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Stock_Barber

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Re: None

Wednesday, 09/09/2020 3:56:09 PM

Wednesday, September 09, 2020 3:56:09 PM

Post# of 199

Dave & Buster's emphasis on live sports and entertainment implies it was a major impact of the pandemic. There are some early positive signs of a recovery, including an improvement in foot traffic trends from down 79.5% for the week of June 29 to down 68.2% for the week of August 17.

"Is experiential dining back? No.

Could Dave & Buster's be a critical indicator of the sector's return? Yes," he wrote.

Dave & Buster's is scheduled to report second-quarter results Thursday after market close.


Unfortunately, while an improvement, that's still really bad...

I expect that they can weather this, but it'll take a few quarters at least!






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