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Dave & Buster’s reports Q4 EPS (35c), consensus 46c

Reports Q4 revenue $529.6M, consensus $554.92M. Q4 comparable store sales decreased 3.3%. “I am pleased to report that our back-to-basics strategy continues to gain meaningful traction, with same-store sales trends improving throughout the prior year,” said Tarun Lal, CEO. “Since joining the company nine months ago, I have become even more confident in our ability to dramatically improve operating results, driven by standout progress in our food and beverage offering, disciplined marketing, and a sharper value proposition for our guests.”

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