Dave & Buster’s Entertainment (NASDAQ:PLAY) released its quarterly earnings results on Thursday. The restaurant operator reported ($1.24) EPS for the quarter, topping the Zacks’ consensus estimate of ($1.49) by $0.25, MarketWatch Earnings reports. The company had revenue of $50.80 million for the quarter, compared to analyst estimates of $78.54 million. Dave & Buster’s Entertainment had a return on equity of 8.89% and a net margin of 1.24%. Dave & Buster’s Entertainment’s revenue was down 85.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.90 earnings per share.
Shares of NASDAQ PLAY opened at $18.02 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.62 and a debt-to-equity ratio of 10.36. Dave & Buster’s Entertainment has a 12 month low of $4.61 and a 12 month high of $48.80. The stock has a 50 day moving average of $14.95 and a 200-day moving average of $15.51. The company has a market capitalization of $875.02 million, a P/E ratio of 51.49 and a beta of 1.69.
In other news, CEO Brian Jenkins sold 13,370 shares of Dave & Buster’s Entertainment stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $15.40, for a total transaction of $205,898.00. Following the completion of the transaction, the chief executive officer now directly owns 166,912 shares in the company, valued at approximately $2,570,444.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP John Mulleady sold 11,854 shares of Dave & Buster’s Entertainment stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $13.83, for a total value of $163,940.82. Following the transaction, the senior vice president now owns 44,862 shares of the company’s stock, valued at $620,441.46. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.
About Dave & Buster’s Entertainment
Dave & Buster's Entertainment, Inc owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrees and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events.
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