Andrew Strelzik

Brian Vaccaro

Jake Bartlett

Dennis Geiger

Brian Mullan

Andrew Barish

Andy Barish

Jeff farmer

Todd Brooks

Eric Wold

Mike Hickey

Sharon Zackfia

Jared Hludzinski

Jeffrey Farmer

- Dave & Buster's Entertainment Inc. reported **Q2 2025 revenue of $557 million** and **adjusted EBITDA of $130 million**, with comparable store sales decreasing **3%** versus the prior year.  **[1525769_2144733_3]** 
- **Tarun Lal officially joined as CEO in July**, outlining a strategic focus on marketing, food and beverage, operations, games, and remodels to drive sales and cash flow.  **[1525769_2144733_1]** **[1525769_2144733_2]** **[1525769_2144733_6]** 
- The company opened **eight new stores year-to-date** and expects **11 new store openings in fiscal 2025**.  **[1525769_2144733_4]**  It also completed a sale-leaseback transaction, receiving approximately **$77 million**.  **[1525769_2144733_3]** **[1525769_2144733_4]** 
- The new CEO's compensation is tied to a near-term achievement of **$675 million of annual adjusted EBITDA**, which is now the team's new target.  **[1525769_2144733_7]** **[1525769_2144733_13]**

Dave & Buster's Entertainment Inc. Reports Q2 2025 Results and New CEO Outlines Strategic Focus

- Dave & Buster's reported **Q2 2025 revenue of $557.4 million**, a **0.05% increase** compared to the second quarter of fiscal 2024, with **comparable store sales decreasing 3.0%**.  **[1525769_0001525769-25-000009_play-2025q2er8kxexx991.htm:0]** 
- **Net income** for Q2 2025 totaled **$11.4 million**, or **$0.32 per diluted share**, and **Adjusted EBITDA** was **$129.8 million**.  **[1525769_0001525769-25-000009_play-2025q2er8kxexx991.htm:0]** 
- **Tarun Lal was appointed Chief Executive Officer** and a member of the Board of Directors effective **July 14, 2025**.  **[1525769_0001525769-25-000009_play-2025q2er8kxexx991.htm:0]** 
- The company generated **$34.0 million in operating cash** during the second quarter, ending with **$443.3 million of available liquidity** and a **Net Total Leverage Ratio of 3.2x**.  **[1525769_0001525769-25-000009_play-2025q2er8kxexx991.htm:1]** **[1525769_0001525769-25-000009_play-2025q2er8kxexx991.htm:8]**

Dave & Buster's Reports Q2 2025 Financial Results and CEO Appointment

- Dave & Buster's Entertainment reported **second quarter fiscal 2025 revenue of $557.4 million**, a **0.05% increase** compared to the prior year, while **comparable store sales decreased 3.0%**.  **[1525769_49071122256f4a20856fcbeb572f72ac_0]** **[1525769_49071122256f4a20856fcbeb572f72ac_1]** 
- **Net income for Q2 2025 was $11.4 million**, or **$0.32 per diluted share**, a decrease from $40.3 million, or $0.99 per diluted share, in Q2 2024. **Adjusted EBITDA also decreased to $129.8 million** from $151.6 million in the same period last year.  **[1525769_49071122256f4a20856fcbeb572f72ac_0]** **[1525769_49071122256f4a20856fcbeb572f72ac_1]** 
- **Tarun Lal was appointed Chief Executive Officer** and a member of the Board of Directors effective **July 14, 2025**.  **[1525769_49071122256f4a20856fcbeb572f72ac_0]** 
- The company opened **three new domestic Dave & Buster's stores** and its **second international franchise store in India** during the second quarter, and realized **$77 million in cash** from sale leaseback and other real estate financing transactions.  **[1525769_49071122256f4a20856fcbeb572f72ac_0]**

Dave & Buster's Entertainment Reports Second Quarter Fiscal 2025 Financial Results and CEO Appointment

Dave & Buster's Entertainment (PLAY)