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Actionable news in PLAY: DAVE & BUSTER'S ENTERTAINMENT Inc,

Dave & Buster's Playtime Is Pay Time for Investors

The unique mix of food and entertainment is working for Dave & Buster's (PLAY) and its shareholders. The company posted strong first-quarter results, raising guidance for the year, despite tough industry conditions.

The company also announced its board has authorized a $100 million share repurchase program. News of the quarterly results sent shares skyrocketing, up about 10% Wednesday's to close at $46.15.

Even with the solid quarter in the books, BMO Capital Markets analysts still view the stock as undervalued, adding that they "would not be surprised if there were additional upside...


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