Puttery Chicago Now Accepting Event Bookings, Job Applications in Preparation for Grand Opening
- CHICAGO--(BUSINESS WIRE)--Drive Shack Inc. (DSI) (the “Company”) (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, is preparing for Puttery Chicago's upcoming grand opening by announcing they are accepting events for 9+ guests, and positions are still open for hospitality professionals looking to start a dynamic career with a growing entertainment company. With numerous private spaces, AV-equipped rooms, and dedicated catering services, Puttery Chicag
- 08/29/2022
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Puttery Houston Now Accepting Event Bookings, Job Applications in Preparation for Grand Opening
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. (DSI) (the “Company”) (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, is preparing for the imminent grand opening of Puttery Houston by announcing they are accepting events for 9+ guests, and positions are still open for hospitality professionals looking to start a dynamic career with a growing entertainment company. With numerous private spaces, AV-equipped rooms, and dedicated catering services, Puttery Ho
- 08/16/2022
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Drive Shack Inc. (DS) CEO Hana Khouri on Q2 2022 Results - Earnings Call Transcript
- Drive Shack Inc. (NYSE:DS ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Kelley Buchhorn - CFO Hana Khouri - President and CEO Conference Call Participants Peter Saleh - BTIG Alex Fuhrman - Craig-Hallum Edward Reily - EF Hutton Operator Good morning. My name is Gretchen, and I will be your conference operator today.
- 08/09/2022
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Drive Shack Inc. Continues Nationwide Expansion, Brings Puttery to the Twin Cities
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. (the “Company”) (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced it will bring Puttery, its innovative competitive socializing and entertainment golf experience, to Minneapolis. Puttery Minneapolis will be located between the North Loop and Central Business District in one of the city's fastest-growing neighborhoods. This vibrant area is renowned for its converted 19th and 20th century warehou
- 08/09/2022
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Drive Shack Inc. Announces Second Quarter 2022 Financial Results and Preferred Stock Dividends for Third Quarter 2022
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. (the “Company”) (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the three and six months ended June 30, 2022. “Our sales results this quarter reflect the strong momentum we continue to see across our entire brand portfolio. We have a solid foundation in our core businesses with our Drive Shack venues and American Golf courses and each continues to deliver exceptional results,” said Drive Shack Inc.’s President and Chief Executive Officer Hana Khouri. “Event revenue was up significantly this quarter at over $10 million higher than last year’s second quarter. We have seen the demand for future events across both the corporate and social categories continue to rise, which will translate into strong revenue results in the back half of this year.” Khouri continued, “Puttery delivered another quarter of great results, with walk-in revenue trending well ahead of our expectations. Our newest Puttery opened on June 21st in Washington D.C.’s Penn Quarter and while they are still in their initial stages of operations, their key metrics are aligning closely to those in The Colony and Charlotte. Puttery Houston is planned to open next month and Chicago will follow shortly thereafter. We are gaining clear proof of concept with our Puttery brand, and we are confident it presents the best path-forward for growth and profitability for the foreseeable future.” Second Quarter 2022 Financial Highlights Total revenue for the second quarter 2022 was $86.7 million, an increase of $12.8 million or 17.3%, compared to $73.9 million in the same period last year. The Company’s entertainment golf business, comprised of both Drive Shack and Puttery venues, generated total revenue of $15.7 million in the second quarter 2022, an increase of $4.1 million, or 35.6% compared to $11.6 million in the second quarter 2021. Total revenue at the Company’s four Drive Shack venues totaled $11.2 million in the second quarter this year compared to $11.6 million in the same period last year. While slightly down to last year, the four Drive Shack venues drove a strong events business with $3.2 million in total event revenue this quarter, up $1.6 million or 106% versus the second quarter last year. Additionally, the Company’s three Puttery venues generated total revenue of $4.5 million in the second quarter this year, which included $1.0 million in total event revenue. As a reminder, the Company debuted its first Puttery venue in The Colony, Texas in September 2021, followed by its second venue in Charlotte, North Carolina in mid-December 2021 and most recently its third venue in Washington D.C. which opened in late June 2022. For the second quarter 2022, the Company’s traditional golf business, American Golf, generated total revenue of $70.8 million, an increase of $8.5 million or 13.6% compared to total revenue of $62.3 million in the second quarter 2021. Total revenue included $15.2 million of managed course expense reimbursements in the second quarter this year compared to $12.9 million in the second quarter last year. The increase in total revenue was primarily due to higher event sales this year of $9.5 million, up $7.2 million or 311% versus the same period last year. Operating loss for the second quarter 2022 was ($6.4) million compared to operating income of $1.1 million for the second quarter 2021. The change to last year was primarily due to increased pre-opening costs for new Puttery venues, strategic investments in headcount and other related expenses to support the development and growth in Puttery and the loss on lease termination following the Company’s decision to fully exit its Drive Shack New Orleans lease. Consolidated net loss was ($9.6) million for the second quarter this year compared to consolidated net loss of ($2.0) million in the same period last year. Adjusted EBITDA was $4.6 million for second quarter 2022 compared to Adjusted EBITDA of $7.7 million for second quarter 2021.1 The change to last year was primarily related to the strategic investments in headcount and other related expenses to support the development and growth in Puttery. As of June 30, 2022, the Company had cash and cash equivalents of $22.7 million compared to $58.3 million as of December 31, 2021. The decrease was primarily due to capital expenditures associated with the development of future Puttery venues. Summary Financial Results (unaudited) Three and Six Months Ended June 30, 2022 compared to the Three and Six Months Ended June 30, 2021 ($ in thousands, except for per share data): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Total revenues $86,689 $73,879 $155,671 $134,971 Operating Income (Loss) ($6,361) $1,053 ($24,755) ($6,822) Consolidated Net Income (Loss) ($9,567) ($1,969) ($28,482) ($12,873) Loss applicable to common stockholders ($10,828) ($3,364) ($31,191) ($15,663) Loss applicable to common stock, per share Basic ($0.12) ($0.04) ($0.34) ($0.18) Diluted ($0.12) ($0.04) ($0.34) ($0.18) Adjusted EBITDA1 $4,584 $7,719 $5,601 $10,450 1 Adjusted EBITDA is a non-GAAP financial measure. For definitions and reconciliations of non-GAAP results please refer to the exhibit to this press release. Preferred Stock Dividends The Board of Directors of the Company declared dividends on the Company’s preferred stock for the period beginning August 1, 2022 and ending October 31, 2022. The dividends are payable on October 31, 2022, to holders of record of preferred stock on October 3, 2022, in an amount equal to $0.609375, $0.503125 and $0.523438 per share on the 9.750% Series B, 8.050% Series C and 8.375% Series D preferred stock, respectively. 2022 Second Quarter Earnings Conference Call Details Management will host a live conference call to discuss the Company’s 2022 second quarter results today starting at 9:00 a.m. Eastern Time. A simultaneous webcast of the conference call will be available to the public on a listen-only basis on the Company’s investor relations website at https://ir.driveshack.com, along with the supplemental slide presentation. The conference call may be accessed by dialing 1-800-343-5172 (from within the U.S.) or 1-203-518-9848 (from outside of the U.S.) ten minutes prior to the scheduled start of the call and referencing conference ID “DSQ222.” A telephonic replay of the conference call will be available after 12:00 p.m. Eastern Time starting today through 11:59 p.m. Eastern Time on Tuesday, August 16, 2022, and may be accessed by dialing 1-800-945-0804 (from within the U.S.) or 1-402-220-0667 (from outside of the U.S.). Additional Information For additional information that management believes to be useful for investors, please refer to the presentation posted on the Company’s investor relations website, https://ir.driveshack.com. For consolidated information, please refer to the Company’s most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K, which are available on the Company’s investor relations website, https://ir.driveshack.com. About Drive Shack Inc. Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Today, our portfolio consists of American Golf, Drive Shack and Puttery. Forward-Looking Statements: Certain statements regarding Drive Shack Inc. (together with its subsidiaries, “Drive Shack”, “we” or “us”) in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,” “by”, “approaches”, “nearly”, “potential”, “continues”, “may”, “will”, “should”, “could”, “seeks”, “approximately”, “predicts”, “intends”, “plans”, “estimates”, “anticipates”, “target”, “goal”, “projects”, “contemplates” or the negative version of those words or other comparable words. Any forward-looking statements contained in this release, including statements regarding the expected development schedule and timing of specific milestones for our facilities, including Puttery and Drive Shack venues, future revenues including from event sales, our expected and the remaining cost for our development projects (both individually and in the aggregate), the expected capabilities of our development projects once completed, our intentions to make use of capital or free cash flow and our future financial position and liquidity are based upon our limited historical performance and on our current plans, estimates and expectations in light of information (including industry data) currently available to us. The inclusion of this forward-looking information should not be regarded as a representation by the Company or any other person that the future plans, estimates or expectations contemplated by us will be achieved. These statements are subject to a number of factors that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond our control. We can give no assurance that its expectations regarding any forward-looking statements will be attained. Accordingly, you should not place undue reliance on any forward-looking statements made in this release. Factors that could cause or contribute to such differences include, but are not limited to, the risk that our construction schedules will take longer than we expect, that our expectations about the consumer demand for our product will not prove accurate, that our operating or other costs will increase or our expected remaining costs for development projects underway increases and the effect of the COVID-19 pandemic on our business and financial results. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. In addition, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this release. We expressly disclaim any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions or circumstances on which any statement is based. Non-GAAP Financial Measure Adjusted EBITDA is not a measurement of financial performance under generally accepted accounting principles in the United States ("GAAP") and should not be considered in isolation or as an alternative to GAAP financial measures. We believe this non-GAAP financial measure, as we have defined it, provides a supplemental measure of financial performance of our current operations at our entertainment and traditional golf venues. This measure excludes items that we believe are unrelated to the day-to-day performance of our current golf entertainment or traditional golf venues, including one-time pre-opening costs associated with new venue openings, corporate severance payments, (gain) loss on lease terminations and impairment, stock-based compensation, depreciation and amortization and other income (which does not include revenue from golf entertainment or traditional golf venues). This non-GAAP financial measure is presented so that investors have the same type of financial data that management uses in evaluating the financial performance of the Company. The principal limitation of this non-GAAP measure is that it excludes significant expenses and income that are required by GAAP to be recorded in our financial statements. A reconciliation is provided for the non-GAAP financial measure to our GAAP net income/(loss). Investors are encouraged to review the related GAAP financial measures and the reconciliation of the non-GAAP financial measure to our GAAP net income/(loss), and not to rely on any single financial measure to evaluate our business. Adjusted EBITDA. We define Adjusted EBITDA as GAAP net income (loss), adjusted for income tax expenses, other income (loss), interest expenses, interest and investment income, depreciation and amortization, gain (loss) on lease terminations, impairment and other losses, pre-opening costs and certain other non-recurring items (including corporate severance payments, transactional G&A and stock-based compensation). DRIVE SHACK INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in thousands, except share data) (unaudited) June 30, 2022 December 31, 2021 Assets Current assets Cash and cash equivalents $ 22,685 $ 58,286 Restricted cash 4,143 3,480 Accounts receivable, net 5,730 5,563 Real estate securities, available-for-sale 2,846 3,486 Other current assets 30,599 30,034 Total current assets 66,003 100,849 Restricted cash, noncurrent 216 798 Property and equipment, net of accumulated depreciation 181,126 179,260 Operating lease right-of-use assets 191,848 181,915 Intangibles, net of accumulated amortization 13,106 13,430 Other assets 5,739 6,538 Total assets $ 458,038 $ 482,790 Liabilities and Equity Current liabilities Obligations under finance leases $ 5,023 $ 5,400 Membership deposit liabilities 20,905 18,039 Accounts payable and accrued expenses 34,776 34,469 Deferred revenue 17,018 26,301 Other current liabilities 27,733 26,524 Total current liabilities 105,455 110,733 Credit facilities and obligations under finance leases - noncurrent 7,875 9,075 Operating lease liabilities - noncurrent 176,458 166,031 Junior subordinated notes payable 51,169 51,174 Membership deposit liabilities, noncurrent 105,122 104,430 Deferred revenue, noncurrent 12,165 10,005 Other liabilities 2,793 1,487 Total liabilities $ 461,037 $ 452,935 Commitments and contingencies Equity Preferred stock, $0.01 par value, 100,000,000 shares authorized, 1,347,321 shares of 9.75% Series B Cumulative Redeemable Preferred Stock, 496,000 shares of 8.05% Series C Cumulative Redeemable Preferred Stock, and 620,000 shares of 8.375% Series D Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share, issued and outstanding as of June 30, 2022 and December 31, 2021 $ 61,583 $ 61,583 Common stock, $0.01 par value, 1,000,000,000 shares authorized, 92,385,019 and 92,093,425 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively. 924 921 Additional paid-in capital 3,232,324 3,233,608 Accumulated deficit (3,300,065 ) (3,268,876 ) Accumulated other comprehensive income 170 1,163 Total equity of the company $ (5,064 ) $ 28,399 Noncontrolling interest 2,065 1,456 Total equity $ (2,999 ) $ 29,855 Total liabilities and equity $ 458,038 $ 482,790 DRIVE SHACK INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (Dollars in thousands, except share data) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Revenues Golf operations $ 67,577 $ 61,750 $ 122,861 $ 114,912 Sales of food and beverages 19,112 12,129 32,810 20,059 Total revenues 86,689 73,879 155,671 134,971 Operating costs Operating expenses 65,473 55,635 120,613 104,504 Cost of sales - food and beverages 5,788 3,151 9,149 5,255 General and administrative expense 11,558 8,028 20,622 16,012 Depreciation and amortization 6,132 5,784 12,325 12,029 Pre-opening costs 1,938 789 2,685 1,345 (Gain) loss on lease terminations and impairment 2,161 (561 ) 15,032 2,648 Total operating costs 93,050 72,826 180,426 141,793 Operating loss (6,361 ) 1,053 (24,755 ) (6,822 ) Other income (expenses) Interest and investment income 216 159 416 312 Interest expense, net (3,547 ) (2,713 ) (6,194 ) (5,339 ) Other income (loss), net 993 (18 ) 3,640 (79 ) Total other income (expenses) (2,338 ) (2,572 ) (2,138 ) (5,106 ) Loss before income tax (8,699 ) (1,519 ) (26,893 ) (11,928 ) Income tax expense 868 450 1,589 945 Consolidated net loss (9,567 ) (1,969 ) (28,482 ) (12,873 ) Less: net income attributable to noncontrolling interest (134 ) — (81 ) — Net loss attributable to the Company (9,433 ) (1,969 ) (28,401 ) (12,873 ) Preferred dividends (1,395 ) (1,395 ) (2,790 ) (2,790 ) Loss applicable to common stockholders $ (10,828 ) $ (3,364 ) $ (31,191 ) $ (15,663 ) Loss applicable to common stock, per share Basic $ (0.12 ) $ (0.04 ) $ (0.34 ) $ (0.18 ) Diluted $ (0.12 ) $ (0.04 ) $ (0.34 ) $ (0.18 ) Weighted average number of shares of common stock outstanding Basic 92,378,928 92,065,615 92,316,851 87,338,509 Diluted 92,378,928 92,065,615 92,316,851 87,338,509 Drive Shack Inc. and Subsidiaries Adjusted EBITDA Non-GAAP Reconciliations (unaudited) (Dollars in thousands, including footnote) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Consolidated net loss ($ 9,567 ) ($ 1,969 ) ($ 28,482 ) ($ 12,873 ) Income tax expense 868 450 1,589 945 Other (income) loss, net (993 ) 18 (3,640 ) 79 Net interest expense 3,331 2,554 5,778 5,027 Operating income (loss) ($ 6,361 ) $ 1,053 ($ 24,755 ) ($ 6,822 ) Depreciation and amortization 6,132 5,784 12,325 12,029 (Gain) loss on lease terminations and impairment 2,161 (561 ) 15,032 2,648 Pre-opening costs 1,938 789 2,685 1,345 Other items1 714 654 314 1,250 Adjusted EBITDA $ 4,584 $ 7,719 $ 5,601 $ 10,450
- 08/09/2022
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Drive Shack Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call
- DALLAS--(BUSINESS WIRE)-- #putteryofcourse--Drive Shack Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call
- 08/05/2022
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Drive Shack Inc. Announces Grand Opening of Puttery Washington D.C.
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. (DSI) (the “Company”) (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that Puttery D.C. will open to the public at 12 p.m. EDT on Thursday, June 23, 2022. “We are so excited to open our doors and officially bring the Puttery experience to the bustling Penn Quarter neighborhood,” said President and CEO Hana Khouri. “A refined take on putting, Puttery D.C. will quickly become a staple in D.C.'
- 06/21/2022
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3 Penny Stocks to Add to Your Watchlist This Coming Week
- Which penny stocks are you watching right now? The post 3 Penny Stocks to Add to Your Watchlist This Coming Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 05/13/2022
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Drive Shack Inc. (DS) CEO Hana Khouri on Q1 2022 Results - Earnings Call Transcript
- Drive Shack Inc. (NYSE:DS ) Q1 2022 Earnings Conference Call May 10, 2022 9:00 AM ET Corporate Participants Hana Khouri - President and Chief Executive Officer Kelley Buchhorn - Interim Chief Financial Officer Conference Call Participants Peter Saleh - BTIG Alex Fuhrman - Craig-Hallum Eddie Reilly - EF Hutton Operator Good morning. My name is Chelsea, and I will be your conference operator today.
- 05/10/2022
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Drive Shack Inc. Announces First Quarter 2022 Financial Results and Preferred Stock Dividends for Second Quarter 2022
- DALLAS--(BUSINESS WIRE)-- #putteryofcourse--Drive Shack Inc. Announces First Quarter 2022 Financial Results; Q1 2022 Total Revenue Up 13%, Led by Increased Event Sales and New Puttery Venues
- 05/10/2022
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Drive Shack's (DS) CEO Hana Khouri on Q4 2021 Results - Earnings Call Transcript
- Drive Shack's (DS) CEO Hana Khouri on Q4 2021 Results - Earnings Call Transcript
- 03/11/2022
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Drive Shack Stock Gains As Q4 Results Top Estimates
- Drive Shack Inc (NYSE: DS) reported fourth-quarter FY21 sales growth of 17% year-on-year, to $70.53 million, beating the consensus of $69.26 million. Revenue from golf operations rose 4.7% Y/Y, and sales of food and beverages jumped 105% Y/Y.
- 03/11/2022
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Drive Shack Inc. Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
- DALLAS--(BUSINESS WIRE)-- #putteryofcourse--Drive Shack Inc. Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
- 03/08/2022
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Putting In Puttery Is Putting Drive Shack Into Profitability
- As the COVID-19 pandemic subsides, entertainment businesses will show their revenues increased again.
- 02/08/2022
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7 Entertainment Stocks to Buy as Americans Push for a Full Reopening
- With the Covid-19 crisis likely to fade at some point, risk-tolerant investors may consider entertainment stocks to buy. The post 7 Entertainment Stocks to Buy as Americans Push for a Full Reopening appeared first on InvestorPlace.
- 01/07/2022
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Drive Shack Plans To Bring Golf Entertainment Concept 'Puttery' To Chicago
- Drive Shack Inc (NYSE: DS) plans to bring Puttery, its newest competitive socializing and entertainment golf experience, to Fulton Market in Chicago, located at 932 W. Randolph St. The 23,000 square-foot venue will span across two levels and feature two uniquely themed, nine-hole putting courses, two indoor bars, a rooftop/patio bar.
- 12/27/2021
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Drive Shack Continues to Expand
- Drive Shack Inc. ( DS , Financial), the owner and operator of golf-related leisure and entertainment businesses, is spreading holiday cheer with numerous seasonal activities available at both its Drive Shack and recently introduced Puttery venues through the new year.
- 12/13/2021
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Drive Shack Inc. (DS) CEO Hana Khouri on Q3 2021 Results - Earnings Call Transcript
- Drive Shack Inc. (DS) CEO Hana Khouri on Q3 2021 Results - Earnings Call Transcript
- 11/08/2021
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Drive Shack Posts Mixed Q3 Results, Clocks 15% Revenue Growth
- Drive Shack Inc (NYSE: DS) reported third-quarter FY21 sales growth of 15% year-on-year, to $76.4 million, beating the analyst consensus of $74.09 million. Revenue from golf operations rose 5.9% Y/Y, and sales of food and beverages jumped 83.3% Y/Y.
- 11/08/2021
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Drive Shack Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call
- 11/02/2021
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Drive Shack Inc. Announces it is Hosting an Investor Meeting Today at its New Puttery Venue; Reports Preliminary Revenue Results of $75 Million for Third Quarter 2021
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. is Hosting an Investor Meeting Today at its New Puttery Venue; Reports Preliminary Revenue of $75 Million for Third Quarter 2021
- 10/07/2021
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Drive Shack To Launch Puttery Location In Texas
- Drive Shack Inc (NYSE: DS) announced the launch of Puttery , a new, competitive socializing and entertainment experience, starting September 3. Puttery is located at Grandscape, a 400-acre, mixed-use development in The Colony, Texas.
- 08/31/2021
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Drive Shack Inc. Announces Grand Opening of Debut Puttery Location in The Colony, Texas
- DALLAS--(BUSINESS WIRE)-- #DFW--Drive Shack Inc. announced today that Puttery, a new, competitive socializing and immersive entertainment experience, will open in DFW on Sept. 3.
- 08/31/2021
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Drive Shack: Bullish Into Launch Of New 'Puttery' Concept
- Drive Shack reported its Q2 results highlighted by strong operating and financial momentum benefiting from renewed popularity towards golfing.
- 08/25/2021
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3 Hot Penny Stocks to Keep an Eye On For Your Monday Watchlist
- Making a penny stocks watchlist right now? Check these 3 small-caps out The post 3 Hot Penny Stocks to Keep an Eye On For Your Monday Watchlist appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 08/14/2021
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Drive Shack, Inc. (DS) CEO Hana Khouri on Q2 2021 Results - Earnings Call Transcript
- Drive Shack, Inc. (DS) CEO Hana Khouri on Q2 2021 Results - Earnings Call Transcript
- 08/09/2021
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Drive Shack Q2 Result Tops Estimates
- Drive Shack Inc (NYSE: DS) reported second-quarter FY21 sales growth of 130.22% year-on-year, to $73.90 million, beating the analyst consensus of $67.93 million. Revenue from golf operations rose 108% Y/Y, and sales of food and beverages jumped 400% Y/Y.
- 08/09/2021
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Recap: Drive Shack Q2 Earnings
- Shares of Drive Shack (NYSE:DS) rose 0.4% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 93.44% over the past year to ($0.04), which beat the estimate of ($0.13).
- 08/09/2021
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Drive Shack Inc. Announces Second Quarter 2021 Financial Results and Preferred Stock Dividends for Third Quarter 2021
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. Announces Second Quarter 2021 Financial Results and Preferred Stock Dividends for Third Quarter 2021; Reports Op Income of $1.1M
- 08/09/2021
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Drive Shack Inc. Expands Puttery, Its New Competitive Socializing Concept, to Downtown Houston
- DALLAS--(BUSINESS WIRE)-- #putteryofcourse--DRIVE SHACK INC. EXPANDS PUTTERY, ITS NEW COMPETITIVE SOCIALIZING CONCEPT, TO DOWNTOWN HOUSTON; Adding Houston makes five Puttery's across the country
- 08/09/2021
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Drive Shack Inc. Schedules Second Quarter 2021 Earnings Release and Conference Call
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. Schedules Second Quarter 2021 Earnings Release and Conference Call
- 08/04/2021
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The 7 Best Cheap Stocks to Buy That Are Under $20 Now
- Although the memes may have taken over the markets, there are still viable cheap stocks to buy under $20 that you can advantage. The post The 7 Best Cheap Stocks to Buy That Are Under $20 Now appeared first on InvestorPlace.
- 06/11/2021
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Puttery Now Hiring for its First Two Locations in The Colony/Dallas and Charlotte
- DALLAS--(BUSINESS WIRE)--Puttery Now Hiring for its First Two Locations in The Colony/Dallas and Charlotte; New Social Entertainment Mini-Golf Experience to Debut Summer 2021
- 06/08/2021
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4 Hot Penny Stocks For Your Reopening Watch List In June 2021
- Reopening penny stocks remain a core focus for traders in June The post 4 Hot Penny Stocks For Your Reopening Watch List In June 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 06/01/2021
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7 Cheap Stocks to Buy Now Under $10
- While no one likes to see red ink on their portfolio, a key benefit is that you now have more choices regarding cheap stocks to buy. The post 7 Cheap Stocks to Buy Now Under $10 appeared first on InvestorPlace.
- 05/24/2021
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4 Hot Reopening Penny Stocks That You Need to Know About
- These reopening penny stocks are up big today; are they worth watching? The post 4 Hot Reopening Penny Stocks That You Need to Know About appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 05/17/2021
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3 Reopening Penny Stocks to Watch as Vaccine Rates Hit All-Time Highs
- Reopening penny stocks remain very popular; here are 3 to watch right now The post 3 Reopening Penny Stocks to Watch as Vaccine Rates Hit All-Time Highs appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 05/13/2021
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Drive Shack, Inc. (DS) CEO Hana Khouri on Q1 2021 Results - Earnings Call Transcript
- Drive Shack, Inc. (DS) CEO Hana Khouri on Q1 2021 Results - Earnings Call Transcript
- 05/07/2021
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Drive Shack Inc. Announces First Quarter 2021 Results and Preferred Stock Dividends for Second Quarter 2021
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. Reports Q1 2021 Total Company Revenue Flat, Improved Operating Loss & Positive Adj. EBITDA vs Prior Year; Declares Preferred Dividend
- 05/07/2021
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An Explosive Turnaround Stock That Doubles as a Great “Reopening Trade”
- I think a small-cap stock by the name of Drive Shack (NYSE:DS) could be one of the best performers in 2021. The post An Explosive Turnaround Stock That Doubles as a Great “Reopening Trade” appeared first on InvestorPlace.
- 05/03/2021
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Reopening Penny Stocks to Buy? 3 to Watch in May 2021
- Hot penny stocks to watch during reopening? Check these 3 out The post Reopening Penny Stocks to Buy?
- 04/29/2021
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3 Entertainment Penny Stocks to Watch in May 2021
- Entertainment stocks are in focus right now; here's three to watch The post 3 Entertainment Penny Stocks to Watch in May 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 04/28/2021
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Drive Shack Inc. Schedules First Quarter 2021 Earnings Release and Conference Call
- DALLAS--(BUSINESS WIRE)--Drive Shack Inc. Schedules First Quarter 2021 Earnings Release and Conference Call
- 04/27/2021
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Drive Shack Inc. Is Bringing Puttery, Its Newest Social Entertainment Mini-Golf Experience to Penn Quarter, Washington D.C.'s Premier Entertainment Zone
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. Is Bringing Puttery, Its Newest Social Entertainment Mini-Golf Experience to Penn Quarter, D.C.'s Premier Entertainment Zone
- 03/31/2021
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Drive Shack: Worth Another Swing Here
- Drive Shack is benefiting from renewed interest in golf as the industry got a boost during the pandemic. The company expects to open 10 "Puttery" locations this year as a new adult-focused mini-golf entertainment venue concept.
- 03/26/2021
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7 Risky Stocks Ready to Roll on Reopening
- If you have strong convictions about a return to normal, you may want to check out these risky stocks that could benefit the most. The post 7 Risky Stocks Ready to Roll on Reopening appeared first on InvestorPlace.
- 03/25/2021
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Drive Shack Stock Gives Every Indication Of Being Fairly Valued
- The stock of Drive Shack (NYSE:DS, 30-year Financials) shows every sign of being fairly valued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded.
- 03/23/2021
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Drive Shack Inc. Announces Fourth Quarter and Full Year 2020 Results and Preferred Stock Dividends for First Quarter 2021
- NEW YORK--(BUSINESS WIRE)--Drive Shack Announces Fourth Quarter and Full Year 2020 Results and Preferred Stock Dividends for First Quarter 2021
- 03/12/2021
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Drive Shack Inc. Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call.
- 03/08/2021
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Drive Shack (DS) May Report Negative Earnings: Know the Trend Ahead of Q4 Release
- Drive Shack (DS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/26/2021
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9 Sports and Entertainment Stocks to Consider as Covid Numbers Drop
- With novel coronavirus cases declining, if you wish to wager on a recovery, you have a possible upside opportunity with sports and entertainment stocks. The post 9 Sports and Entertainment Stocks to Consider as Covid Numbers Drop appeared first on InvestorPlace.
- 02/18/2021
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Drive Shack Inc. Announces Pricing of Public Offering of Common Stock
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (NYSE: DS, the “Company”), a leading owner and operator of golf-related leisure and entertainment businesses, announced today that it priced its underwritten public offering of 20,833,334 shares of common stock at a price to the public of $2.40 per share for gross proceeds of approximately $50 million. All shares of common stock are being offered by the Company. The Company has granted the underwriters an option for a period of 30 days to purchase up
- 01/29/2021
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Drive Shack Inc. Announces Proposed Public Offering of Common Stock
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (NYSE: DS, the “Company”), a leading owner and operator of golf-related leisure and entertainment businesses, announced today the launch of an underwritten public offering of $50,000,000 of shares of common stock, subject to market conditions. All shares of common stock are being offered by the Company. The underwriters have agreed to purchase all of the shares offered and the Company intends to grant the underwriters an option for a period of 30 days
- 01/28/2021
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Drive Shack Launches Single-Bay Online Reservation Platform
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, has announced the launch of its single-bay online reservation system across all four of its Drive Shack locations. The online booking platform allows groups of 6 guests or less to make single-bay reservations up to 7 days in advance. “We are extremely pleased with the early response we've seen from the recent launch of our single-bay, online reservation plat
- 01/04/2021
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Drive Shack to Reopen Orlando Venue on December 18th
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (the “Company”) (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that it will reopen its 65,000-square-foot entertainment golf venue located in Orlando on December 18, 2020. “We are pleased to announce the reopening of our Orlando Drive Shack venue and look forward to safely welcome guests back this week,” said President and Chief Executive Officer, Hana Khouri. “Our teams worked diligently
- 12/14/2020
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7 Restaurant Stocks That Could Be Shaky With More Shutdowns
- Bouncing back from the March doldrums, many restaurant stocks have enjoyed a recovery. But with winter arriving and Covid-19 cases worsening, it's time to rethink this optimistic narrative.
- 11/23/2020
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Drive Shack's (DS) CEO Hana Khouri on Q3 2020 Results - Earnings Call Transcript
- Drive Shack's (DS) CEO Hana Khouri on Q3 2020 Results - Earnings Call Transcript
- 11/04/2020
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Drive Shack Announces Third Quarter 2020 Results
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (the “Company”) (NYSE: DS) today reported its financial results for the third quarter ended September 30, 2020. The Company also provided an update on the business, as well as measures it has taken to sustain liquidity. “We are pleased with our third quarter results as we see our venues and courses continue to build momentum over the year. Both of these businesses delivered positive financial results in the quarter, even with the challenges we continu
- 11/03/2020
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Drive Shack Set To Surprise
- Consensus analyst estimates for Drive Shack Q3 are $59.8m in revenue and $(0.23) in EPS when they report November 3rd. Looking at rounds played and business developments for Drive Shack informs why this significantly underestimates their expected business performance in Q3.
- 11/02/2020
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Drive Shack Inc. Schedules Third Quarter 2020 Earnings Release and Conference Call
- NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (NYSE: DS) announced today that it will release its third quarter 2020 financial results on Tuesday, November 3, 2020, after the closing of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, November 4, 2020 at 9:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of Drive Shack's website, http://ir.driveshack.com. The conference call may be accessed by diali
- 10/29/2020
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Open d'Italia al via, Paratore e Manassero in campo - Open d'Italia
- Seppur con 30 minuti di ritardo (rispetto a quanto inizialmente previsto), causa nebbia, è
cominciata la 77esima edizione dell'Open d'Italia di golf.
(ANSA)
- 10/22/2020
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Arcis Golf Receives Significant Investment from Atairos
- Arcis Golf, the premier operator of public and private golf clubs in the U.S., announced today that Atairos, an independent private company focused on supporting growth-oriented businesses, will acquire a substantial ownership position in the company.
DALLAS (PRWEB) October 20, 2020
Arcis Golf , the premier operator of public and private golf clubs in the U.S., announced today that Atairos , an independent private company focused on supporting growth-oriented businesses, will acquire a substantial ownership position in the company. Atairos plans to support Arcis Golf's expansion around the country, as well as management's continued enhancements of the company's award-winning member amenities. Funds managed by affiliates of Fortress Investment Group LLC ("Fortress") will maintain a significant ownership stake in the company.
"We're very excited to welcome Atairos as a new partner," said Blake Walker, Founder and CEO of Arcis Golf. "This investment will accelerate our vision for Arcis Golf-allowing us to expand our premier offering to more clubs around the country. I'm equally pleased that Fortress Investment Group will remain an investor. They have been a vital contributor to our growth and success over the past several years."
Six years ago, Arcis was a small start-up. Today, with nearly 60 private, resort, and daily-fee golf clubs in 13 states and more than 5,000 employees, Arcis Golf is building a lifestyle company that reaches far beyond golf. In the past three years, Arcis Golf has invested more than $60 million across its portfolio in property upgrades, new amenities, personnel, training, and systems to...
- 10/21/2020
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Arcis Golf Receives Significant Investment from Atairos
- Arcis Golf announced today that Atairos will acquire a substantial ownership position in the company.
- 10/21/2020
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Arcis Golf Receives Significant Investment from Atairos
- -Supports Growth of Leading Operator of Golf Clubs in the U.S.
-Fortress Investment Group Maintains Significant Ownership Stake in Arcis Golf
- 10/20/2020
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Shake Shack Inc (NYSE:SHAK) Shares Purchased by DAVENPORT & Co LLC
- DAVENPORT & Co LLC raised its stake in shares of Shake Shack Inc (NYSE:SHAK) by 14.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,953 shares of the company’s stock after buying an additional 630 shares during the quarter. DAVENPORT & Co LLC’s […]
- 10/20/2020
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Mars Wrigley, Shake Shack, and Bounteous Share Digital Innovation Insights
- Bounteous, Shake Shack, and Mars Wrigley share breakthrough results of collaborative partnerships at Acquia Engage 2020.
- 10/20/2020
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Drive Shack (NYSE:DS) and Cannae (NYSE:CNNE) Head-To-Head Comparison
- Drive Shack (NYSE:DS) and Cannae (NYSE:CNNE) are both consumer discretionary companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, valuation, dividends, analyst recommendations, institutional ownership and profitability. Insider and Institutional Ownership 39.8% of Drive Shack shares are owned by institutional investors. Comparatively, 84.8% […]
- 10/19/2020
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Drive Shack Inc. Closes $34.5 Million Sale of Its Rancho San Joaquin, CA Golf Property
- Drive Shack Inc. (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, announced the sale of its Rancho San J
- 10/19/2020
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DJ's Clam Shack Opens In East Northport
- It marks the second Long Island location of the Key West-inspired "northern-southern seafood fusion" eatery.
- 10/14/2020
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Two New Golf Le Fleur x Converse Gianno Styles Are Releasing Soon
- Perfect for the fall.
- 10/14/2020
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Shake Shack Inc (NYSE:SHAK) Director Daniel Harris Meyer Sells 25,000 Shares
- Shake Shack Inc (NYSE:SHAK) Director Daniel Harris Meyer sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $70.27, for a total transaction of $1,756,750.00. Following the transaction, the director now directly owns 1,364 shares of the company’s stock, valued […]
- 10/14/2020
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These Are All the States With Trump Properties and Businesses
- Get more details about the US properties that belong to Trump.
- 10/12/2020
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Handelsbanken Fonder AB Makes New Investment in Callaway Golf Co (NYSE:ELY)
- Handelsbanken Fonder AB acquired a new position in shares of Callaway Golf Co (NYSE:ELY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,697 shares of the company’s stock, valued at approximately $327,000. Other hedge funds and other institutional investors also […]
- 09/30/2020
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Bank of America Corp DE Acquires 1,724,011 Shares of Callaway Golf Co (NYSE:ELY)
- Bank of America Corp DE lifted its holdings in Callaway Golf Co (NYSE:ELY) by 314.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,273,085 shares of the company’s stock after buying an additional 1,724,011 shares during the quarter. Bank of America Corp DE owned […]
- 09/16/2020
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Global Fast Casual Restaurants Market- Featuring Chipotle Mexican Grill Inc., Firehouse Restaurant Group Inc., and Noodles & Co. Among Others
- The Global Fast Casual Restaurants Market will grow by USD 63.25 bn during 2020-2024
- 09/16/2020
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$409 Billion Worldwide Participatory Sports Industry to 2027 - Impact Analysis of COVID-19 - ResearchAndMarkets.com
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Bank of New York Mellon Corp Has $21.01 Million Holdings in Callaway Golf Co (NYSE:ELY)
- Bank of New York Mellon Corp raised its position in shares of Callaway Golf Co (NYSE:ELY) by 2.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,199,726 shares of the company’s stock after purchasing an additional 29,995 shares during the quarter. Bank of New York Mellon Corp […]
- 09/13/2020
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Shake Shack will benefit most from resumed NYC indoor dining: Truist Securities
- Shake Shack Inc. undefined stands to gain most from Gov. Andrew Cuomo's announcement that indoor dining at 25% capacity will resume in New York City,...
- 09/10/2020
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Affirm Partners with Callaway Golf Company to Offer a Modern Way to Pay for Premium Golf Equipment
- Affirm, a more flexible and transparent alternative to credit cards, today announced a partnership with premium golf equipment and active lifestyle br
- 08/27/2020
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Eight must-play golf courses on Ireland's Wild Atlantic Way
- Rounds of golf and staycations have provided ideal respite for many throughout the summer -- and there is nothing better than a combination of the two if you want a nice, relaxing break. The Wild Atlantic Way has been all over social media as a chunk of the population took it upon themselves to make the most of one of Ireland's greatest routes. While it is common knowledge that the Wild Atlantic Way is laden with beautiful views and excellent eateries, not enough hype is given to the golf courses on offer. From Donegal southwards all the way to Cork
- 08/26/2020
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Washington Prime Group Announces New Lifestyle Tenancy at Southern Park Mall, Including The Bunker Indoor Golf Entertainment Center, Bogey’s Restaurant and Planet Fitness
- Washington Prime Group Inc. (NYSE: WPG) today provided an update on redevelopment efforts at Southern Park Mall, located in Boardman, Ohio and serving
- 08/26/2020
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Drive (Shack) For Show And Putt For Dough
- Is the thrill of victory worth the agony of defeat when it comes to Drive Shack? Q2 2020 financials show the venues breaking even within weeks of reopening.
- 08/22/2020
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Irish politicians apologize, resign amid “Golfgate” scandal
- More than 80 people attended an Oireachtas Golf Society event in Co Galway just a day after coronavirus restrictions were tightened across Ireland.
- 08/21/2020
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Drive Shack May Not Survive This
- DS shares continue to trade at extremely low levels. Cash burn was a big problem before COVID-19 and should only worsen now.
- 08/19/2020
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Blackstone Mortgage Trust (NYSE:BXMT) vs. Drive Shack (NYSE:DS) Financial Comparison
- Blackstone Mortgage Trust (NYSE:BXMT) and Drive Shack (NYSE:DS) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, earnings, profitability, dividends, valuation and institutional ownership. Valuation and Earnings This table compares Blackstone Mortgage Trust and Drive Shack’s gross revenue, earnings […]
- 08/09/2020
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Drive Shack Announces Second Quarter 2020 Results | | IT Business Net
- Provides Business & Financial Liquidity Update NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (the "Company") (NYSE: DS) today reported its financial results for the second quarter ended Ju
- 08/05/2020
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Drive Shack Announces Second Quarter 2020 Results
- Drive Shack Inc. (the "Company") (NYSE: DS) today reported its financial results for the second quarter ended June 30, 2020. The Company also provided an update on the impact of the COVID-19 pandemic on its business, together with measures the Company has taken to reduce cash expenditures.
- 08/05/2020
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Drive Shack Announces Second Quarter 2020 Results
- Drive Shack Inc. (the “Company”) (NYSE: DS) today reported its financial results for the second quarter ended June 30, 2020. The Company also provided
- 08/05/2020
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Drive Shack Inc. Schedules Second Quarter 2020 Earnings Release and Conference Call
- Drive Shack Inc. (NYSE: DS) announced today that it will release its second quarter 2020 financial results on Tuesday, August 4, 2020, after the closing of the New York Stock Exchange.
- 07/31/2020
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Reflecting on Drive Shack's (NYSE:DS) Share Price Returns Over The Last Year
- It is a pleasure to report that the Drive Shack Inc. (NYSE:DS) is up 61% in the last quarter. But that's small comfort...
- 07/16/2020
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Do Options Traders Know Something About Drive Shack (DS) Stock We Don't?
- Investors need to pay close attention to Drive Shack (DS) stock based on the movements in the options market lately.
- 06/29/2020
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Drive Shack ($DS) Incomplete Bullish Sequence
- Drive Shack ($DS) has been making steady gains since the March 2020 low. Technically speaking, it has a nice Elliott Wave chart, and is following the pattern of the general indices fairly well. Let’s take a look at what they do as a company: “Drive Shack Inc. is a leading owner and operator of golf-related …
- 06/26/2020
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For GOLF Magazine And Golf.com, Pivot To Lifestyle And Service Focus Plays Well
- The past several months have been pretty big for GOLF. Not simply the game, mind you, but the brand and its various media properties — from the relaunched website, Golf.com, to a reinvigorated magazine that starting in July will have even more content and an upgraded look and feel.
- 06/26/2020
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Best Penny Stocks To Watch Right Now; 2 Up Over 100% In June 2020
- Are These On Your List Of Penny Stocks In June 2020? Jun 08, 2020 (Penny Stocks via COMTEX) --
This month penny stocks are on fire. Better yet, dare I say...
- 06/09/2020
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Best Penny Stocks To Watch Right Now; 2 Up Over 100% In June 2020
- Are These On Your List Of Penny Stocks In June 2020? Jun 08, 2020 (Penny Stocks via COMTEX) --
This month penny stocks are on fire. Better yet, dare I say...
- 06/09/2020
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Edited Transcript of DS earnings conference call or presentation 8-May-20 12:00pm GMT
- Q1 2020 Drive Shack Inc Earnings Call
- 06/01/2020
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Hedge Funds Have Never Been Less Bullish On Drive Shack Inc. (DS)
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
- 05/27/2020
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Drive Shack: Worth A Swing Here (NYSE:DS)
- Drive Shack is a golf course operator that has pivoted towards a new social driving range entertainment venue concept as a new growth driver. The company was fo
- 05/19/2020
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Golf news: American Golf offers huge prize for ‘home in one’ putt challenge
- The golf retailer has come up with an entertaining game for golfers to play while in isolation with a cash prize.
- 05/17/2020
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Drive Shack Inc. (DS) Q1 2020 Earnings Call Transcript
- At this time, I would like to welcome everyone to the Drive Shack's first-quarter 2020 earnings conference call. At this time, I would like to hand the call over to Austin Pruitt, head of investor relations. Ms. Pruitt, you may begin.
- 05/10/2020
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Drive Shack Announces First Quarter 2020 Results
- Drive Shack Inc. (the "Company") (NYSE: DS) announced financial results for the first quarter ended March 31, 2020. The Company also provided an update on the impact of the COVID-19 pandemic on its business, together with measures the Company has taken to reduce cash expenditures.
- 05/08/2020
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Drive Shack Announces First Quarter 2020 Results
- Drive Shack Inc. (the “Company”) (NYSE: DS) announced financial results for the first quarter ended March 31, 2020. The Company also provided an updat
- 05/08/2020
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Drive Shack Inc. Schedules First Quarter 2020 Earnings Release and Conference Call
- Drive Shack Inc. (NYSE: DS) announced today that it will release its first quarter 2020 financial results on Thursday, May 7, 2020, after the closing of the New York Stock Exchange.
- 05/04/2020
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Inside North Korea's Kim ruling dynasty as world's craziest family exposed
- North Korea is home to the most blood-thirsty dynasty in the world today – and yet the eccentric family have put their name in the history books for the most bizarre reasons ever, from poo balloon attacks to Kim's dad directing rom com movies
- 04/29/2020
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Volkswagen Golf: The great 8
- Now into its all-new eighth generation, the Volkswagen Golf is still the family car to beat
- 04/29/2020
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BBBY, DVAX among premarket gainers
- Broadwind Energy (NASDAQ:BWEN) +60%. on $19M order.TrovaGene (NASDAQ:TROV) +44% on new positive results from its ongoing Phase 1b/2 clinical trial of onvansertib in combination with FOLFIRI and Avasti
- 04/28/2020
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3 Penny Stocks That Could Double Despite COVID-19 Woes
- How to make sense of the markets these days? Starting two months ago, we entered the steepest, fasted bear market slide in modern history – only to have stocks turn around for a sustained rally that has lasted over 4 weeks now. The volatility comes from the economic impact of the various ‘social distancing
- 04/23/2020
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Mack Cali Realty (NYSE:CLI) vs. Drive Shack (NYSE:DS) Critical Review
- Drive Shack (NYSE:DS) and Mack Cali Realty (NYSE:CLI) are both small-cap consumer discretionary companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, valuation, dividends, profitability and analyst recommendations. Insider and Institutional Ownership 62.9% of Drive Shack shares are owned by institutional […]
- 03/30/2020
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Drive Shack closed all Drive Shack venues, to furlough nearly all hourly employees and managers
- Drive Shack Inc. said Wednesday it has closed all of its Drive Shack golf entertainment venues and most o fits American Golf courses, as a result of the COVID-19 health crises. The company said it will furlough nearly all venue-level hourly employees and managers, and a "significant number" of corporate employees, with the expectation that they will be able to return when operations resume. The company's American Golf business will take similar actions. Drive Shack said a "vast majority" of its 4,500 employees in the U.S. earn an hourly wage. The company said it has also taken steps to "substantially" cut and defer costs related to marketing, game development and new site selection, and is reviewing its capital expenditure and development program. "While we cannot predict today how long this will last, we believe that the impacts to our business are temporary," said Chief Executive Hana Khouri. The stock, which was still inactive in premarket trading, has tumbled 61.8% over the past three months, while the S&P; 500 has lost 24.1%.
- 03/25/2020
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Drive Shack Inc. Provides Business Update Amidst Coronavirus Situation
- As part of Drive Shack Inc.’s (NYSE: DS) ongoing efforts to protect guests and employees in light of the COVID-19 health crisis, the company has temporarily closed all Drive Shack venues and the majority of its American Golf courses.
- 03/25/2020
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Edited Transcript of DS earnings conference call or presentation 6-Mar-20 2:00pm GMT
- Q4 2019 Drive Shack Inc Earnings Call
- 03/18/2020
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Daily Insider Ratings Round Up 3/13/20
- Tables of the top insider purchases and sales filed with the SEC on 3/13/20, based on dollar value. Dollar values often do not equate with significance when it
- 03/17/2020
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Insider Buying: The Drive Shack Inc. (NYSE:DS) Chairman Just Bought US$2.6m Worth Of Shares
- Drive Shack Inc. (NYSE:DS) shareholders (or potential shareholders) will be happy to see that the Chairman, Wesley...
- 03/15/2020
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Hyundai Seeks Higher Electric Car Sales In Europe As Market Doubles
- Sales of battery electric cars are likely to double in Europe this year and the dominance so far of Tesla, Renault, Nissan and Volkswagen, looks being undermined as more manufacturers, like Hyundai and Kia of Korea and Groupe PSA of France, bring new cars and SUVs to the market.
- 03/13/2020
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Drive Shack to deliver first Texas location by end of 2020
- Drive Shack Inc. (NYSE: DS) plans to make its Texas debut by the end of the year, according to a recent investor presentation. The new location would be one of the company's first Urban Box concepts, which includes mini-golf instead of traditional driving bays. Like Drive Shack's other concepts, however, these Urban Box locations also feature a restaurant and bar.
- 03/12/2020
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Drive Shack, Inc. to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / March 6, 2020 / Drive Shack, Inc. (DS) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 6, 2020 at 9:00 AM Eastern Time. ...
- 03/06/2020
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Strength of New Venues Highlighted in Drive Shack Inc.’s Fourth Quarter 2019 Results
- Drive Shack Inc. (NYSE: DS), a leading owner and operator of golf-related leisure and "eatertainment" venues, today reported its financial results for the fourth quarter and full year ended December 31, 2019.
- 03/06/2020
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Fixed-Rate Preferred Stocks - Complete Review
- We'll take a look at the main indicators that we follow and their behavior during the last month. All the preferred stocks are sorted in categories. What has ch
- 03/04/2020
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Drive Shack Inc. Schedules Fourth Quarter and Full Year 2019 Earnings Release and Conference Call
- Drive Shack Inc. (NYSE:DS) announced today that it will release its fourth quarter and full year 2019 financial results on Thursday, March 5, 2020, after the closing of the New York Stock Exchange.
- 02/05/2020
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Is this Topgolf rival teeing up competition with venue in South End?
- A permit filed with the city of Charlotte suggests that a golf entertainment venue is heading to South End.
- 01/30/2020
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Drive Shack Inc. (NYSE:DS): What Does Its Beta Value Mean For Your Portfolio?
- If you own shares in Drive Shack Inc. (NYSE:DS) then it's worth thinking about how it contributes to the volatility of...
- 01/24/2020
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Why giving back is aligned with this construction firm's goal of building with American spirit
- In Central Florida, the firm through the foundation and company donations gives an average of 5% of its annual earnings to local and national charities.
- 12/31/2019
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Hedge Funds Are Selling Drive Shack Inc. (DS)
- It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
- 12/20/2019
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Edited Transcript of DS earnings conference call or presentation 12-Nov-19 2:15pm GMT
- Q3 2019 Drive Shack Inc Earnings Call
- 12/04/2019
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Drive Shack Orlando to Reopen its Doors Nov. 29
- Golf and social entertainment destination Drive Shack will reopen its flagship location in Orlando on Nov. 29, following an extensive renovation to outfit its three-level 90-bay venue with new and advanced technology developed by industry leader TrackMan™. In addition to the upgraded technology, the refreshed Drive Shack boasts a redesigned field and new and revamped games.
- 11/25/2019
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Will Drive Shack (DS) Report Negative Q3 Earnings? What You Should Know
- Drive Shack (DS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 11/07/2019
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7 best drivers
- We took in the full 18 to find the clubs that will help you tee off in style
- 03/21/2017
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Fortress – On the Ramparts
- When I posted my first writeup on Fortress Investment Group (FIG:US), it was May-2012 & the share price was only $3.11. Buying the shares (& writing about them), I felt like I was in the th…
- 11/07/2013
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