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Dave & Buster's Entertainment (PLAY)

Earnings summaries and quarterly performance for Dave & Buster's Entertainment.

Recent press releases and 8-K filings for PLAY.

Dave & Buster's Entertainment Inc. Reports Q2 2025 Results and New CEO Outlines Strategic Focus
PLAY
Earnings
CEO Change
Guidance Update
  • 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.
  • 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.
  • The company opened eight new stores year-to-date and expects 11 new store openings in fiscal 2025. It also completed a sale-leaseback transaction, receiving approximately $77 million.
  • 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.
Sep 15, 2025, 9:00 PM
Dave & Buster's Reports Q2 2025 Financial Results and CEO Appointment
PLAY
Earnings
CEO Change
Demand Weakening
  • 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%.
  • Net income for Q2 2025 totaled $11.4 million, or $0.32 per diluted share, and Adjusted EBITDA was $129.8 million.
  • Tarun Lal was appointed Chief Executive Officer and a member of the Board of Directors effective July 14, 2025.
  • 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.
Sep 15, 2025, 8:12 PM
Dave & Buster's Entertainment Reports Second Quarter Fiscal 2025 Financial Results and CEO Appointment
PLAY
Earnings
CEO Change
New Projects/Investments
  • 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%.
  • 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.
  • Tarun Lal was appointed Chief Executive Officer and a member of the Board of Directors effective July 14, 2025.
  • 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.
Sep 15, 2025, 8:05 PM

Quarterly earnings call transcripts for Dave & Buster's Entertainment.