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From June 11th until September 10th, Dave & Buster's Entertainment, Inc. (PLAY) stock has increased by 23.2% while the S&P 500 Restaurant Index increased by 15.7%. This difference between the two (7.5 p.p.) made me wonder if the market was too bearish on the company before June or if it had been too bullish on PLAY after June.
Below Forecasted Store Call Was Correct But Based On Poor Qualitative Information
Five minutes into the 2Q 2020 results conference call, Mr. Brian made the following statement: "recall that our goal was to get 90