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AMERICAN EXPRESS COMPANY (AXP)
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American Express : Drake and Migos announce Tacoma Dome concert

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05/15/2018 | 01:50am CEST

May 14--With his Toronto Raptors officially bounced from the NBA playoffs, Drake announced a sprawling North American tour on Monday.

The "Hotline Bling" rapper's Aubrey & the Three Amigos tour will hit the Tacoma Dome on Nov. 1 between two-night stands in Oakland and Vancouver. The hip-hop megastar, whose real name is Aubrey Drake Graham, is bringing red-hot Atlanta trio Migos along for the 41-date trek, hence the tour's name. Migos was in town last month for a ShoWare Center date with Snoop Dogg.

An American Express presale runs 10 a.m. Tuesday through 10 p.m. Thursday before tickets go on sale to the general public 10 a.m. Friday via Ticketmaster. A Live Nation presale lasts from 10 a.m. to 10 p.m. Thursday. Tickets range from $55.50 to $195.50.

An apologetic Drake last came to Tacoma in 2016 and he showed up late after purportedly getting stuck in I-5 traffic (we feel you, Drizzy). The new tour is in support of his forthcoming "Scorpion" LP, expected to arrive next month. His fifth studio album follows last year's 22-track "More Life," which was billed as a "playlist," though for all intents and purposes looked, smelled and sounded like a mixtape.

The Tacoma Dome is slated for a $30 million renovation project this summer, scheduled for completion in October.

___

(c)2018 The Seattle Times

Visit The Seattle Times at www.seattletimes.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2018 40 286 M
EBIT 2018 11 675 M
Net income 2018 6 237 M
Debt 2018 -
Yield 2018 1,33%
P/E ratio 2018 15,16
P/E ratio 2019
Capi. / Sales 2018 2,35x
Capi. / Sales 2019 2,19x
Capitalization 94 802 M
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Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 112 $
Spread / Average Target 1,3%
EPS Revisions
Managers
NameTitle
Stephen J. Squeri Chairman & Chief Executive Officer
Jeffrey C. Campbell Chief Financial Officer & Executive Vice President
Marc D. Gordon Chief Information Officer & Executive VP
Upendra Mardikar VP-Security Strategy, Architecture & Engineering
Charlene Barshefsky Independent Director
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