Dave & Buster's Entertainment Beats Q2 Earnings: Analysts See Upside In 'Challenging Environment'
Dave & Buster's Entertainment Beats Q2 Earnings: Analysts See Upside In 'Challenging Environment'
Shares of Dave & Buster's Entertainment Inc (NASDAQ:PLAY) climbed in early trading on Wednesday, after the company reported upbeat second-quarter results.
戴夫和巴斯特娱乐公司（纳斯达克股票代码：PLAY）的股价在周三早盘交易中攀升，此前该公司公布了乐观的第二季度业绩。
The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.
该公司在令人兴奋的财报季中公布了业绩。以下是一些重要的分析师要点。
BMO Capital Markets On Dave & Buster's Entertainment
BMO 资本市场论 Dave & Buster 的娱乐
Analyst Andrew Strelzik reiterated an Outperform rating, while reducing the price target from $65 to $55.
分析师安德鲁·斯特雷尔齐克重申了跑赢大盘的评级，同时将目标股价从65美元下调至55美元。
Dave & Buster's Entertainment reported its second-quarter EBITDA at $152 million, beating consensus by $11 million, with stronger restaurant margins and lower G&A more than offseting weaker comps, Strelzik said in a note." This marks a return to supporting EBITDA upside despite top-line pressures following last quarter's missteps," he added.
斯特雷尔齐克在一份报告中说，戴夫和巴斯特娱乐公司公布的第二季度息税折旧摊销前利润为1.52亿美元，比市场预期高出1100万美元，餐厅利润率的提高和并购的降低足以抵消业绩的疲软。”这标志着尽管在上个季度的失误之后收入面临压力，但息税折旧摊销前利润的上行支撑已恢复，” 他补充说。
The company continues to witness pressure on same-store sales, with comps declining 6.3% in the second quarter and "likely similar declines in August owing to the challenging consumer spending environment," the analyst stated. While the top-line is likely to remain softer than was earlier anticipated, the quarterly results "bolster our confidence that PLAY could navigate a challenging environment with cost savings as a bridge to more conducive top-line environment in which its strategic initiatives could better perform," he further wrote.
该分析师表示，该公司继续面临同店销售压力，第二季度业绩下降6.3％，“由于消费者支出环境艰难，8月份可能出现类似的下降”。他进一步写道，尽管收入可能仍将低于先前的预期，但季度业绩 “增强了我们的信心，即PLAY可以通过节省成本来应对充满挑战的环境，从而为其战略举措带来更好的表现。”
Check out other analyst stock ratings.
查看其他分析师股票评级。
Truist Securities On Dave & Buster's Entertainment
信任证券谈戴夫和巴斯特的娱乐
Analyst Jake Bartlett maintained a Buy rating and price target of $59.
分析师杰克·巴特利特维持买入评级和59美元的目标股价。
Although Dave & Buster's Entertainment delivered an earnings beat, its same-store sales declined sharply by 6.3%, versus consensus of a 3.3% downturn, Bartlett said.
巴特利特说，尽管戴夫和巴斯特娱乐公司的收益超过预期，但其同店销售额急剧下降了6.3％，而市场普遍下降了3.3％。
"We continue to believe that PLAY's sales initiatives will begin to offset macro pressures, with a building impact of remodels, a more focused marketing campaign during football season and significant special events sales drivers (pre-bookings already up Y/Y)," the analyst wrote. Although same-store sales are likely to remain under pressure in the near term, the company may be able to "at least partially offset" the impact of this with operating cost efficiencies, he added.
该分析师写道：“我们仍然相信，PLAY的销售举措将开始抵消宏观压力，改造将对建筑产生影响，在足球赛季期间开展更有针对性的营销活动以及重要的特别活动销售推动力（预定量已同比增加）。”他补充说，尽管短期内同店销售可能仍面临压力，但该公司可能能够通过运营成本效率 “至少部分抵消” 由此产生的影响。
PLAY Price Action: Shares of Dave & Buster's Entertainment were up 1.5% to $30.37 at the time of publication on Wednesday.
PLAY价格走势：周三发布时，戴夫和巴斯特娱乐公司的股价上涨了1.5％，至30.37美元。
- Stocks Had Worst Start To September Nearly Ever – Here's Why
- 9月份股市开局几乎是有史以来最差的——这就是原因
Photo: JHVEPhoto/Shutterstock.com
照片：jhvePhoto/Shutterstock.com