Dave & Buster's Entertainment, Inc. oversees and manages hospitality and amusement establishments designed for both adults and families throughout North America. These locations present guests with a varied menu featuring main courses and appetizers, complemented by a selection of both alcoholic and non-alcoholic drinks. Furthermore, they boast an array of entertainment offerings, centered around video games, live sports broadcasts, and other televised events. The company exclusively operates these venues under the well-known Dave & Buster's brand. As of January 30, 2022, its portfolio included 144 individual sites spread across 40 U.S. states, Puerto Rico, and one Canadian province. Founded in 1982, the firm's corporate headquarters are situated in Coppell, Texas.
Dave & Buster’s Reports Second Quarter 2026 Financial Results
Dave & Buster's reported Q2 fiscal 2026 revenue of $544.1 million, down 2.4% year-over-year, with comparable store sales down 2.9%. The company swung to a net loss of $12.5 million, or $0.36 per diluted share, versus net income of $11.4 million a year earlier, while Adjusted EBITDA fell to $98.9 million from $129.8 million.
Management highlighted improving trends: overall same-store sales improved in July and continued improving in the third quarter to date, remodels are outperforming the system, and food and beverage plus special events sales are growing. Adjusted free cash flow turned positive at $19.5 million for the six months ended August 4, 2026, versus negative $36.5 million a year ago.
The company opened six new domestic stores in the quarter, ending with 250 locations, and reported $492.1 million of available liquidity against a 3.5x net total leverage ratio. Notably, quarterly net interest expense of $38.0 million exceeded Q2 operating income of $19.4 million.