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Fly News Breaks for September 6, 2017
PLAY
Sep 6, 2017 | 08:16 EDT
After Dave & Buster's reported higher than expected Q2 EPS but lowered its comp sales outlook, BMO Capital analyst AndrewStrelzik says that the company's "underlying margins" rose, while its overall comp growth remained positive and its amusements comp growth came in at "nearly 5%." The analyst estimates that the company's core EBITDA has declined by only $1M-$2M, and he recommends buying the shares on weakness.
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