In a focused presentation at the 2024 Robin Hood Investors Conference, Ricky Sandler, CEO and CIO of Eminence Capital, shared his bold perspective on an unconventional investment opportunity: Dave & Buster’s Entertainment Inc (NASDAQ:PLAY). Highlighting the company’s potential for substantial earnings and EBITDA growth, Sandler underscored why he believes PLAY could be primed for a significant turnaround.
An Undervalued Asset Amidst Market Skepticism
Sandler’s bullish stance on Dave & Buster’s centers on several key performance metrics, positioning the company as an undervalued player with significant growth potential. Trading at just five times EBITDA, the stock offers an attractive valuation compared to its growth prospects. Since 2015, the company has tripled its EBITDA, showcasing its adaptability and operational improvements, even...

