We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Consensus Estimate for fiscal second-quarter earnings is pegged at $1.01 compared with $1.07 in the year-ago quarter. The consensus mark for revenues stands at $432.3 million, suggesting growth of 14.5% from the prior-year quarter.
Factors to Note
Dave & Buster's fiscal second-quarter performance is likely to have benefited from the opening of stores in the last 12 months, robust digital sales and sales-building efforts. Apart from great food or beverages, its entertainment business has been driving growth. During the first five weeks of second-quarter fiscal 2022, the company witnessed sustained recovery in business, with comps increasing 12.2% from the 2019 level. Walk-in comparable store sales rose 17.8%, while Special Event comparable store sales slumped 27.9% for the five weeks compared with 2019.
The robust performance of food and beverage, and amusement and others might have driven the company’s performance in the quarter to be reported. The Zacks Consensus Estimate for food and beverage revenues is pegged at $144 million, suggesting an improvement of 17.1% year over year. The consensus mark for amusement and other revenues stands at $287 million, indicating an improvement of 12.5% year over year.
However, the rise in labor and commodity cost continues is likely to have negatively impacted the bottom line. The industry players expect to witness higher costs due to labor and supply chain shortages for quite some time. The company has been witnessing labor challenges in a handful of markets.
Dave & Buster's Entertainment, Inc. Price and EPS Surprise
Our proven model predicts an earnings beat for Dave & Buster’s this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
Earnings ESP: Dave & Buster’s has an Earnings ESP of +2.97%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank #3.
Other Stocks Poised to Beat Earnings Estimates
Here are some other stocks from the Zacks Retail-Wholesale sector that investors may consider as our model shows that these too have the right combination of elements to post an earnings beat in the quarter to be reported:
Chipotle Mexican Grill (CMG - Free Report) currently has an Earnings ESP of +0.68% and a Zacks Rank #3. The company is likely to register an increase in the bottom line when it reports third-quarter 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $9.05 suggests an increase of 28.9% from the year-ago reported number.
Chipotle Mexican Grill’s top line is expected to increase year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $2.23 billion, which indicates growth of 14.4% from the prior-year quarter. CMG has a trailing four-quarter earnings surprise of 6.2%, on average.
Casey's General Stores (CASY - Free Report) currently has an Earnings ESP of +24.88% and a Zacks Rank #2. The company is expected to register a bottom-line increase when it reports first-quarter fiscal 2023 results. The Zacks Consensus Estimate for the quarterly earnings per share of $3.32 suggests an increase of 4.1% from the year-ago quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.
Casey's General’s top line is anticipated to have risen year over year. The consensus mark for CASY’s revenues is pegged at $4.6 billion, indicating an increase of 44.4% from the figure reported in the year-ago quarter. Casey's General has a trailing four-quarter earnings surprise of 5.8%, on average.
Campbell Soup Company (CPB - Free Report) currently has an Earnings ESP of +0.60% and a Zacks Rank #3. The company is expected to register an increase in the bottom line when it reports fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for the quarterly earnings per share of 56 cents suggests an increase of 1.8% from the year-ago quarter.
Campbell Soup’s top line is anticipated to have increased year over year. The consensus mark for CPB’s revenues is pegged at $1.98 billion, indicating an increase of 5.5% from the figure reported in the year-ago quarter.
Image: Bigstock
Dave & Buster's (PLAY) Set for Q2 Earnings: What's in Store?
Dave & Buster’s Entertainment, Inc. (PLAY - Free Report) is scheduled to report its second-quarter fiscal 2022 results on Sep 7. In the last reported quarter, the company beat earnings by 16.4%.
Q2 Estimates
The Zacks Consensus Estimate for fiscal second-quarter earnings is pegged at $1.01 compared with $1.07 in the year-ago quarter. The consensus mark for revenues stands at $432.3 million, suggesting growth of 14.5% from the prior-year quarter.
Factors to Note
Dave & Buster's fiscal second-quarter performance is likely to have benefited from the opening of stores in the last 12 months, robust digital sales and sales-building efforts. Apart from great food or beverages, its entertainment business has been driving growth. During the first five weeks of second-quarter fiscal 2022, the company witnessed sustained recovery in business, with comps increasing 12.2% from the 2019 level. Walk-in comparable store sales rose 17.8%, while Special Event comparable store sales slumped 27.9% for the five weeks compared with 2019.
The robust performance of food and beverage, and amusement and others might have driven the company’s performance in the quarter to be reported. The Zacks Consensus Estimate for food and beverage revenues is pegged at $144 million, suggesting an improvement of 17.1% year over year. The consensus mark for amusement and other revenues stands at $287 million, indicating an improvement of 12.5% year over year.
However, the rise in labor and commodity cost continues is likely to have negatively impacted the bottom line. The industry players expect to witness higher costs due to labor and supply chain shortages for quite some time. The company has been witnessing labor challenges in a handful of markets.
Dave & Buster's Entertainment, Inc. Price and EPS Surprise
Dave & Buster's Entertainment, Inc. price-eps-surprise | Dave & Buster's Entertainment, Inc. Quote
What the Zacks Model Unveils
Our proven model predicts an earnings beat for Dave & Buster’s this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
Earnings ESP: Dave & Buster’s has an Earnings ESP of +2.97%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank #3.
Other Stocks Poised to Beat Earnings Estimates
Here are some other stocks from the Zacks Retail-Wholesale sector that investors may consider as our model shows that these too have the right combination of elements to post an earnings beat in the quarter to be reported:
Chipotle Mexican Grill (CMG - Free Report) currently has an Earnings ESP of +0.68% and a Zacks Rank #3. The company is likely to register an increase in the bottom line when it reports third-quarter 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $9.05 suggests an increase of 28.9% from the year-ago reported number.
Chipotle Mexican Grill’s top line is expected to increase year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $2.23 billion, which indicates growth of 14.4% from the prior-year quarter. CMG has a trailing four-quarter earnings surprise of 6.2%, on average.
Casey's General Stores (CASY - Free Report) currently has an Earnings ESP of +24.88% and a Zacks Rank #2. The company is expected to register a bottom-line increase when it reports first-quarter fiscal 2023 results. The Zacks Consensus Estimate for the quarterly earnings per share of $3.32 suggests an increase of 4.1% from the year-ago quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.
Casey's General’s top line is anticipated to have risen year over year. The consensus mark for CASY’s revenues is pegged at $4.6 billion, indicating an increase of 44.4% from the figure reported in the year-ago quarter. Casey's General has a trailing four-quarter earnings surprise of 5.8%, on average.
Campbell Soup Company (CPB - Free Report) currently has an Earnings ESP of +0.60% and a Zacks Rank #3. The company is expected to register an increase in the bottom line when it reports fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for the quarterly earnings per share of 56 cents suggests an increase of 1.8% from the year-ago quarter.
Campbell Soup’s top line is anticipated to have increased year over year. The consensus mark for CPB’s revenues is pegged at $1.98 billion, indicating an increase of 5.5% from the figure reported in the year-ago quarter.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.