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.
戴夫和巴斯特娛樂公司（納斯達克股票代碼：PLAY）的股價在週三早盤交易中攀升，此前該公司公佈了樂觀的第二季度業績。
The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.
該公司在令人興奮的業績期中公佈了業績。以下是一些重要的分析師要點。
BMO Capital Markets On Dave & Buster's Entertainment
BMO 資本市場論 Dave & Buster 的娛樂
Analyst Andrew Strelzik reiterated an Outperform rating, while reducing the price target from $65 to $55.
分析師安德魯·斯特雷爾齊克重申了跑贏大盤的評級，同時將目標股價從65美元下調至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.
斯特雷爾齊克在一份報告中說，戴夫和巴斯特娛樂公司公佈的第二季度息稅折舊攤銷前利潤爲1.52億美元，比市場預期高出1100萬美元，餐廳利潤率的提高和併購的降低足以抵消業績的疲軟。”這標誌着儘管在上個季度的失誤之後收入面臨壓力，但息稅折舊攤銷前利潤的上行支撐已恢復，” 他補充說。
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.
該分析師表示，該公司繼續面臨同店銷售壓力，第二季度業績下降6.3％，「由於消費者支出環境艱難，8月份可能出現類似的下降」。他進一步寫道，儘管收入可能仍將低於先前的預期，但季度業績 「增強了我們的信心，即PLAY可以通過節省成本來應對充滿挑戰的環境，從而爲其戰略舉措帶來更好的表現。」
Check out other analyst stock ratings.
查看其他分析師股票評級。
Truist Securities On Dave & Buster's Entertainment
信任證券談戴夫和巴斯特的娛樂
Analyst Jake Bartlett maintained a Buy rating and price target of $59.
分析師傑克·巴特利特維持買入評級和59美元的目標股價。
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.
巴特利特說，儘管戴夫和巴斯特娛樂公司的收益超過預期，但其同店銷售額急劇下降了6.3％，而市場普遍下降了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.
該分析師寫道：「我們仍然相信，PLAY的銷售舉措將開始抵消宏觀壓力，改造將對建築產生影響，在足球賽季期間開展更有針對性的營銷活動以及重要的特別活動銷售推動力（預定量已同比增加）。」他補充說，儘管短期內同店銷售可能仍面臨壓力，但該公司可能能夠通過運營成本效率 「至少部分抵消」 由此產生的影響。
PLAY Price Action: Shares of Dave & Buster's Entertainment were up 1.5% to $30.37 at the time of publication on Wednesday.
PLAY價格走勢：週三發佈時，戴夫和巴斯特娛樂公司的股價上漲了1.5％，至30.37美元。
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Photo: JHVEPhoto/Shutterstock.com
照片：jhvePhoto/Shutterstock.com
譯文內容由第三人軟體翻譯。