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Dave & Buster's Entertainment: Challenged But Cheap
Seeking Alpha· 2024-08-26 15:27
tupungato Shares of 'catertainment' concern Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) have essentially round-tripped after a 10%% five-month rally to a seven- year high in April 2024. Profit taking followed by a poor 1QFY24 financial report and tepid 2QFY24 update were the culpris, with the quarter blanned on several non- recurring events and a complex macro picture. With a multiproneed approach to achieve Adj. EBITDA of $1 billion in the coming years, discounted valuations, and robust share repurch ...
Dave's Killer Bread Turns Snacking Up to 11 with Nationwide Launch of Amped-Up Organic Protein Bars
Prnewswire· 2024-08-13 13:00
Whole Grains, Plant-Based Protein, and Killer Taste Join Forces to Satisfy Hunger and Boost Energy MILWAUKIE, Ore., Aug. 13, 2024 /PRNewswire/ -- Dave's Killer Bread®, the leading organic bread brand, announces the national launch of its latest snack innovation: Amped-Up Organic Protein Bars. These new graband-go bars combine killer taste, whole grain nutrition, and a just-baked texture with plant-based protein to help kick procrastination to the curb and power through the day. Image Courtesy of Dave's Kill ...
Dave & Buster's: I Had To Buy It At This Price
Seeking Alpha· 2024-08-12 05:36
PaulMcKinnon/iStock Editorial via Getty Images Shares of Dave & Buster's (NASDAQ:PLAY) have been battered, falling 23% in the past year and are down over 50% from their April highs as disappointing 1Q24 results coupled with concerns about soft consumer spending and elevated financial leverage have caused investors to flee the stock. While I don't love Dave & Buster's balance sheet and there is a high likelihood of further weakness in results over the next year if consumers continue to pull back, I think sha ...
Dave(DAVE) - 2024 Q2 - Earnings Call Transcript
2024-08-10 16:19
Dave Inc. (NASDAQ:DAVE) Q2 2024 Earnings Call Transcript August 6, 2024 8:30 AM ET Company Participants Jason Wilk - CEO Kyle Beilman - CFO Conference Call Participants Devin Ryan - Citizens JMP Jeff Cantwell - Seaport Research Jacob Stephan - Lake Street Capital Markets Gary Prestopino - Barrington Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Dave's financial results for the second quarter ended June 30, 2024. Joining us today are Dave's CEO, Mr. Ja ...
Dave(DAVE) - 2024 Q2 - Earnings Call Presentation
2024-08-10 14:24
Dave® 2Q 24 Earnings Presentation August 5, 2024 Disclaimer REGARDING FORWARD-J OOKING STATEMENTS FORWARD-LOOKING STATEMENTS This presentation of Dave Inc. ("Dave" or the "Company") includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "future," "growth," "opportunity," "well-positioned," "forecasts," "intends," "estimates," "seeks," "targe ...
3 Financial Stocks to Sell in August Before They Crash & Burn
Investor Place· 2024-08-07 14:45
The Federal Reserve appears set to begin cutting interest rates in September. In fact, the cuts may be rather aggressive, with some traders starting to bet on 50 rather than 25 basis point cuts to try to support the job market. At first glance, this might seem like good news for financial stocks. After all, the prior rapid increase in interest rates led to unfortunate side effects such as deposit flight and regional bank failures in 2023. So, reversing that could ease some tensions. But interest rate cuts a ...
Dave(DAVE) - 2024 Q2 - Quarterly Report
2024-08-06 20:30
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 June 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: | 001-401 ...
Dave(DAVE) - 2024 Q2 - Quarterly Results
2024-08-06 10:06
Exhibit 99.1 Dave Reports Record Second Quarter 2024 Results Record Q2 Revenue up 31% Y/Y to $80.1 Million; Y/Y Revenue Growth Accelerates for Third Consecutive Quarter Q2 GAAP Net Income Increases $29.0 Million Y/Y to $6.4 Million and Adj. EBITDA Increases $28.3 Million Y/Y to $15.2 Million Dave Raises 2024 Adjusted EBITDA Guidance to $40-$50 Million LOS ANGELES, CA – August 5, 2024 – Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neobanks, today reported its financial resu ...
Dave Issues Statement Regarding CFPB Proposal
Newsfilter· 2024-07-18 23:09
Media Contact Dan Ury press@dave.com "We are closely monitoring the recently proposed interpretive ruling from the CFPB around paycheck advance and earned wage access ("EWA"), a model which Dave was originally founded on, but transitioned away from beginning in 2022 due to a lack of certainty around the regulations," said Jason Wilk, Founder and CEO of Dave. "Dave's ExtraCash product is structured as a bank-originated overdraft with optional fees, which combats the excessive fees found at incumbent banks. A ...
Dave Issues Statement Regarding CFPB Proposal
GlobeNewswire News Room· 2024-07-18 23:09
About Dave Investor Relations Contact Sean Mansouri, CFA Elevate IR DAVE@elevate-ir.com LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neobanks, today issued a statement regarding a proposal from the Consumer Financial Protection Bureau ("CFPB"): Forward-Looking Statements Dave (Nasdaq: DAVE) is a leading U.S. neobank and fintech pioneer serving millions of everyday Americans. Dave uses disruptive technologies to provide best-in ...