BMO Capital is Talking About These 3 Restaurant Stocks

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In the article, we will discuss the three restaurant stocks BMO Capital Markets is talking about in its recent report about the restaurant sector. To read the detailed analysis of the firm and its recent report, go directly to BMO Capital is Talking About These 6 Restaurant Stocks.

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

Number of Hedge Fund Holders: 31

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is a Dallas-based full-service restaurant and a video arcade. The company has over 140 locations in the United States and two in Canada. Andrew Strelzik released his latest report on the company on September 19, where he maintained a Buy rating on the company shares with a $66 price target.

On September 14, Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) announced that it plans to open 11 new units across the Kingdom of Saudi Arabia, the United Arab Emirates, and Egypt. The company partnered with Abdul Mohsen Al Hokair Holding Group to add these units to its portfolio and to develop the company brand across West Asia.

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) released its latest quarterly earnings report on September 7, posting a GAAP EPS of $0.59, missing the estimates by $.045. The revenue of $468.36 million was up 24% on a YoY basis and outperformed the forecasts by $35.44 million. 

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