UBS analyst Dennis Geiger maintained Dave & Buster's with a Neutral rating and raised the price target from $60 to $66, and Truist Securities maintained its Buy rating and raised the price target from $75 to $78 following the print. According to data from Benzinga Pro, 17.73% of available shares are being sold short which can contribute to large price moves when combined with high trading volume.
Shares of Cal-Maine Foods, Inc. (NASDAQ: CALM) rose sharply in today’s pre-market trading after the company reported upbeat results for its fourth quarter.
Gloom persists on Wall Street as stock futures point to a sluggish start on Wednesday, with the tech space potentially pressured by recent setbacks and the earthquake in Taiwan, home to several tech in
Dave & Buster's reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.10 by 6.36%. Quarterly sales came in at $599.1 million, just under the analyst consensus estimate of $602.609 million. Dave & Buster's reported pro forma combined comparable store sales (including Main Event branded stores) decreased 7% year-over-year and increased 8% when compared to the same period in 2019. The company repurchased 8.5 million shares totaling $300 million and representing 17.5% of outstanding shares during fiscal 2023.