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Flush With Fresh Cash, Is Dave & Buster's Entertainment a Buy?

Nicholas Rossolillo, The Motley Fool
·5-min read
Flush With Fresh Cash, Is Dave & Buster's Entertainment a Buy?

Beleaguered Dave & Buster's Entertainment (NASDAQ: PLAY) stock has dropped over 70% year to date, down in the dumps and seemingly banished there for good as the entertainment venue, sports bar, and restaurant concept remains temporarily closed. The lockdowns intended to slow the spread of the COVID-19 pandemic have brought on financial ruin for many businesses in the restaurant and entertainment industries, but as I discussed last month, D&B was especially at risk with a rising burden of debt, dwindling cash, and profit margins headed in the wrong direction leading up to the crisis. The economy is beginning to open back up, which could mean D&B may be able to start generating some revenue again.

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