Business
Dave & Buster’s Reports Fourth Quarter and Fiscal Year End 2025 Financial Results
DALLAS, March 31, 2026 (GLOBE NEWSWIRE) -- Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY), (“Dave & Buster’s” or “the Company”), an owner, operator, and
About this update from Dave & Buster's Entertainment, Inc.
[{"type":"text","content":"DALLAS, March 31, 2026 (GLOBE NEWSWIRE) -- Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY), (“Dave & Buster’s” or “the Company”), an owner, operator, and franchisor of entertainment and dining venues, today announced financial results for its fourth quarter and fiscal year ended February 3, 2026. Fourth Quarter 2025 Financial Summary Revenue of $529.6 million decreased 0.9% from the fourth quarter of fiscal 2024.Comparable store sales decreased 3.3% compared to the same calendar period of fiscal 2024. Excluding the impact from Winter Storm Fern in January, management estimates that fourth quarter comparable store sales would have decreased approximately 1.5%.Net loss totaled $39.8 million, or $1.15 per diluted share, compared with net income of $9.3 million, or $0.24 per diluted share in the fourth quarter of fiscal 2024. Adjusted net loss1 totaled $12.0 million, or $0.35 per diluted share, compared with an Adjusted net income1 of $25.3 million, or $0.66 per diluted share in the fourth quarter of fiscal 2024.Adjusted EBITDA1 was $111.4 million, compared to $127.2 million in the fourth quarter of fiscal 2024. Management estimates that Adjusted EBITDA in the fourth quarter would have been approximately $5 million higher were it not for the impact from Winter Storm Fern in the month of January. Fiscal 2025 Financial Summary Revenue of $2.1 billion decreased 1.4% from fiscal 2024.Comparable store sales decreased 5.0% compared to the same calendar period in fiscal 2024.Net loss totaled $48.7 million, or $1.40 per share, compared with net income of $58.3 million, or $1.46 per diluted share in fiscal 2024. Adjusted net loss1 totaled $10.6 million, or $0.30 per diluted share, compared with an Adjusted net income1 of $95.6 million, or $2.39 per diluted share in fiscal 2024.Adjusted EBITDA was $436.6 million compared to $506.2 million in fiscal 2024. Additional Events and Commentary The Company opened two new stores in the fourth quarter for a total of 11 new stores (eight Dave & Buster's and three Main Events) in fiscal 2025.The Company remodeled 16 Dave & Buster’s stores in fiscal 2025 bringing the grand total to 51 recently remodeled Dave & Buster’s stores since this remodel program began in the second half of fiscal 2023.The Company opened three international franchise locations in fiscal 2025, bringing its total number of interna...