Dave & Buster’s Achieves Q4 Comparable Store Sales Increase of 2.9%
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Dave & Buster's (PLAY) PT Raised to $60 at Wells Fargo
April 3, 2019 9:13 AM EDTWells Fargo analyst Jon Tower raised the price target on Dave & Buster's (NASDAQ: PLAY) to $60.00 (from $59.00) while maintaining a Outperform rating following the company's 4Q earnings report. PLAY reported 4Q18 EPS of $0.75, above the Streets $0.64. The upside was driven by higher revenues,... More
Dave & Buster's (PLAY) PT Raised to $66 at BMO Capital; Guidance Seen as Conservative
April 3, 2019 6:52 AM EDTBMO Capital analyst Andrew Strelzik raised the price target on Dave & Buster's (NASDAQ: PLAY) to $66.00 (from $62.00) while maintaining a Outperform rating following results.
PLAY provided formal FY19 guidance, including EBITDA that was below consensus at the mid-point but is likely to be perceived as conservative.... MoreDave & Buster's Entertainment (PLAY) Tops Q4 EPS by 12c, Revenues Beat, Comp. Sales Up 2.9%; Offers FY19 Revenue Guidance Above Consensus
April 2, 2019 4:09 PM EDTDave & Buster's Entertainment (NASDAQ: PLAY) reported Q4 EPS of $0.75, $0.12 better than the analyst estimate of $0.63. Revenue for the quarter came in at $331.8 million versus the consensus estimate of $323.29 million.
Total revenues increased 8.8% to $331.8 million from $304.9 million, or 15.7% on a comparable 13-week basis*Opened three new stores compared to five new storesComparable store sales increased 2.9% (comparable 13-week basis)Net income of $29.4 million, or $0.75 per diluted share, vs. net income of $35.6 million, or $0.85 per diluted share. Net... More