Consumer TrendsChallenging macro conditions remained a headwind, with spending among the lowest income quintile of consumers down twice as much as other income quintiles.
Financial PerformanceFY3Q24 EBITDA of $68 million fell below consensus by $6 million owing to softer comp and weaker margins, partly influenced by calendar shift and weather.
Leadership And StrategyThe unexpected resignation of its CEO and worse than expected sales lifts from recent remodels shake confidence in PLAY's sales catalysts.