Dave & Buster's Entertainment jumps after Q2 profit beat

Dave and Busters Entertainment,

11/09/2024 12:09

** Operator of entertainment and dining venues Dave &
Buster's Entertainment's  PLAY.O  shares surge ~12.2% to $33.5
premarket
    ** After market close on Tuesday, PLAY reported
better-than-expected Q2 adjusted profit, boosted by latest menu
rollout
    ** Co posted Q2 adjusted profit of $1.12 per share, handily
surpassing estimates of 84 cents per share - LSEG data
    ** Q2 revenue of $557.1 mln vs 542.1 mln a year ago
    ** 6 of 9 analysts rate the stock "buy" or higher, 3 "hold";
their median PT is $57
    ** Stock down nearly 45% YTD

 (Reporting by Prakhar Srivastava in Bengaluru)
 ((Prakhar.Srivastava2@thomsonreuters.com;))