Dave & Buster's EPS beats by $0.08, misses on revenue

• Dave & Buster's (NASDAQ:PLAY): Q3 GAAP EPS of $0.21 beats by $0.08.
• Revenue of $317.98M (+191.6% Y/Y) misses by $1.76M.
• Shares +6.13%.
• Press Release
• Adjusted EBITDA increased 47.4% from the third quarter of 2019 to $68.2 million, or 21.5% of revenue.
• Comparable store sales increased 1.1% compared with the same period in 2019.
• Outlook: Q4 Comparable store sales to be slightly positive compared with the fourth quarter of 2019, Q4 Adj. EBITDA margin to increase by approximately 200 bps Y/Y, A total of four new store openings during fiscal year 2021 and the relocation of one existing location, Fiscal 2021 capital additions of approximately $100 million.

Comments

[pommes.soda27]

Store sales increased compared with 2019. Eps is also better. Long $play.