vs
B&G Foods, Inc.（BGS）与Dave & Buster's Entertainment, Inc.（PLAY）财务数据对比。点击上方公司名可切换其他公司
Dave & Buster's Entertainment, Inc.的季度营收约是B&G Foods, Inc.的1.0倍（$448.2M vs $439.3M），B&G Foods, Inc.净利率更高（-4.4% vs -9.4%，领先5.0%），Dave & Buster's Entertainment, Inc.同比增速更快（-1.1% vs -4.7%），Dave & Buster's Entertainment, Inc.自由现金流更多（$-20.6M vs $-70.7M），过去两年B&G Foods, Inc.的营收复合增速更高（-12.8% vs -13.5%）
B&G Foods是总部位于美国新泽西州帕西帕尼的品牌食品控股企业，创立于1996年，成立初衷是收购1889年诞生于曼哈顿的酸黄瓜、调味酱及调味品生产商Bloch & Guggenheimer，如今在北美食品领域拥有众多知名品牌。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
BGS vs PLAY — 直观对比
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $448.2M |
| 净利润 | $-19.1M | $-42.1M |
| 毛利率 | 22.5% | 85.8% |
| 营业利润率 | 2.5% | -3.6% |
| 净利率 | -4.4% | -9.4% |
| 营收同比 | -4.7% | -1.1% |
| 净利润同比 | -356.5% | -28.7% |
| 每股收益（稀释后） | $-0.24 | $-1.22 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | — | $448.2M | ||
| Q3 25 | $439.3M | $557.4M | ||
| Q2 25 | $424.4M | $567.7M | ||
| Q1 25 | $425.4M | $534.5M | ||
| Q4 24 | $551.6M | $453.0M | ||
| Q3 24 | $461.1M | $557.1M | ||
| Q2 24 | $444.6M | $588.1M | ||
| Q1 24 | $475.2M | $599.0M |
| Q4 25 | — | $-42.1M | ||
| Q3 25 | $-19.1M | $11.4M | ||
| Q2 25 | $-9.8M | $21.7M | ||
| Q1 25 | $835.0K | $9.3M | ||
| Q4 24 | $-222.4M | $-32.7M | ||
| Q3 24 | $7.5M | $40.3M | ||
| Q2 24 | $3.9M | $41.4M | ||
| Q1 24 | $-40.2M | $36.1M |
| Q4 25 | — | 85.8% | ||
| Q3 25 | 22.5% | 86.3% | ||
| Q2 25 | 20.5% | 85.5% | ||
| Q1 25 | 21.2% | 85.5% | ||
| Q4 24 | 21.5% | 85.0% | ||
| Q3 24 | 22.2% | 85.3% | ||
| Q2 24 | 20.7% | 85.2% | ||
| Q1 24 | 22.9% | 84.1% |
| Q4 25 | — | -3.6% | ||
| Q3 25 | 2.5% | 9.5% | ||
| Q2 25 | 5.2% | 11.1% | ||
| Q1 25 | 8.4% | 8.3% | ||
| Q4 24 | -46.6% | 1.4% | ||
| Q3 24 | 11.1% | 15.2% | ||
| Q2 24 | 9.9% | 14.5% | ||
| Q1 24 | -3.3% | 14.9% |
| Q4 25 | — | -9.4% | ||
| Q3 25 | -4.4% | 2.0% | ||
| Q2 25 | -2.3% | 3.8% | ||
| Q1 25 | 0.2% | 1.7% | ||
| Q4 24 | -40.3% | -7.2% | ||
| Q3 24 | 1.6% | 7.2% | ||
| Q2 24 | 0.9% | 7.0% | ||
| Q1 24 | -8.5% | 6.0% |
| Q4 25 | — | $-1.22 | ||
| Q3 25 | $-0.24 | $0.32 | ||
| Q2 25 | $-0.12 | $0.62 | ||
| Q1 25 | $0.01 | $0.32 | ||
| Q4 24 | $-2.81 | $-0.84 | ||
| Q3 24 | $0.09 | $0.99 | ||
| Q2 24 | $0.05 | $0.99 | ||
| Q1 24 | $-0.51 | $0.95 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $60.9M | $13.6M |
| 总债务越低越好 | $2.0B | $1.6B |
| 股东权益账面价值 | $470.7M | $130.8M |
| 总资产 | $2.9B | $4.1B |
| 负债/权益比越低杠杆越低 | 4.30× | 12.17× |
8季度趋势，按日历期对齐
| Q4 25 | — | $13.6M | ||
| Q3 25 | $60.9M | $12.0M | ||
| Q2 25 | $54.1M | $11.9M | ||
| Q1 25 | $61.2M | $6.9M | ||
| Q4 24 | $50.6M | $8.6M | ||
| Q3 24 | $54.7M | $13.1M | ||
| Q2 24 | $40.3M | $32.1M | ||
| Q1 24 | $42.5M | $37.3M |
| Q4 25 | — | $1.6B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $2.0B | $1.6B | ||
| Q1 25 | $2.0B | $1.5B | ||
| Q4 24 | $2.0B | $1.5B | ||
| Q3 24 | $2.1B | $1.3B | ||
| Q2 24 | $2.0B | $1.3B | ||
| Q1 24 | $2.0B | $1.3B |
| Q4 25 | — | $130.8M | ||
| Q3 25 | $470.7M | $166.2M | ||
| Q2 25 | $501.4M | $146.8M | ||
| Q1 25 | $513.1M | $145.8M | ||
| Q4 24 | $524.8M | $226.6M | ||
| Q3 24 | $755.3M | $284.4M | ||
| Q2 24 | $765.0M | $292.5M | ||
| Q1 24 | $781.2M | $251.2M |
| Q4 25 | — | $4.1B | ||
| Q3 25 | $2.9B | $4.1B | ||
| Q2 25 | $2.9B | $4.1B | ||
| Q1 25 | $3.0B | $4.0B | ||
| Q4 24 | $3.0B | $3.9B | ||
| Q3 24 | $3.4B | $3.8B | ||
| Q2 24 | $3.4B | $3.8B | ||
| Q1 24 | $3.4B | $3.8B |
| Q4 25 | — | 12.17× | ||
| Q3 25 | 4.30× | 9.57× | ||
| Q2 25 | 3.97× | 10.98× | ||
| Q1 25 | 3.91× | 10.45× | ||
| Q4 24 | 3.85× | 6.58× | ||
| Q3 24 | 2.75× | 4.72× | ||
| Q2 24 | 2.67× | 4.58× | ||
| Q1 24 | 2.61× | 5.33× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-64.6M | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $-70.7M | $-20.6M |
| 自由现金流率自由现金流/营收 | -16.1% | -4.6% |
| 资本支出强度资本支出/营收 | 1.4% | 17.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $54.8M | $-195.6M |
8季度趋势，按日历期对齐
| Q4 25 | — | $58.0M | ||
| Q3 25 | $-64.6M | $34.0M | ||
| Q2 25 | $17.8M | $95.8M | ||
| Q1 25 | $52.7M | $108.9M | ||
| Q4 24 | $80.3M | $-7.2M | ||
| Q3 24 | $4.2M | $101.8M | ||
| Q2 24 | $11.3M | $108.8M | ||
| Q1 24 | $35.1M | $97.2M |
| Q4 25 | — | $-20.6M | ||
| Q3 25 | $-70.7M | $-55.2M | ||
| Q2 25 | $11.5M | $-58.8M | ||
| Q1 25 | $42.4M | $-61.0M | ||
| Q4 24 | $71.7M | $-138.4M | ||
| Q3 24 | $-679.0K | $-14.3M | ||
| Q2 24 | $5.2M | $-4.2M | ||
| Q1 24 | $27.5M | $-25.4M |
| Q4 25 | — | -4.6% | ||
| Q3 25 | -16.1% | -9.9% | ||
| Q2 25 | 2.7% | -10.4% | ||
| Q1 25 | 10.0% | -11.4% | ||
| Q4 24 | 13.0% | -30.6% | ||
| Q3 24 | -0.1% | -2.6% | ||
| Q2 24 | 1.2% | -0.7% | ||
| Q1 24 | 5.8% | -4.2% |
| Q4 25 | — | 17.5% | ||
| Q3 25 | 1.4% | 16.0% | ||
| Q2 25 | 1.5% | 27.2% | ||
| Q1 25 | 2.4% | 31.8% | ||
| Q4 24 | 1.6% | 29.0% | ||
| Q3 24 | 1.0% | 20.8% | ||
| Q2 24 | 1.4% | 19.2% | ||
| Q1 24 | 1.6% | 20.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.98× | ||
| Q2 25 | — | 4.41× | ||
| Q1 25 | 63.17× | 11.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | 2.53× | ||
| Q2 24 | 2.87× | 2.63× | ||
| Q1 24 | — | 2.69× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
