Dave & Buster's Entertainment falls after Q1 results miss

Dave and Busters Entertainment,

12/06/2024 21:32

** Shares of restaurant chain operator Dave & Buster's
Entertainment  PLAY.O  fall 9.1% to $45.75 after the bell
    ** PLAY reports Q1 results below estimates as more consumers
opt for cheaper meals at home
    ** Co reports Q1 comparable sales decline of 5.6%, compared
with analysts' average expectations of a 4% fall - LSEG data
    ** Q1 revenue of $588.1 mln also misses expectations
of$621.3 million
    ** PLAY reports Q1 adjusted profit of $1.12/shr vs estimates
of $1.70/shr
    ** YTD, stock down about 6% as of last close

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))