It’s Time To PLAY With Dave & Buster’s

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ValueWalk

Dave & Busters Surpasses 2019 Results, Shares PopAfter a year of uncertainty, it looks like the Dave & Buster’s Entertainment (NASDAQ:PLAY) recovery is gaining momentum. The company reported revenue total revenue and comps well above the 2019 levels which bring us to an important point. The stock was trading at least 25% above the current levels in 2019 with comp-sales 10% lower and net sales 24% lower. In this light, we can’t help but think the stock is grossly undervalued at these levels and on the way higher. Based on the guidance, we think much higher. Q1 2022 hedge fund letters, conferenc…

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