Dave & Buster's Entertainment (PLAY) Tops Q4 EPS by 1c, Offers FY Guidance
Dave & Buster's Entertainment (NASDAQ: PLAY) reported Q4 EPS of $0.61, $0.01 better than the analyst estimate of $0.60. Revenue for the quarter came in at $304.9 million versus the consensus estimate of $305.49 million.
GUIDANCE:
Dave & Buster's Entertainment sees FY2018 revenue of $1.2-1.24 billion, versus the consensus of $1.26 billion.
- Comparable store sales decrease in the low-to-mid single digits (on a comparable 52-week basis)
- 14 to 15 new stores
- Net income of $95 million to $110 million
- Effective tax rate of 23% to 24% (including the estimated impact of the Tax Cuts and Jobs Act of 2017) and diluted share count of approximately 41 million shares
- EBITDA of $255 million to $275 million
- Total capital additions (net of tenant improvement allowances and other landlord payments) of $170 million to $180 million
For earnings history and earnings-related data on Dave & Buster's Entertainment (PLAY) click here.
