GmmaTech

Dave and Buster's Entertainment (PLAY) stock: reasons to be bull

NASDAQ:PLAY   Dave & Buster's Entertainment, Inc
Dave & Buster's Entertainment, Inc. (PLAY) shares are trading at $57.19. The company is announcing its quarterly earnings on Friday, September 14, before the market opens. What's driving PLAY stock price? What's PLAY stock price forecast, and what should investors know about Dave & Buster's?

Dave & Buster’s Entertainment currently operates 110 stores in 37 states, Puerto Rico , and Canada. The revenue mix includes amusement (57% of first-quarter sales for the fiscal year 2018) and food & beverage (43%).

The company’s revenue grew 9.2% to $332.2 million and earnings per share were $1.04 compared to $0.98 for the same quarter last year. The stock jumped 17% after the last quarter's results were announced. The bulls are enthusiastic about the stock due to strong revenue growth and a positive customer feedback on Jurassic-World virtual reality game. The bears worry that the margins could decline with increasing competition and operating costs...

https://www.finstead.com/bite/Dave-and-B...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.