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@ProduceCut309 2 months ago

$PLAY dipped on earnings but the stock popped anyway

$PLAY dipped on earnings but the stock popped anyway

Dave & Buster’s missed across the board this quarter, reporting a net loss of $1.14/share (vs. -$1.04 expected) and revenue down 1.1% YoY to $448.2M (vs. $460M expected). But despite the miss, moved higher after hours as management pushed confidence in their “back-to-basics” turnaround plan. The company says it’s rebuilding marketing, upgrading food and drinks, refreshing the games lineup, and rolling out remodels to boost traffic. Shares are trading around $18.21 after the move. Investors seem willing to give the turnaround a chance, question is, can they actually deliver?

@Blakeinvests 2 months ago

Market’s betting on the turnaround story, not the weak quarter — execution now decides if s bounce lasts