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home / news releases / PLAY - Dave & Buster's Earnings: Game On Less Than 3x EBITDA

PLAY - Dave & Buster's Earnings: Game On Less Than 3x EBITDA

Dave & Buster's Entertainment Inc.

2024-06-13 07:37:30 ET

Summary

  • Dave & Buster's stock dropped 12% premarket due to missed analyst estimates and unclear strategy, leading to a sell-off.
  • Despite recent setbacks, PLAY comparables are expected to improve starting fiscal Q2, with potential for share price growth.
  • The company's focus on enhanced marketing, game pricing, and promotions, along with new store openings, loyalty growth, and cost-saving initiatives, positions it for a turnaround.

Investment Thesis

Dave & Buster's ( PLAY ) stock dropped 12% premarket as investors didn't appreciate the company missing analyst's estimates....

For further details see:

Dave & Buster's Earnings: Game On, Less Than 3x EBITDA
Stock Information
Company Name: Dave & Buster's Entertainment Inc.
Stock Symbol: PLAY
Market: NASDAQ
Website: daveandbusters.com
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