Dave & Buster's reported disappointing first-quarter earnings for 2024, missing analysts' estimates. The company posted an adjusted EPS of $1.12, falling short of the expected $1.70. Revenue came in at $588.1 million, below the projected $621.26 million, down 1.5% year-over-year. Net income dropped to $41.4 million from $70.1 million in Q1 2023. Diluted EPS was $0.99. Comparable store sales decreased by 5.6% year-over-year. Adjusted EBITDA was $159.1 million, 27.1% of revenue. As a result, Dave & Buster's stock fell by 11% in post-market trading.