5 Stocks Making Headlines After Financial Results

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In this article, we discuss the 5 stocks making headlines after financial results. If you want to read our detailed analysis of these companies, go directly to the 10 Stocks Making Headlines After Financial Results.

5. Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY)

Number of Hedge Fund Holders: 26

Shares of Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) rose nearly five percent in the pre-market trading session on Wednesday, December 8, 2021, after announcing better-than-expected profit and sales for its fiscal third quarter.

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) reported earnings of 21 cents per share, compared to a loss of $1.01 per share in the year-ago quarter. Revenue for the quarter skyrocketed 191.6 percent versus last year to $318.0 million. The results easily surpassed the consensus forecast of 12 cents per share for earnings and $319.7 million for revenue.

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Comparable store sales for the quarter rose 1.1 percent versus the third quarter of 2019. Looking forward, Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) expects its comparable-store sales to be marginally positive in the fourth quarter versus the same period of 2019.

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