Dave & Buster's Entertainment(NASDAQ) PLAY

Dave & Buster's gives people a place to play and eat together. It helps families and friends find fun in one building. The company makes money from games, food, and drinks.

What Is on the Menu?

• Entertainment: Arcade games, bowling, and live sports viewing; accounts for 61.7% of revenue.
• Food: Full-service dining featuring main courses and appetizers; accounts for 26.6% of revenue.
• Beverages: Selection of alcoholic and non-alcoholic drinks; accounts for 11.7% of revenue.

New Brands and Big Moves

• Acquired and integrated Main Event to expand its reach into family-focused entertainment.
• Opened one new Dave & Buster's branded store during the three months ended May 5, 2026.
• Amended a credit agreement in November 2024 to redeem $440 million of outstanding notes.
• Authorized a share repurchase program in March 2023 with a total limit of $600 million.

Combining Games and Dining

The company manages large venues that blend gaming and dining to keep guests in stores longer. It uses a specific site selection model to open locations in both new and existing markets.

A Look at the Numbers

• Total revenue was $559.2 million in the three-month period ended May 5, 2026, down 1.5% year-over-year.
• Net income was $5.7 million in the three-month period ended May 5, 2026, down from $21.7 million.
• Adjusted EBITDA, a non-GAAP measure, was $123.2 million in the first quarter of fiscal 2026.
• Comparable store sales decreased 5.4% during the calendar period ended May 5, 2026.
• Total debt was $1.54 billion as of May 5, 2026.

Bottom Line

Dave & Buster's has evolved into a multi-brand operator by combining high-tech gaming with full-service hospitality. This strategy focuses on growing customer spending through a mix of entertainment and dining options.