PLAY - What's Going On With Dave & Buster's Stock After Earnings? | Benzinga
Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) shares are trading lower Thursday after the company reported worse-than-expected first-quarter financial results.
The Details:
Dave & Buster's reported quarterly sales of $588.1 million, which missed the analyst consensus estimate of $621.26 million. Comparable store sales decreased 5.6% compared with the same calendar period in 2023.
The company reported quarterly earnings of $1.12 per share which missed the analyst consensus estimate of $1.70.
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BMO Capital analyst Andrew Strelzik maintained Dave & Buster’s with an Outperform rating, but lowered the price target from $75 to $65 following the print.
Dave & Buster's Entertainment has grabbed the interest ...