Dave & Buster's Files 10-Q for August 2024 Period
Ticker: PLAY · Form: 10-Q · Filed: Sep 10, 2024 · CIK: 1525769
Sentiment: neutral
Topics: 10-Q, earnings, retail, entertainment
TL;DR
Dave & Buster's 10-Q filed, showing Q2 2024 financials. Check for revenue and profit trends.
AI Summary
Dave & Buster's Entertainment, Inc. filed a 10-Q for the period ending August 6, 2024. The filing covers financial performance and operational details for the company, which operates entertainment and dining venues. Specific financial figures and operational metrics for the reported period are detailed within the document.
Why It Matters
This filing provides investors and analysts with the latest financial health and operational performance of Dave & Buster's, influencing investment decisions and market perception.
Risk Assessment
Risk Level: medium — 10-Q filings are standard disclosures, but the specific financial details within can reveal performance trends that may impact stock price.
Key Numbers
- 2024-08-06 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
- 2024-09-10 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Dave & Buster's Entertainment, Inc. (company) — Filer of the 10-Q
- 20240806 (date) — End of the reporting period
- 20240910 (date) — Filing date
- 0001525769 (company) — Central Index Key for Dave & Buster's Entertainment, Inc.
FAQ
What is the total revenue for the reported period ending August 6, 2024?
The filing does not explicitly state the total revenue in the provided snippet, but it covers the period from May 6, 2024, to August 6, 2024, for Entertainment and Food & Beverage segments.
What were the key financial highlights for Dave & Buster's in Q2 2024?
The filing covers the period of Q2 2024, with specific financial data for Entertainment and Food & Beverage segments for the periods ending August 6, 2024, and July 30, 2023.
When was the previous fiscal year end for Dave & Buster's?
The fiscal year end for Dave & Buster's is February 2, 2024 (0202).
What is the company's primary business segment?
Dave & Buster's Entertainment, Inc. is primarily in the 'RETAIL-EATING PLACES' (SIC code 5812) industry, with specific segments including Entertainment and Food & Beverage.
What is the company's principal executive office address?
The principal executive office is located at 2481 Manana Drive, Dallas, TX 75220.
Filing Stats: 4,814 words · 19 min read · ~16 pages · Grade level 7.2 · Accepted 2024-09-10 16:20:10
Key Financial Figures
- $0.01 — hange on which registered Common Stock $0.01 par value PLAY NASDAQ Global Select Mar
Filing Documents
- play-20240806.htm (10-Q) — 947KB
- play-2024q2xex101.htm (EX-10.1) — 144KB
- play-2024q2xex311.htm (EX-31.1) — 9KB
- play-2024q2xex312.htm (EX-31.2) — 9KB
- play-2024q2xex321.htm (EX-32.1) — 4KB
- play-2024q2xex322.htm (EX-32.2) — 4KB
- 0001628280-24-040032.txt ( ) — 4388KB
- play-20240806.xsd (EX-101.SCH) — 29KB
- play-20240806_cal.xml (EX-101.CAL) — 62KB
- play-20240806_def.xml (EX-101.DEF) — 127KB
- play-20240806_lab.xml (EX-101.LAB) — 366KB
- play-20240806_pre.xml (EX-101.PRE) — 245KB
- play-20240806_htm.xml (XML) — 420KB
Financial Statements
Financial Statements 3 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 16 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 33 Item 4.
Controls and Procedures
Controls and Procedures 33 PART II OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 35 Item 1A.
Risk Factors
Risk Factors 35 Item 2. Unregistered Sales of Equity Securities 35 Item 6. Exhibits 36
Signatures
Signatures 37 2 Table of Contents
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements DAVE & BUSTER'S ENTERTAINMENT, INC. CONSOLIDATED BALANCE SHEETS (in millions, except per share amounts) August 6, 2024 February 4, 2024 (Unaudited) (Audited) ASSETS Current Assets: Cash and cash equivalents $ 13.1 $ 37.3 Inventories 37.2 37.2 Prepaid expenses 25.0 18.2 Income taxes receivable 4.9 22.9 Accounts receivable 15.9 21.9 Total current assets 96.1 137.5 Property and equipment (net of $ 1,342.8 and $ 1,222.6 of accumulated depreciation as of August 6, 2024 and February 4, 2024, respectively) 1,425.2 1,332.7 Operating lease right of use assets, net 1,348.7 1,323.3 Deferred tax assets 7.2 6.0 Tradenames 178.2 178.2 Goodwill 742.5 742.5 Other assets and deferred charges 36.0 34.2 Total assets $ 3,833.9 $ 3,754.4 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Current installments of long-term debt $ 9.0 $ 9.0 Accounts payable 84.1 118.6 Accrued liabilities 307.8 306.0 Income taxes payable 7.3 2.0 Total current liabilities 408.2 435.6 Deferred income taxes 85.7 89.8 Operating lease liabilities 1,589.5 1,558.5 Other long-term liabilities 173.7 135.3 Long-term debt, net 1,292.4 1,284.0 Commitments and contingencies Stockholders' equity: Common stock, par value $ 0.01 ; authorized: 400.00 shares; issued: 63.15 shares at August 6, 2024 and 62.86 at February 4, 2024; outstanding: 39.30 shares at August 6, 2024 and 40.27 at February 4, 2024 0.6 0.6 Preferred stock, 50.00 authorized; none issued — — Paid-in capital 611.4 597.6 Treasury stock, 23.85 and 22.59 shares as of August 6, 2024 and February 4, 2024, respectively ( 1,007.5 ) ( 945.3 ) Accumulated other comprehensive loss ( 1.0 ) ( 0.9 ) Retained earnings 680.9 599.2 Total stockholders' equity 284.4 251.2 Total liabilities and stockholders' equity $ 3,833.9 $ 3,754.4 See accompanying notes to consolidated financial statements. 3 Table of Contents DAVE & BUSTER'S ENTERTAINMENT, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIV