PLAY - Dave & Buster's recommended at William Blair with sales seen almost fully recovering
Dave & Buster's Entertainment (PLAY) is a new addition to the near-term focus list at William Blair just as the dining and entertainment recovery starts to take hold.The firm thinks the chain should recover most of its pre-pandemic sales by the end of this year.“With Dave & Buster’s announcing an impressive sales recovery through the first 11 weeks of its April quarter, we believe the company is poised to recover more than 90% of its pre-pandemic sales by the fourth quarter of this year, with both our calendar 2021 and 2022 top- and bottom-line estimates ahead of the Street."William Blair sees more upside for PLAY even after its 52% YTD run.
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Dave & Buster's recommended at William Blair with sales seen almost fully recovering