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PLAY News and Press, Dave & Buster's Entertainment Inc. From 10/19/20

Stock Information

Company Name: Dave & Buster's Entertainment Inc.
Stock Symbol: PLAY
Market: NASDAQ
Website: daveandbusters.com

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PLAY - Dave & Buster's Announces Proposed Private Offering of $500 Million of Senior Secured Notes Due 2025 by its Subsidiary Dave & Buster's, Inc.

DALLAS, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that its indirect wholly-owned subsidiary, Dave & Buster's, Inc. (the &#x...

PLAY - Dave & Buster's unveils store reopening updates

Dave & Buster's Entertainment (PLAY) has reopened ~98 of its store and opened one new store driving sales recovery in Q3.Comparable store sales have steadily improved during Q3 improved from -87% in Q2 and -75% in August and -62% in September.  In August, 84 stores were ope...

PLAY - Dave & Buster's Provides Update on Encouraging Business Recovery Trends

DALLAS, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today provided an update on the status of store re-openings and its continued encouraging bus...

PLAY - Buy Ark Restaurants As A Recovery Trade With The Stock Trading At 17% FCF Yield And 6x P/E Based On 2019 Financials

Great "Unlock & Recovery" trade, we see 67% upside, as the stock recovers from being down -50% YTD to pre-crisis levels. The company has a 17% FCF Yield and 6.3x P/E multiple on 2019 actuals. Ark Restaurants has a trailing 2019 8.3% dividend yield, resumption expected next yea...

PLAY - Investors tackle new COVID-19 and stimulus wildcards with Trump hospitalized

The Latest: President Donald Trump is being treated with antiviral drug, Gilead's (GILD) remdesivir at a U.S. military hospital, while campaign manager Bill Stepien and ex-White House adviser Kellyanne Conway have also tested positive.Senators Thom Tillis from North Carolina and Mike Lee...

PLAY - Dave & Buster's: Steve Cohen Takes Advantage Of The WSJ-Induced 26% Sell-Off

The WSJ published a provocative and questionable article on Dave & Buster's after the bell on September 16th. This led to a dramatic 26% sell on heavy volume. After the bell on September 18th, Steve Cohen disclosed a 7.3% stake in shares of Dave & Buster's. On the company'...

PLAY - Why Shares of Dave & Buster's Entertainment Plunged 10% on Monday

Shares of Dave & Buster's Entertainment (NASDAQ: PLAY) fell as much as 10% in trading Monday as investors tried to decipher whether the company was recovering or foundering in today's operating environment. Shares were volatile in the first hour of trading and were down 6.1% at ...

PLAY - Is Dave & Buster's a Buy on the Pullback?

Shares of Dave & Buster's Entertainment (NASDAQ: PLAY) are trading about 9% lower after reporting fiscal second-quarter revenue that was below consensus expectations. The company's top line was down 85% year over year as a result of store closures from COVID-19. While much o...

PLAY - Why You Must Re-evaluate Your Portfolio Now

In this episode of Motley Fool Money , Chris Hill chats with Motley Fool analysts Ron Gross and Jason Moser about the latest headlines from Wall Street. They take a look at some trapped-at-home stocks that are experiencing tailwinds as people stay indoors. They've also got a historic announce...

PLAY - Dave & Buster's Entertainment For Upside: Calling Foul On WSJ Article

Action: Buy here with a long-term PT of ~$28/sh for roughly 100% upside from 9/17/2020 closing price. Investment thesis: Dave & Buster's (PLAY) dropped around 26% on 9/17. The sudden drop in price should not necessarily be viewed as an increase in risk. In fact, after examining the...

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