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Dave & Buster's Stock Slides on Larger Loss Than Expected, CEO Departure
Investopedia· 2024-12-11 13:05
Key TakeawaysShares of Dave & Buster's sank Wednesday morning after the company reported lower sales and a larger net loss than expected for the third quarter.CFO Darin Harper said severe weather and remodeling construction negatively impacted the company's results.The restaurant and arcade operator also announced the resignation of CEO Chris Morris, and said it has been working on a succession plan in recent months. Dave & Buster's (PLAY) stock started Wednesday morning lower after the company posted a lar ...
Dave & Buster's Q3 Earnings & Revenues Miss Estimates, Stock Down
ZACKS· 2024-12-11 12:21
Dave & Buster's Entertainment, Inc. (PLAY) reported tepid third-quarter fiscal 2024 results, with earnings and revenues missing their respective Zacks Consensus Estimate. Both metrics declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company's third-quarter performance (traditionally its lowest seasonal volume period) faced challenges compared to the previous year due to a fiscal calendar mismatch, unfavorable weather in key regions, disruptions ...
Here's Why Dave Inc. (DAVE) is a Great Momentum Stock to Buy
ZACKS· 2024-12-04 18:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Bull of the Day: Dave (DAVE)
ZACKS· 2024-11-27 13:01
There have been several stocks that have doubled in short order following Election Day. The risk-on behavior the broad market has seen is beginning to call upon those animal spirits in all of us. The worry now for investors is, how long can these moves last? One stock that’s doubled up in short order is today’s Bull of the Day.I’m talking about Zacks Rank #1 (Strong Buy) Dave ((DAVE) ). Dave Inc., founded in 2015 and headquartered in Los Angeles, California, is a financial technology company offering a suit ...
Dave & Buster's Entertainment, Inc. to Report Third Quarter 2024 Financial Results on December 10, 2024
GlobeNewswire News Room· 2024-11-26 21:05
DALLAS, Nov. 26, 2024 (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 it will report financial results for its third quarter ended November 5, 2024 after the market closes on Tuesday, December 10, 2024. Management will host a conference call to report these results on Tuesday, December 10, 2024, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). A live and archived we ...
Surging Earnings Estimates Signal Upside for DAVE INC (DAVE) Stock
ZACKS· 2024-11-21 18:21
Dave Inc. (DAVE) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ear ...
Here's Why Momentum in DAVE INC (DAVE) Should Keep going
ZACKS· 2024-11-21 14:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
Dave Appoints Kevin Frisch as Chief Marketing Officer
GlobeNewswire News Room· 2024-11-19 21:05
LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE), one of the nation’s leading neobanks, announced today that Kevin Frisch has been appointed Chief Marketing Officer. In this role, Frisch will lead all facets of Dave's marketing strategy, including brand, content, product marketing, acquisition, cross-sell, retention, and overall go-to-market. Frisch brings a wealth of experience in delivering transformative marketing strategies that drive team empowerment and performance, enhance cust ...
Dave(DAVE) - 2024 Q3 - Earnings Call Transcript
2024-11-16 02:02
Dave Inc. (NASDAQ:DAVE) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Jason Wilk - CEO Kyle Beilman - CFO Conference Call Participants Devin Ryan - Citizens JMP Harold Goetsch - B. Riley Securities Jacob Stephan - Lake Street Capital Markets Mark Palmer - The Benchmark Company Gary Prestopino - Barrington Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Dave's Financial Results for the Third Quarter Ended September ...
Dave(DAVE) - 2024 Q3 - Quarterly Report
2024-11-12 21:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to _______ Commission file number: 001-40161 DAVE INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-1481509 (State or other jurisdic ...