Dave & Buster's, a publicly owned company founded in 1982 and headquartered in the US, operates a chain of entertainment venues. These locations combine restaurant and sports bar services with a large arcade featuring various games. The company also offers food and beverage options, large-screen televisions for viewing sporting events, and event booking capabilities for private functions. Dave & Buster's employs approximately 6,900 people and provides customers with a rewards program and a mobile application.
Dave & Buster's experienced challenges in the family dining and entertainment sector, including sales declines and location closures, with customer complaints citing high prices and food quality issues. In the second quarter of 2025, the company reported earnings that missed expectations, with an EPS of $0.40 compared to the expected $0.88. Revenue reached $557 million, net income was $11 million, and adjusted EBITDA was $130 million. The company's second-quarter 2025 results also showed flat year-on-year sales at $557.4 million, missing Wall Street's revenue expectations, and a non-GAAP profit of $0.40 per share, significantly below analyst estimates. A new CEO, Tarun Lal, announced a plan to address operational issues and improve same-store sales and free cash flow by focusing on marketing, food and beverage operations, games, and remodels. In the second quarter of 2026, revenue remained flat year-on-year at US$557.4 million, but net income decreased by 72% to US$11.4 million, resulting in a profit margin of 2.0%.
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