Dave & Buster’s Reports Third Quarter Financial Results; Provides Commentary on Current Expectations for Fiscal Fourth Quarter
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Raymond James Reiterates Strong Buy Rating on Dave & Buster's (PLAY)
December 11, 2020 7:42 AM ESTRaymond James analyst Brian Vaccaro reiterated a Strong Buy rating and $35.00 price target on Dave & Buster's (NASDAQ: PLAY) following the company's 3Q earnings report. Total revenue declined 63.6% y/y to $109.1M ($1M below the model), driven by a comp decline of (66%) (just below down 64%... More
Dave & Buster's Entertainment (PLAY) Tops Q3 EPS by 10c
December 10, 2020 4:06 PM ESTDave & Buster's Entertainment (NASDAQ: PLAY) reported Q3 EPS of ($1.01), $0.10 better than the analyst estimate of ($1.11). Revenue for the quarter came in at $109.1 million versus the consensus estimate of $109.36 million.
Fourth Quarter Business Update
The recent resurgence of COVID cases has resulted in renewed operating limitations imposed by local jurisdictions, several store reclosures, and further delays in the Companys ability to re-open its California and New York stores, which represent approximately 25% of historical annual sales. As... More
