Dave & Buster’s Entertainment (PLAY)

Gross profit margin

		Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Gross profit	US$ in thousands	1,729,500	1,566,580	1,038,170	361,607	1,121,380
Revenue	US$ in thousands	2,066,500	1,875,440	1,243,140	436,512	1,354,690
Gross profit margin		83.69%	83.53%	83.51%	82.84%	82.78%

February 4, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,729,500K ÷ $2,066,500K
= 83.69%

Dave & Buster’s Entertainment has shown consistent and strong gross profit margins over the past five years, ranging from 82.78% to 83.69%. This indicates the company has been effectively managing its cost of goods sold relative to its revenue during this period. The slight fluctuations in gross profit margin are relatively minor and suggest that the company has maintained a stable pricing strategy and effective control over its production costs. Overall, the trend in the gross profit margin indicates that Dave & Buster’s has been successful in generating a high percentage of revenue remaining after accounting for the cost of goods sold.