Earnings summaries and quarterly performance for Dave & Buster's Entertainment.
Executive leadership at Dave & Buster's Entertainment.
Tarun Lal
Detailed
Chief Executive Officer
CEO
AB
Antonio Bautista
Detailed
Chief International Development Officer
DH
Darin Harper
Detailed
Chief Financial Officer
HK
Humera Kassem
Detailed
Chief People Officer
LL
Les Lehner
Detailed
Chief Development Officer
MT
Megan Tobin
Detailed
Chief Marketing Officer
RR
Rodolfo Rodriguez Jr.
Detailed
Chief Legal Officer and Corporate Secretary
SK
Steve Klohn
Detailed
Chief Information Officer
TW
Tony Wehner
Detailed
Chief Operating Officer
Board of directors at Dave & Buster's Entertainment.
Research analysts who have asked questions during Dave & Buster's Entertainment earnings calls.
Brian Vaccaro
Raymond James Financial, Inc.
10 questions for PLAY
Also covers: BLMN, CAKE, CAVA +7 more
Andrew Strelzik
BMO Capital Markets
9 questions for PLAY
Also covers: ADM, BG, BLMN +17 more
Andrew Barish
Jefferies
8 questions for PLAY
Also covers: BROS, CAKE, CAVA +10 more
JB
Jake Bartlett
Truist Securities
8 questions for PLAY
Also covers: CBRL, DENN, DIN +11 more
DG
Dennis Geiger
UBS
7 questions for PLAY
Also covers: BLMN, BROS, CAKE +18 more
Brian Mullan
Piper Sandler
5 questions for PLAY
Also covers: BJRI, BLMN, BROS +19 more
EW
Eric Wold
B. Riley Securities
5 questions for PLAY
Also covers: AMC, BOWL, CNK +14 more
Jeffrey Farmer
Gordon Haskett Research Advisors
5 questions for PLAY
Also covers: BLMN, BROS, CAKE +7 more
SZ
Sharon Zackfia
William Blair & Company
5 questions for PLAY
Also covers: BIRK, BJRI, BROS +16 more
TB
Todd Brooks
The Benchmark Company
4 questions for PLAY
Also covers: BJRI, CBRL, CHEF +17 more
Mike Hickey
The Benchmark Company LLC
3 questions for PLAY
Also covers: CNK, EA, GAMB +8 more
Jared Hludzinski
BMO Capital Markets
1 question for PLAY
Also covers: BLMN, WEN
YG
Yan Gao
BMO Capital Markets
1 question for PLAY
Recent press releases and 8-K filings for PLAY.
Dave & Buster's Reports Q3 2025 Financial Results and Operational Progress
PLAY
Earnings
New Projects/Investments
Demand Weakening
- Dave & Buster's reported Q3 2025 revenue of $448 million and an adjusted net loss of $39 million, or $1.14 per diluted share.
- Comparable store sales decreased 4% in Q3 2025, but showed sequential improvement, with October down approximately 1% and similar trends continuing into November.
- The company's "Back-to-Basics" plan is driving measurable improvements, including positive same-store sales for food and beverage due to a new menu launch, and a pipeline of 10 new games for 2026.
- Dave & Buster's opened 4 new domestic stores in Q3 2025, contributing to 9 year-to-date openings towards a fiscal 2025 target of 11 domestic stores and 1 relocation.
- The company generated $58 million in operating cash flow during Q3 2025, ending the quarter with $442 million in total liquidity.
Dec 9, 2025, 10:00 PM
Dave & Buster's Reports Q3 2025 Financial Results and Operational Progress
PLAY
Earnings
New Projects/Investments
Management Change
- Dave & Buster's reported Q3 2025 revenue of $448 million, a net loss of $42 million, and adjusted EBITDA of $59 million.
- Comparable store sales decreased 4% in Q3 2025 but showed sequential improvement, with October down only approximately 1%, a trend that continued into November.
- The company's "Back-to-Basics" plan is driving measurable improvements, including positive same-store sales for food and beverage due to a new menu, and a pipeline of 10 new games for 2026.
- Dave & Buster's opened four new domestic stores in Q3 2025, bringing the year-to-date total to nine, and plans to open six new remodels in the next five months, which have shown a 700 basis point positive impact.
- The leadership team has been enhanced with three new executives, and the company is focused on cost management to support continued margin expansion.
Dec 9, 2025, 10:00 PM
Dave & Buster's Reports Q3 2025 Results with Sequential Sales Improvement
PLAY
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Dave & Buster's reported Q3 2025 revenue of $448 million, a net loss of $42 million, and adjusted EBITDA of $59 million, with comparable store sales decreasing 4% versus the prior year.
- The company observed sequential improvement in same-store sales throughout Q3 2025, with October's comparable store sales down approximately 1%, a trend that continued into November.
- A new menu launched in October delivered strong results, contributing to positive same-store sales for food and beverage during the quarter, with October being the best month of the year for food sales.
- Operational initiatives include a pipeline of 10 new games for 2026, a revamped remodel program with three new remodels under construction and six planned to open in the next five months, and the opening of nine new domestic stores year-to-date in FY 2025.
- The company is also expanding internationally, having opened one franchise location in Q3 2025 and expecting four more international openings over the next six months, with agreements for over 35 additional stores in the coming years.
Dec 9, 2025, 10:00 PM
Dave & Buster's Reports Q3 2025 Financial Results
PLAY
Earnings
New Projects/Investments
Demand Weakening
- Dave & Buster's reported third quarter revenue of $448.2 million, a 1.1% decrease compared to the third quarter of fiscal 2024, with comparable store sales decreasing 4.0%.
- The company posted a net loss of $42.1 million, or $1.22 per diluted share, and an Adjusted net loss of $39.4 million, or $1.14 per diluted share for Q3 2025.
- Adjusted EBITDA for the third quarter was $59.4 million, compared to $68.3 million in the third quarter of fiscal 2024.
- Operationally, the company opened one new domestic Dave & Buster's store and three new Main Event stores in Q3 2025, and anticipates opening two additional domestic Dave & Buster's stores in Q4, for a total of 11 new stores and one relocation in fiscal 2025.
- The CEO highlighted sequential improvement in same-store sales each month during Q3, with the final month down approximately one percent, and positive same-store sales for food and beverage.
Dec 9, 2025, 9:11 PM
Dave & Buster's Entertainment Reports Third Quarter Fiscal 2025 Financial Results
PLAY
Earnings
Demand Weakening
New Projects/Investments
- Dave & Buster's Entertainment reported third quarter fiscal 2025 revenue of $448.2 million, marking a 1.1% decrease compared to the prior year, with comparable store sales decreasing 4.0%.
- The company posted a net loss of $42.1 million, or $1.22 per diluted share, for the third quarter of fiscal 2025, compared to a net loss of $32.7 million, or $0.84 per diluted share, in the third quarter of fiscal 2024.
- Adjusted EBITDA for the third quarter was $59.4 million, a decrease from $68.3 million in the third quarter of fiscal 2024.
- The company generated $58.0 million in operating cash during the third quarter and ended the period with $441.9 million of available liquidity.
- During the third quarter, Dave & Buster's opened one new domestic Dave & Buster's store and three new Main Event stores, and expects to open two additional domestic Dave & Buster's stores in the fourth quarter, totaling 11 new stores and one relocation in fiscal 2025.
Dec 9, 2025, 9:05 PM
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.
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