Dave & Buster's Entertainment Inc
NASDAQ:PLAY

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Dave & Buster's Entertainment Inc Logo
Dave & Buster's Entertainment Inc
NASDAQ:PLAY
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Price: 12.88 USD -4.45% Market Closed
Market Cap: $446.7m

Dave & Buster's Entertainment Inc
Investor Relations

Dave & Buster's Entertainment Inc. stands as a unique player in the American entertainment and dining industry, combining the excitement of a bustling arcade with the social joy of a full-service restaurant. Established in 1982 by David Corriveau and James "Buster" Corley, the company carved a niche by offering a dual-experience model that sets it apart from traditional dining or gaming venues. Each of its locations is a lively synthesis of interactive entertainment, with cutting-edge arcade games set alongside billiards tables and much more. Managed as a seamless ecosystem, the business is designed to offer guests a memorable time, whether they are casually dining, indulging in gaming or hosting corporate events.

The financial backbone of Dave & Buster's is structurally twofold—food and beverage sales paired strategically with amusement and gaming revenue. This model leverages a high-margin gaming business with a robust, although lower-margin, food and beverage operation. In essence, Dave & Buster's thrives on its ability to attract a broad demographic seeking leisure and recreation, monetizing each visit through bundled entertainment packages and menu offerings that appeal to families, young adults, and even corporate clientele. They synchronize promotional events and marketing strategies to maximize guest traffic and spending, creating a synergetic cycle between food sales and game plays. It's this dynamic blend of dining and entertainment that fuels the steady draw of patrons and positions the company solidly within the consumer discretionary sector.

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Last Earnings Call
Fiscal Period
Q4 2026
Call Date
Mar 31, 2026
AI Summary
Q4 2026

Sales trend: Dave & Buster's said same-store sales improved for six straight fiscal months at the Dave & Buster's brand, ending February roughly flat after adjusting for the Winter Storm Fern impact.

Q4 results: Fourth-quarter comparable store sales fell 3.3%, but management said they would have been down 1.5% excluding the winter storm. Revenue was $530 million and adjusted EBITDA was $111 million.

FY 2026 outlook: Management said it is highly confident FY 2026 will deliver higher same-store sales, revenue and adjusted EBITDA, and expects more than $100 million of free cash flow.

Growth drivers: The company highlighted stronger food and beverage performance, better guest attachment to Eat & Play Combo, more promotion-driven traffic, and a major reset in marketing, games and operations.

Capital discipline: Dave & Buster's said net CapEx in FY 2026 will be no greater than $200 million as it focuses on higher-return projects, remodels and store openings.

Strategic reset: Management repeatedly described the business as being at an inflection point, with a “back to basics” plan centered on traffic, guest experience, new games, and tighter execution.

Key Financials
Comparable store sales
-3.3%
Comparable store sales excluding winter storm
-1.5%
Revenue
$530 million
Net loss
$40 million
Earnings per share
-$1.15
Adjusted net loss
$12 million
Adjusted earnings per share
-$0.35
Adjusted EBITDA
$111 million
Adjusted EBITDA margin
21%
Food and beverage same-store sales
approximately 7%
Special events growth
nearly 7%
Eat & Play Combo opt-in rate
approximately 16%
Same-store sales improvement at remodeled stores
approximately 700 basis points
Operating cash flow
$103 million
Cash
$17 million
Total liquidity
$483 million
CapEx
approximately $270 million
New store openings
11
International locations
4
Earnings Call Recording
Other Earnings Calls

Management

Mr. Tony Wehner
Chief Operating Officer
No Bio Available
Ms. Megan Tobin
Chief Marketing Officer
No Bio Available
Mr. John B. Mulleady
Chief Development Officer
No Bio Available
Mr. Darin E. Harper
Chief Financial Officer
No Bio Available
Mr. Steven Klohn
Chief Information Officer
No Bio Available
Mr. Cory Hatton
VP of Investor Relations & Treasurer
No Bio Available
Ms. Humera Kassem
Chief People Officer
No Bio Available
Mr. Antonio Bautista
Chief International Development Officer
No Bio Available
Mr. Les L. Lehner
Chief Procurement Officer & Head of Main Event Development
No Bio Available
Simon Murray
Senior Vice President, Entertainment & Amusements
No Bio Available

Contacts

Address
TEXAS
Dallas
2481 Manana Dr
Contacts
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