Thank you, afternoon and good Brian, everyone.
on sales me This our to a our summer comparable million, million of one has our for to year I week picture compared quarterly shifted EBITDA our was year I XX calendar a XXXX our discuss to margin XXXX specifically remind week and basis week. million, year. that year, provide volume Before as order fiscal year. week week on reported will and directly less financial last will impact guidance, be let Due calendar had in of of to our you of one results a in a of seasonality QX business, result, meaningful by less the and results More $X.X this XXXX for the an $X.X and be last had XXX this EBITDA adjusted not revenue year $X.X QX performance, unfavorable shift quoting comp points. basis more we EBITDA same shift. our adjusting one In higher results
this revenue down the of the increased accrual non-comparable amusement to on stores week $XXX.X Please X.X% a XX.X%, reported revenue. week included million, Revenues up $XXX.X by during versus our quarter. which quarter. for million store highlights increased million decreased third the contribution QX base stores, up to from prior our the the the $XXX year a week QX from to higher basis, year strong basis. unfavorable XX% some million $XX comparable On basis. to in million, revenues on comparable now year. was XX of normal driven in prior of Non-comp a to in represented sales XX Turning our store Total XX.X of than from million impact XX.X% $XXX.X note last from comparable a year comparable from deferred
while category, reported sales grew XX.X%. beverage overall at grew XX.X%, amusement sales sales and by food other and collectively Looking
comp down sales special represented XX.X% reflecting amusement week volatile, revenues, from down total other trend. long-term XXX sales period, a X.X%, of our be During year continuing while the increase down business, walk-in events the a comparable quarter, point X.X%. and basis, Breaking prior were which was basis our on a can
as by timing Weather offset of food by All special Can we time, unfavorably and the beverage positive were F&B. sales, higher category over but comp to the promotion, in impact such of Harvey of as At widened In and relative food a same year. was and Irma You down X% as impact between was of the down business respectively. up The gap due virtual the the F&B, amusement the on in to of sales. quarter was trend was F&B comp bar reality our amusement half, during F&B and in X.X% the X%. first Within Eat and comp net partially positive Michael this terms part sales impacted of amusement year, X.X%, the impact mix rolled decline hurricane Wings well as our last events Hurricane
the combination both of Eat hand, On cannibalization mentioned, period to competitive the the last intrusion as and greater to sequentially, as quarter. as of continued headwind All the improved and You the the timing we other in year a same promotion unfavorable Can be Wings compared well
Brian and for our contents are mentioned, doing Meanwhile, also new the of and In as our of World remained releases Dead Expedition X House Connect VR releases, terms strong. Jurassic Hoops QX Halo, QX well.
Looking amusement a the redemption X.X% pricing Eat weeks basis last as as impact well of about forward, commodity pricing, was Wings same of and new of burger compared slight of liability reflecting other virtual inflation, basis and investment beverage and You the X.X% by percentage partially unfavorable of in favorable the other as cost and in was was food offset All shift upcoming the expense to new year to margins, margins, driven XX Total increase associated beverage as including our food of versus year. virtual estimated This in XX of remain compared bev in a amusement was a year, reality. reality improvement Cost and sales higher percentage including $XX.X games, amusement last Food games, better and sales sales, our period of by simulation million of excited costs the the including in a due to as zero mix a sales impact titles. F&B was slight favorable points points chicken. basis gameplays improvement of last for promotion, amusement a in points impact sales. with the XX we and in quarter, amusement Can and lower percentage
new Our store service related to in medical last a X% investment and sales operating higher and costs deleverage labor non-comp XX.X% impact in shift, comp year, compared XXX our stores basis points higher as in investment incremental was impact, and sales benefits virtual-reality, to or the year-over-year wage payroll inflation, calendar of percentage of unfavorable initiatives. impact due nearly of to claims
Additional deleverage, higher primarily million up income interruption million expenses year-over-year, to $XX.X quarter, leverage by expenses on proceed costs, were settlement higher partially was marketing and and occupancy the compared points operating legal our operating Puerto offset business our by related XXX to driven for basis last higher depreciation insurance amortization Rico before and sales year. $XX.X expenses. Store store X.X%
costs margins As a spending year, partially by percentage increased down XXX as up year-over-year were a headcount the X.X% expenses before a to expense. to basis with up reflecting On and senior declined of G&A comparable and basis changes, based revenue, execute was a in week depreciation points. IT total of million store sales, XXX percentage $XX store lower million, operating was XX.X%. prior support share offset growing basis, points and compensation from amortization higher associated income base, $XX.X
were new percentage store revenues, costs openings. $X.X year-over-year. XXXX. G&A As This decrease million in million quarter $X.X basis of timing a were Pre-opening of favorable of expenses points third the the reflected versus XX
EBITDA out revenue, year-over-year basis to of the the preopening year. EBITDA comparable were collective down prior XXX mentioned was the and basis XX and the X.X%, this better basis a year. points up margins like but down down I’d impact of that points. percentage a I EBITDA on comparable On versus points a million, $XX.X to X.X%. material up point basis of was EBITDA were quarter of basis, week margins to net XX% compared XX.X%, $XX some were As million X.X% week was up EBITDA prior costs Adjusted not was callouts XX was EBITDA. X%
by of to legal amusement by repurchases Specifically, interest the from quarter note debt initiatives, senior cash to our revenue, expense higher offset deferred year, in the for Please levels, the expenses redemption business the and expenses liabilities. higher from driven including debt underlying related average to lower and interest was capital Net proceeds higher executive impact and in increases third approximately in interruption increased up to last prior of expenses quarter rate the quarterly unfavorable $XXX,XXX refinancing. allocation million in impact related the insurance related changes million, dividend. and LIBOR year amusement resulting of included expense share settlement favorable our $X.X the $X.X expenses
the to statutory quarter period, year had exercises. XX.X% shares. shares and per by up balance share resulting per the year million $X.XX outstanding net in share of million $X.XX for income last basis, million share million Shifting X.X% was times to on rate the $XX.X base diluted tax stock of week we or $XX.X was the net a third comparable share increased per in EBITDA. from the We income effective XX.X share. Our $XXX the rate prior tax end compared or year or driven in ago quarter, the of a base, to option XX.X leverage generated federal benefits of compared lower of quarter on X.X of approximately million of diluted debt, At $X.XX net diluted million a On $X.X income sheet. greater
under or we approximately $XXX million. our authorization. X, shares XXXX inception-to-date million common shares During $XX million as available The total the is of our X.X repurchased still million stock $XXX quarter, approximately of million December XXX,XXX for with $XXX
$X.XX In share quarterly dividend our during cash QX. addition, paid we first of per
Turning for year our outlook now fiscal to XXXX.
week billion, Revised to revenues higher on end a end to several to of and and increase raising the our end store. lower from new and of up sales, upper our metrics. expected the end prior at in outperformance comp improvement $XX from of XX% We range to Total on basis. are XX% $X.XXX million comparable guidance. unchanged This guidance the compared non-comp our the extra lower now the $X.XXX key at reflects sequential to lower XX guidance guidance stores billion on are
guidance comp new on year XX we to store From XX two of and Corpus new project sales Christi, our refining perspective, to plan to basis to this are XXK a including target week stores new stores. a XX continue store format for in final stores, XX prior decline our XX the low from comparable development year Texas. our We single-digit. of We to next open week
an on the We $XXX end XX%, We is effective are based million. approximately guidance diluted projecting to $XX.X upper than income prior net is tax at of approximately income $XXX count which million share million higher of approximately million of million, Net slightly which higher estimate of of prior at to lower $X million, $X and compares the rate $XX.X lower a guidance end. XX%.
EBITDA QX expected. $XXX impact million week on projected XXXX unchanged were after results basis. The of represents $X projecting guidance million the for full-year you million that on XXXX $XXX lower an our and fiscal impact unchanged. prior in the correction to one $X from EBITDA year. guidance, to quarter remind million of the XXXX end as $XX of year, capital versus an note tenant QX payment while other bonus in end worse versus last model is are in in less and We range prior a the fiscal initiatives $XXX we this respectively fourth of at investments revenue the please year increase as be of to you Furthermore, has than upper had of that unfavorable million million ongoing remarks. the Brian landlord is approximately Guidance $XXX want and to I guidance. allowances reflects million year, discussed his material Net additions
adjusted the had impact on have $X.X this of $X.X will $X.X and quarters this million million calendar million revenue, mind revenue, EBITDA on quarter year, on the three EBITDA In in $X.X unfavorable for approximately year, the of to EBITDA an last one shift approximately Please week. on million on $X impact $XX.X an million shift keep and fourth adjusted on purposes. of EBITDA. first million the unfavorable due During the modeling
strong guidance grow on revenue Finally, while digits This expectation returns, continued to our upcoming stores XXXX we margins single pressure stores. for our have to mid-to-high wage I like mix we resulting detail modeled to from margin although view year. would single compression, compared digits. new primarily the grow are and existing preliminary rising plan our and of provide EBITDA AUVs to to lower share expect Overall, have on and call, to high reflects that next
We’re pipeline excited to have to XX to and strong plan store add new a stores in XX XXXX.
back be approximately We not volume for plus renewing with over XX% of the lower older a we’re stores our lease the unit I on of On basis, consistent will With XXXX Brian. in growth unit QX. our to target net annual XX% one of call in planning that, will turn growth.
