Jim Cramer highlighted Dave & Buster’s Entertainment on Mad Money, noting the stock has fallen to around $12 ahead of its Monday earnings report. He recalled that the company was taken private 20 years ago by buyers who saw it as undervalued, then brought public again 12 years ago to a successful debut. Cramer said the only reason to pay attention now is the post-earnings conference call, which he described as full of hints about the consumer. Dave & Buster’s last reported quarterly results on June 15, posting non-GAAP earnings per share of $0.22 that missed estimates by $0.44, while revenue fell 1.5% year-over-year to $559.2 million, missing estimates by nearly $19.2 million.
Dave & Buster’s EntertainmentMissed earnings estimates and revenue fell year-over-year, with stock trading near $12 ahead of earnings.