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Dave & Buster's Earnings: Game On, Less Than 3x EBITDA
DAVEDave(DAVE) Seeking Alpha·2024-06-13 11:37

tupungato/iStock Editorial via Getty Images Dave & Buster's (NASDAQ:PLAY) stock dropped 12% premarket as investors didn't appreciate the company missing analyst's estimates. Furthermore, its earnings call lacked focus. This, when combined with a miss on the top line, left investors predisposed towards selling PLAY. A sell first, ask questions later, investment "strategy". However, I maintain that Dave & Buster's comparables will naturally improve starting fiscal Q2, which will overshadow its lackluster and ...