Most consumer discretionary businesses succeed or fail based on the broader economy. Unfortunately, the industry’s recent performance suggests demand may be fading as
discretionary stocks have pulled back by 8.2% over the past six months. This performance was worse than the S&P 500’s 2.9% fall.
Dave & Buster's has gotten torched over the last six months - since October 2024, its stock price has dropped 43% to $19.71 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Arcade company Dave & Buster’s (NASDAQ:PLAY) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.8% year on year to $534.5 million. Its non-GAAP profit of $0.69 per share was in line with analysts’ consensus estimates. The stock trades at $16.00 in the premarket, 1.17% down from yesterday’s close.
Arcade company Dave & Buster’s (NASDAQ:PLAY) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 10.8% year on year to $534.5 million. Its non-GAAP profit of $0.69 per share was in line with analysts’ consensus estimates.
What a brutal six months it’s been for Dave & Buster's. The stock has dropped 36% and now trades at $19.30, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Looking back on leisure facilities stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Vail Resorts (NYSE:MTN) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Dave & Buster's (NASDAQ:PLAY) and the best and worst performers in the leisure facilities industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Planet Fitness (NYSE:PLNT) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Xponential Fitness (NYSE:XPOF) and the best and worst performers in the leisure facilities industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure facilities stocks fared in Q3, starting with Sphere Entertainment (NYSE:SPHR).
Looking back on leisure facilities stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Topgolf Callaway (NYSE:MODG) and its peers.
