Dave and Buster’s reports earnings Tuesday March 28th after the close.
Dave & Buster’s has beaten earnings all 9 quarters since its IPO.
Historically Dave & Buster’s beats earnings by 34%.
And the stock goes up 4% on average one week after the company reports earnings.
A lot of companies, like Panera and McDonald’s, are starting to deliver food to their customers. This is to help boost profit margins.
We don’t think Dave & Buster’s (PLAY) will deliver food anytime soon because they make more than 50% of their profits from their games.
If they were to deliver food, they would lose profits from the customers not playing their games.
We are long Dave & Buster’s January 2018 calls.
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