Dave & Buster’s Entertainment (PLAY)

Pretax margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 4, 2024	Jan 31, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	69,900	110,900	202,500	141,600	78,900	62,200	45,400	146,400	203,436	217,212	185,946	96,964	88,103	128,627	214,214	244,318	238,265	159,182	137,300	170,917
Revenue (ttm)	US$ in thousands	2,132,700	2,162,100	2,308,200	2,218,000	2,067,900	2,046,100	1,945,000	2,075,400	2,201,161	2,192,813	2,176,019	2,031,551	1,936,149	1,841,897	1,811,792	1,702,062	1,558,491	1,436,967	1,349,776	1,384,312
Pretax margin		3.28%	5.13%	8.77%	6.38%	3.82%	3.04%	2.33%	7.05%	9.24%	9.91%	8.55%	4.77%	4.55%	6.98%	11.82%	14.35%	15.29%	11.08%	10.17%	12.35%

January 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $69,900K ÷ $2,132,700K
= 3.28%

The pretax margin of Dave & Buster’s Entertainment has fluctuated over the periods provided. It started at 12.35% as of January 30, 2022, then decreased to 10.17% by January 31, 2022. Subsequently, there was an increase to 15.29% by May 1, 2022. The pretax margin remained relatively high at around 14% in July and then declined to 4.55% by January 29, 2023. It showed a slight improvement to 8.55% by April 30, 2023, before declining again to 2.33% by October 31, 2023. The pretax margin gradually increased in the following periods, reaching 8.77% by July 31, 2024, and then decreasing to 3.28% by January 31, 2025.

Overall, the pretax margin of Dave & Buster’s Entertainment has exhibited variability, reflecting fluctuations in the company's profitability before taxes. This variability may be affected by factors such as operating expenses, revenues, and economic conditions impacting the business.