Dave & Buster's Spikes On Strong Results, Guidance

by Javier Hasse, Benzinga Editor

December 6, 2016 5:13 PM | 1 min read | Make a Comment

Dave & Buster's Entertainment, Inc. PLAY reported Q3 EPS of $0.25, beating the Street’s consensus by $0.11.
Revenue of $228.7 million, up 18.7 percent year-over-year, came in $11.96 million ahead of expectations.
Management guided for Q4 comps of 2.5 percent to 4.5 percent.
The team expects fiscal 2016 comps of 3.1 percent to 3.6 percent, up from a previous guidance of 2.25 percent to 3.25 percent.
The company boosted its full year net income guidance from $80-$85 million, to $86.5-$88.5 million, and its revenue outlook from $983-$995 million, to $998-$1.003 million. Analysts were anticipating $988.67 million in sales.
Shares traded up almost 12 percent to $53.63 in Tuesday’s after-hours session.

Posted In: Earnings News Guidance After-Hours Center Movers

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