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Stock impact report

Pinstripes Reports Fiscal Third Quarter 2024 Results

Pinstripes Holdings, Inc. Class A (PNST) 
Company Research Source: Business Wire
14.1% Revenue growth including 6.9% same store sales growth, year-over-year16 total venues with three additional venues under construction as of February 21, 2024 NORTHBROOK, Ill.--(BUSINESS WIRE)--Pinstripes Holdings, Inc. (“Pinstripes” or “the Company”) (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today reported its financial results for the fiscal third quarter ended January 7, 2024.Third Quarter Fiscal 2024 HighlightsTotal revenue increased 14.1% to $32.2 million, compared to the prior year fiscal third quarterFood and beverage revenues increased 14.2% to $24.9 millionRecreation revenues increased 13.8% to $7.3 millionSame store sales increased 6.9% over the prior year periodOperating loss was $(3.1) million, including pre-opening expenses of $1.9 million, or (9.5)% of total revenue, compared to operating loss of $(0.1) million, including pre-opening expenses of $1.2 million, or (0.4)% of tot Show less Read more
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