PLAY

Dave & Buster's Entertainment Inc

Consumer


Presented:05/17/2017
Price:$65.79
Cap:$2.85B
Current Price:$35.33
Cap:$1.39B

Presented

Date05/17/2017
Price$65.79
Market Cap$2.85B
Ent Value$2.62B
P/E Ratio31.33x
Book Value$10.41
Div Yield0%
Shares O/S43.37M
Ave Daily Vol746,172
Short IntN/A

Current

Price$35.33
Market Cap$1.39B
Dave & Buster's Entertainment, Inc. is an owner and operator of entertainment and dining venues under the name Dave & Buster's. Its concept is to offer its customers the opportunity to Eat Drink Play all in one location, through a full menu of casual dining food items and a full selection of non-alcoholic and alcoholic beverage items together with an extensive assortment of entertainment attractions, including skill and sports-oriented redemption games, video games, interactive simulators and other traditional games. The company was founded by David O. Corriveau and James W. Corley in 1982 and is headquartered in Dallas, TX.

Publicly traded companies mentioned herein: Ardent Leisure Group (AAD AU), Dave & Buster’s Entertainment Inc (PLAY)

Highlights

The presenter is short shares of Dave & Buster’s (PLAY), highlighting increased competition that will likely lead to continued declines in traffic and margin compression. In addition, he states there are certain accounting issues that could be concealing a more dramatic decline in comps than is commonly understood. He believes PLAY shares could decline by 30% - 35% over the next 12 – 18 months.

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Idea Discussion

Commentor 1 - 2 weeks ago

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