PHILADELPHIA, Oct. 02, 2025 (GLOBE NEWSWIRE) -- National plaintiffs’ law firm Berger Montague PC announces a class action lawsuit against Sina Corporation (Other: SINA) (“Sina” or the “Company”) on behalf of investors who sold Sina shares, including those that sold into Sina’s go-private merger, during the period from October 13, 2020 through March 22, 2021 (the “Class Period”). Investor Deadline: Investors who sold SINA securities during the Class Period may, no later than November 18, 2025, seek to be app ...

Core Insights - Dave & Buster's Entertainment, Inc. reported lower-than-expected second-quarter fiscal 2025 results, with earnings and revenues missing the Zacks Consensus Estimate, leading to a 16.6% drop in shares during after-hours trading [1][4][9] Financial Performance - Adjusted earnings per share (EPS) for the fiscal second quarter were 40 cents, missing the consensus estimate of 88 cents and down from $1.12 in the prior year [4][9] - Quarterly revenues totaled $557.4 million, slightly up 0.5% year-over-year but below the consensus mark of $562 million [4][9] - Operating income was $53 million, down from $84.5 million in the year-ago quarter, with adjusted EBITDA at $129.8 million compared to $151.6 million previously [7][9] Revenue Breakdown - Food and Beverage revenues, accounting for 34.6% of total revenues, increased 6.3% year-over-year to $192.9 million, exceeding estimates [5] - Entertainment revenues, making up 65.4% of total revenues, fell 3% year-over-year to $364.5 million, missing estimates [5] Comparable Store Sales - Comparable store sales, including Main Event-branded locations, declined 3% year-over-year, with sales trends in the third quarter following the same direction as the second quarter [6] Management Outlook - Management expressed confidence in the company's long-term potential despite the fiscal second-quarter results, highlighting profitable business models and expected high returns from new store openings [2][3] - Targeted initiatives such as menu innovation, new arcade titles, and remodel programs are showing early progress, with management cautiously optimistic about stabilizing performance and driving long-term shareholder value [3] Store Development - During the fiscal second quarter, the company opened three new domestic stores and one additional store post-quarter, along with two Main Event stores [10] - The company launched its second franchise store in India and plans to open at least five more international franchise stores within the next six months [11] Balance Sheet - As of August 5, 2025, cash and cash equivalents were $12 million, up from $6.9 million in February 2025, while net long-term debt increased to approximately $1.55 billion [8]

Core Insights - Dave & Buster's reported revenue of $557.4 million for the quarter ended July 2025, reflecting a slight increase of 0.1% year-over-year, but fell short of the Zacks Consensus Estimate by -0.81% [1] - The company's EPS was $0.40, significantly down from $1.12 in the same quarter last year, resulting in an EPS surprise of -54.55% compared to the consensus estimate of $0.88 [1] Financial Performance Metrics - Comparable Store Sales decreased by 3%, which was worse than the six-analyst average estimate of -2.6% [4] - The total number of stores at the end of the period remained at 237, aligning with the average estimate [4] - Company-owned stores for Dave & Buster's totaled 177, slightly above the four-analyst average estimate of 176 [4] - Entertainment revenues were reported at $364.5 million, below the six-analyst average estimate of $376.8 million, marking a year-over-year decline of 3% [4] - Food and beverage revenues increased to $192.9 million, surpassing the average estimate of $185.1 million, representing a year-over-year growth of 6.3% [4] Stock Performance - Over the past month, shares of Dave & Buster's have returned -7.6%, contrasting with the Zacks S&P 500 composite's increase of +2.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Insights - The upcoming earnings report for Dave & Buster's (PLAY) is anticipated to show quarterly earnings of $0.88 per share, reflecting a decline of 21.4% year-over-year, while revenues are forecasted to be $561.95 million, indicating a slight increase of 0.9% compared to the previous year [1] - Over the last 30 days, the consensus EPS estimate has been revised downward by 4.6%, highlighting a collective reassessment by analysts [1][2] Revenue Estimates - Analysts project 'Entertainment revenues' to reach $376.80 million, representing a year-over-year change of +0.3% [4] - The consensus estimate for 'Food and beverage revenues' is $185.10 million, indicating a +2% change from the same quarter last year [4] Store Count and Market Performance - The estimated 'Stores Count - End of Period' is expected to be 237, up from 224 in the previous year [4] - Dave & Buster's shares have decreased by 13.9% over the past month, contrasting with the Zacks S&P 500 composite's increase of 1.9% [4]

US-based retailer Walmart has announced plans to launch its first branded stores in South Africa in the fourth quarter of 2025. The stores will offer affordable groceries, entertainment, and family and home essentials, including global brands. Development of the stores is underway, with official opening dates expected to be announced in October. The move is part of Walmart’s strategy to provide “high-quality, affordable merchandise” to a broader customer base. The announcement follows Walmart's first G ...

Core Viewpoint - Analysts project that Best Buy (BBY) will report quarterly earnings of $1.22 per share, reflecting a 9% decline year over year, with revenues expected to reach $9.21 billion, a decrease of 0.9% from the same quarter last year [1] Revenue Projections - Revenue by Product Category - Domestic - Computing and Mobile Phones is estimated at $3.70 billion, indicating a year-over-year decline of 2.4% [4] - Revenue by Product Category - Domestic - Consumer Electronics is projected to reach $2.49 billion, showing a slight increase of 0.5% year over year [4] - Revenue by Product Category - Domestic - Appliances is expected to be $1.14 billion, reflecting a decline of 3.5% year over year [5] - Revenue by Product Category - Domestic - Entertainment is forecasted at $510.10 million, indicating a year-over-year increase of 2.4% [5] - Geographic Revenue - Domestic is projected to be $8.53 billion, a decrease of 1% year over year [5] - Geographic Revenue - International is estimated at $661.22 million, suggesting a decline of 0.6% year over year [6] Store Metrics - The total number of Domestic stores is expected to be 949, down from 959 in the same quarter last year [6] - The number of Domestic Best Buy stores is projected to reach 883, compared to 890 in the same quarter of the previous year [7] - The number of Domestic Pacific Sales stores is estimated to remain at 20, unchanged from the previous year [7] - The number of International Canada Best Buy stores is expected to be 128, down from 129 in the same quarter last year [8] - The number of International Canada Best Buy Mobile Stand-Alone stores is projected to be 29, down from 32 in the previous year [8] - The average prediction for the total number of International stores is 157, compared to 161 in the same quarter last year [9] Market Performance - Best Buy shares have shown a return of +11.8% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [9]

Core Viewpoint - Hasbro's recent earnings report shows a mixed performance with a decline in revenues but an increase in earnings, leading to raised full-year guidance despite macroeconomic challenges [2][3][10]. Financial Performance - In Q2 fiscal 2025, Hasbro reported adjusted EPS of $1.3, exceeding the Zacks Consensus Estimate of 78 cents, and up from $1.22 in the prior year [4]. - Net revenues were $980.8 million, beating the consensus mark of $877.3 million, but down 1% from $995.3 million in the previous year [4]. - Adjusted EBITDA was $302 million, compared to $313.5 million a year ago [7]. Segment Performance - Consumer Products segment revenues decreased 16% year over year to $442.4 million, although it beat expectations due to strong licensing revenues [5]. - The Wizards of the Coast and Digital Gaming segment saw revenues increase by 16% to $522.4 million, with an adjusted operating margin of 46.3% [6]. - The Entertainment segment's revenues fell 15% to $16 million, with an adjusted operating margin of 63.1% [6]. Guidance and Outlook - Hasbro raised its full-year revenue guidance, now expecting mid-single-digit growth on a constant currency basis, up from slight growth expectations [10]. - Adjusted operating margin is now anticipated to be between 22% and 23%, and adjusted EBITDA is expected to be in the range of $1.17-$1.2 billion, an increase from prior estimates [10]. Balance Sheet Highlights - As of June 29, 2025, cash and cash equivalents were $546.9 million, down from $626.8 million a year ago, while inventories increased to $417.1 million from $357.6 million [9]. - Long-term debt decreased to $3.32 billion from $3.46 billion year over year [9]. Market Sentiment - Estimates for Hasbro have trended upward recently, contributing to a Zacks Rank of 1 (Strong Buy), indicating expectations for above-average returns in the coming months [11][13].

Group 1: Investment Opportunities - Investing in stocks with long-term growth potential, particularly in artificial intelligence (AI), is recommended for maximizing a $5,000 investment [1] - Stocks that are undervalued and trading at cheap valuations can offer significant returns [1] Group 2: Taiwan Semiconductor Manufacturing (TSMC) - TSMC is a leading player in the chipmaking industry, responsible for 90% of advanced chips, including those for AI [4] - The company reported sales of $25.5 billion in the first three months of the year, a 35% year-over-year increase, with profit margins around 40% [5] - TSMC's stock trades at less than 23 times its future earnings, which is considered a cheap valuation compared to the average S&P 500 stock [6] - Given its growth potential due to AI, TSMC is viewed as a strong investment opportunity [7] Group 3: Alibaba Group Holding - Alibaba is a major tech company in China with diverse operations in cloud computing, e-commerce, digital media, and entertainment [8] - The company reported a revenue increase of 7% to $32.6 billion in the first three months of 2025, with cloud computing growing by 18% and international digital commerce by 22% [9] - AI has significantly accelerated Alibaba's growth, with revenue related to AI growing by triple digits for seven consecutive quarters [10] - The stock has a forward P/E multiple of less than 12, indicating it is cheaper than TSMC and has room for further growth [11] Group 4: Dell Technologies - Dell Technologies is experiencing growth due to high demand for AI-optimized servers, despite a modest overall revenue increase of 5% to $23.4 billion [13] - The servers and networking segment saw a 16% increase, totaling $6.3 billion, with projected AI system sales of about $15 billion for the current year [13] - The consumer side of the business faced a 19% revenue drop, but AI-powered PCs may present future growth opportunities [14] - Dell's stock trades at a forward P/E of less than 13, making it another attractive investment option for long-term growth [15]

Core Insights - Dave & Buster's Entertainment, Inc. reported first-quarter fiscal 2025 results with earnings missing expectations and revenues beating them, both metrics showing a year-over-year decline [1][4]. Financial Performance - Adjusted earnings per share (EPS) for the fiscal first quarter were 76 cents, missing the Zacks Consensus Estimate of 96 cents, down from $1.12 in the prior year [4][10]. - Quarterly revenues totaled $567.7 million, exceeding the consensus mark of $564 million but declining 3.5% from $588.1 million in the previous year [4][10]. - Food and Beverage revenues, accounting for 35.4% of total revenues, decreased 0.6% year over year to $201.1 million [5]. - Entertainment revenues, making up 64.6% of total revenues, fell 5% year over year to $366.6 million [5]. Comparable Store Sales - Comparable store sales, including Main Event-branded locations, declined 8.3% year over year, but showed improvement sequentially, with a decline of 2.2% year over year through June 2, 2025 [6][10]. Operating Highlights - Operating income for the quarter was $63.2 million, down from $85.5 million in the prior year, with an operating margin contracting to 11.1% from 14.5% [7]. - Adjusted EBITDA was $136.1 million compared to $159.1 million in the year-earlier quarter, with the EBITDA margin declining to 24% from 27.1% [8]. Balance Sheet - As of May 5, 2025, cash and cash equivalents were $11.9 million, up from $6.9 million as of February 4, 2025 [9]. - Net long-term debt was approximately $1.57 billion, an increase from $1.48 billion at the end of fiscal 2024 [9]. - The company maintains available liquidity of $423.2 million, including its revolving credit facility [9]. Store Development - During the fiscal first quarter, the company opened two new stores and completed one store relocation, with two additional stores opened since quarter-end and 13 remodels completed [11].

Core Viewpoint - Wall Street analysts anticipate a decline in quarterly earnings and revenues for Dave & Buster's, reflecting a downward trend in performance compared to the previous year [1][4]. Earnings Estimates - Analysts expect Dave & Buster's to report earnings of $1.05 per share, representing a year-over-year decline of 6.3% [1]. - Revenue projections stand at $569.26 million, down 3.2% from the same quarter last year [1]. - The consensus EPS estimate has been revised upward by 2.4% over the past 30 days, indicating a reappraisal of initial projections by analysts [1]. Revenue Breakdown - 'Entertainment revenues' are forecasted to reach $374.14 million, reflecting a decrease of 3% from the prior-year quarter [4]. - 'Food and beverage revenues' are expected to total $195.08 million, indicating a decline of 3.6% from the previous year [4]. - The 'Stores Count - End of Period' is projected to be 234, an increase from 224 in the prior year [4]. Stock Performance - Over the past month, Dave & Buster's shares have increased by 12.9%, outperforming the Zacks S&P 500 composite, which saw a 5.2% change [5]. - The company holds a Zacks Rank of 3 (Hold), suggesting that its performance is likely to align with the overall market in the near future [5].