Dave & Buster's Entertainment, Inc. - Common Stock (PLAY)
21.14
+1.84 (9.51%)
Dave & Buster's Entertainment is a leading operator of entertainment and dining venues that combine a family-friendly atmosphere with a full-service restaurant and a video arcade
The company offers a unique experience where guests can enjoy a wide range of delicious food and beverages while engaging in a variety of interactive games and entertainment options. With a focus on providing a fun and exciting environment for guests of all ages, Dave & Buster's creates a lively destination for celebrations, gatherings, and leisure activities.
What a brutal six months it’s been for Dave & Buster's. The stock has dropped 36% and now trades at $19.30, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
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Dave & Buster's is a quality restaurant that is struggling to gain traction. The CEO's departure raises questions about execution that may soon be answered.
Arcade company Dave & Buster’s (NASDAQPLAY) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 3% year on year to $453 million. Its non-GAAP loss of $0.45 per share was 23.8% below analysts’ consensus estimates.
Dave & Buster's Entertainment Inc (NASDAQPLAY) shares are trading lower Wednesday after the company reported worse-than-expected financial results for the third quarter and announced a CEO transition. Multiple analysts downgraded the stock following the print.
