Dave And Buster’s Is Poised To Bust Open

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Dave and Buster’s (PLAY) is set to release earnings after the market closes on Tuesday, June 6th. The Estimize community has a bullish outlook on PLAY, with an EPS consensus of .82 which is more optimistic than the Street’s .80. As far as revenue goes, the Estimize community comes in at $299.96M compared to $299.90M from the Street.

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Dave and Buster’s continues to open new locations, most recently the New Orleans location which is a 40,000 square foot paradise for drinkers, gamers, and foodies. This is in conjunction with two other locations one in Myrtle Beach South Carolina and one in Alpharetta, Georgia . The push to make Dave and Buster’s a household name should only continue with the appointment of former President and CEO of Hard Rock Cafe, Hamish Dodds to the Board of Directors. Dave and Buster’s currently stand at an Outperform rating from Wells Fargo with a price target of $75, from an initial $65.50.

Disclosure: There can be no assurance that the information we considered is accurate or complete, nor can there be any assurance that our assumptions are correct.

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