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Dave & Buster’s Leisure, Inc. (NASDAQ: PLAY), which operates a sequence of informal eating and leisure amenities, has reported a rise in revenues and web revenue for the second quarter of 2024.
The Dallas-based firm reported a web revenue of $40.3 million or $0.99 per share for the July quarter, increased than the $25.9 million or $0.60 per share recorded within the prior-year interval. Adjusted EBITDA elevated 8% yearly to $151.6 million throughout the three months.
Driving the underside line development, second-quarter revenues rose 3% year-over-year to $557.1 million, whilst comparable retailer gross sales declined 6.3%. Leisure income grew 4%, whereas Meals and Beverage income remained unchanged.
Chris Morris, the corporate’s CEO, stated, “Through the quarter, we grew Income and Adjusted EBITDA, expanded our Adjusted EBITDA margins and generated robust working money movement which allowed us to put money into the enterprise and return money to shareholders.”
Prior Efficiency
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