Dave & Buster's (PLAY) PT Lowered to $72 at Canaccord Genuity on 2Q Report; 'New Store Performance Exceeding Expectations... Comps Slow'
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Dave & Buster's (PLAY) PT Lowered to $70 at BMO Capital on 2Q; 'Near-Term Concerns Create Opportunity to Capitalize on L-T Potential'
September 6, 2017 10:16 AM EDTBMO Capital lowered its price target on Dave & Buster's (NASDAQ: PLAY) to $70.00 (from $72.00) while maintaining a Outperform rating, following the company's second quarter.
Analyst Andrew Strelzik notes the company delivered second quarter earnings per share above consensus projections fueled by lower tax... More
Dave & Buster's Entertainment (PLAY): SSS Soften As Expected - Wells Fargo
September 6, 2017 7:21 AM EDTWells Fargo analyst, Jeff Farmer, reiterated his Outperform rating on shares of Dave & Buster's (NASDAQ: PLAY) and cut his price target to $71 from $78 after the company reported F2Q EPS of $0.75, substantially ahead of the $0.56 Street EPS estimate but excluding a $0.04 litigation expense and... More
Dave & Buster's Entertainment (PLAY) Tops Q2 EPS by 2c, Miss on Revenues; Offers FY Revenue Outlook Below Consensus
September 5, 2017 4:08 PM EDTDave & Buster's Entertainment (NASDAQ: PLAY) reported Q2 EPS of $0.59, $0.02 better than the analyst estimate of $0.57. Revenue for the quarter came in at $280.8 million versus the consensus estimate of $281.95 million.
Financial Outlook
We are updating our financial outlook on several key metrics for fiscal 2017, which includes 53 weeks and ends on February 4, 2018:
Total revenues of $1.160 billion to $1.170 billionComparable store sales increase of 1% to 2% (on a comparable 52-week basis) (vs. 2% to 3% previously)14 new stores (vs. 12 new stores previously)Pre-opening expenses of approximately $21 millionNet income of $109 million to $113 million (vs. $107 million to $111 million... More