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Stock impact report

Dave & Buster's Gets a Bump, but Is the Stock Rally Warranted? [The Motley Fool]

Dave & Buster's Entertainment, Inc. (PLAY) 
Last dave & buster's entertainment, inc. earnings: 4/2 04:33 pm Check Earnings Report
US:NASDAQ Investor Relations: dave.com
Company Research Source: The Motley Fool
Recent stock price movement may be deceiving, with problems persisting. Shares of Dave & Buster's Entertainment ( NASDAQ:PLAY ) are up over 16% as of this writing on the back of better-than-expected first-quarter 2018 results reported June 11. That sentence deserves an asterisk, though, as both same-restaurant sales and entertainment sales declined once again. This is in spite of an overall restaurant industry that is beginning to show signs of recovery, which leaves this chain with some questions in need of answers. What just happened In 2017, Dave & Buster's reported a fourth consecutive year of revenue growth as it continued to expand its number of locations. Foot traffic fell into decline , though, and management had called for more of the same in 2018. Full-year revenue guidance was for $1.20 billion to $1.24 billion, and comparable-store sales down low to mid-single digits. That transpired to kick off the new year. Metric 1st-Quarter 2018 Show less Read more
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