Dave & Buster's Entertainment, Inc. (PLAY) Q2 FY2026 earnings

Reported results

• Revenue of $544.1 million decreased 2.4% from Q2 fiscal 2025; comparable store sales decreased 2.9%
• Net loss of $12.5 million, or $0.36 net loss per diluted share (GAAP), compared to net income of $11.4 million, or $0.32 per diluted share in Q2 fiscal 2025
• Adjusted net loss of $9.5 million, or $0.27 Adjusted net loss per diluted share (non-GAAP), compared to Adjusted net income of $14.2 million, or $0.40 per diluted share in Q2 fiscal 2025
• Adjusted EBITDA of $98.9 million (non-GAAP) compared to $129.8 million in Q2 fiscal 2025
• Adjusted free cash flow of $19.5 million (non-GAAP) for six months ended August 4, 2026 compared to negative $36.5 million for six months ended August 5, 2025
• Company opened six new domestic stores in Q2 and ended the period with 250 company-owned stores; expects to complete eight total remodels in fiscal 2026

Guidance

• Expects to complete two additional Dave & Buster’s store remodels during the remainder of fiscal 2026, bringing total remodels completed in fiscal 2026 to eight
• Expects to open at least one additional international franchise store during the remainder of fiscal 2026

Notes

The company reported that as of the quarter ended, management noted improved same-store sales in July and continued improvement in overall same-store sales during the third quarter to date. Adjusted EBITDA, Adjusted net income (loss), and Adjusted free cash flow are non-GAAP measures; reconciliations provided in release.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-14 (8-K, Item 2.02). Read the original filing on sec.gov.