Dave & Buster's Entertainment, Inc. Reports First Quarter 2026 Financial Results

Dave & Buster's Entertainment, Inc. announced its first quarter 2026 financial results, reporting total revenues of $559.2 million, a 1.5% decrease from the prior year. Comparable store sales declined by 5.4%. Net income was $5.7 million, or $0.16 per diluted share, down from $21.7 million, or $0.62 per diluted share, in the first quarter of fiscal 2025. Adjusted net income was $7.8 million ($0.22 per diluted share), compared to $26.7 million ($0.76 per diluted share) in the prior year. Adjusted EBITDA was $123.2 million, a decrease from $136.1 million in Q1 2025. However, Adjusted free cash flow turned positive at $25.3 million, an improvement from negative $58.8 million in the prior year's quarter. The company opened one new domestic store and three international franchise stores during the period and plans further expansion and remodels. Despite falling short of expectations, the CEO expressed confidence in the company's strategy and outlook for positive comparable sales and significant free cash flow generation for fiscal 2026.