2024-04-12 13:26:41 ET
Shares of Dave & Buster’s Entertainment ( NASDAQ: PLAY ) are in the red for a seventh consecutive day in the wake of the company’s missed Q4 results and downgrade at Piper Sandler . Now Raymond James is also more measured in its outlook for the company, lowering its Q1 estimates on management’s “cautious tone on near-term trends” along with Raymond James’ higher cost re-model assumptions....
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Dave & Buster's facing inflection point amidst softening industry backdrop - analyst