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EX-99

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EX-99.1

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Exhibit 99.1

Dave & Buster’s Reports First Quarter 2026 Financial Results

DALLAS, June 15, 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 first quarter of fiscal 2026 ended May 5, 2026.

First Quarter 2026 Financial Summary

•Revenue of $559.2 million decreased 1.5% from the first quarter of fiscal 2025.

•Comparable store sales decreased 5.4% compared to the same calendar period in fiscal 2025.

•Net income totaled $5.7 million, or $0.16 per diluted share, compared to net income of $21.7 million, or $0.62 per diluted share in the first quarter of fiscal 2025. Adjusted net income1 totaled $7.8 million, or $0.22 per diluted share, compared to Adjusted net income1 of $26.7 million, or $0.76 per diluted share in the first quarter of fiscal 2025.

•Adjusted EBITDA1 was $123.2 million compared to $136.1 million in the first quarter of fiscal 2025.

•Adjusted free cash flow2 was positive $25.3 million compared to negative $58.8 million in the first quarter of fiscal 2025.

Additional Events and Commentary

•The Company opened one new domestic store in the first quarter and has opened three additional domestic stores in the second quarter.

•The Company has completed remodels of six Dave & Buster’s stores thus far in fiscal 2026 and expects to complete two additional Dave & Buster’s store remodels during the remainder of fiscal 2026.

•The Company opened its fifth international franchise store in May and sixth international franchise store in June, and expects to open at least one additional international franchise store during the remainder of fiscal 2026.

“While first quarter results fell short of expectations, our back-to-basics strategy is gaining clear traction,” said Tarun Lal, Chief Executive Officer. “We are driving meaningful progress across food and beverage, marketing, and our refreshed remodel program, which are delivering a sharper value proposition and driving a stronger guest experience. We have the right strategy, the right team, and the right momentum, and we are highly confident in our ability to drive positive comps for the remainder of the year while generating over $100 million in free cash flow in fiscal 2026.”

1     Adjusted EBITDA and Adjusted net income are non-GAAP financial measures. Please see the discussion under Non-GAAP Measures and the reconciliations at the end of this release for additional information concerning these and other non-GAAP financial measures.

2     Adjusted free cash flow is a non-GAAP financial measure. Adjusted free cash flow equals Net Cash Provided by Operating Activities less Capital Expenditures plus Payments from landlords (sale leaseback transactions). Please see the Company’s Quarterly Report on From 10-Q for additional information regarding these values.

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Cash Flow and Liquidity

The Company generated $25.3 million in Adjusted free cash flow during the first quarter, ending the quarter with $499.1 million of available liquidity.1

Quarterly Report on Form 10-Q Available

The Company’s Quarterly Report on Form 10-Q, which will be available at www.sec.gov and on the Company’s investor relations website, contains a thorough review of its financial results for the first quarter ended May 5, 2026.

Investor Conference Call and Webcast

Management will host a conference call to discuss these results on Monday, June 15, 2026 at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). Both the live and archived webcasts of the conference call will be available at ir.daveandbusters.com. Participants in the U.S. can access the conference call by dialing toll-free (888) 596-4144, and international participants can access by dialing +1 (646) 968-2525. The conference ID is 2926680. A replay will be available after the call beginning at 6:00 p.m. Central Time (7:00 p.m. Eastern Time) and can be accessed by dialing toll-free (800) 770-2030 or by the toll number +1 (609) 800-9909. The replay conference ID is also 2926680.

About Dave & Buster’s Entertainment, Inc.

Founded in 1982 and headquartered in Coppell, Texas, Dave & Buster's Entertainment, Inc. is the owner and operator of 247 stores in North America that offer premier entertainment and dining experiences to guests through two distinct brands: Dave & Buster’s and Main Event. The Company has 182 Dave & Buster’s branded stores in 43 states, Puerto Rico, and Canada and offers guests the opportunity to “Eat Drink Play and Watch” all in one location. Each store offers a full menu of entrées and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. The Company also operates 65 Main Event branded stores in 23 states across the countr

EX-99

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EX-99.1

Document

Exhibit 99.1

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 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 international franchise locations to four.

•The Company ended the fourth quarter of fiscal 2025 with $482.9 million of liquidity, which included $16.6 million in cash and $466.3 million available under its $650.0 million revolving credit facility, net of letters of credit.

1 Adjusted net income (loss) and Adjusted EBITDA are non-GAAP financial measures. Please see the discussion under Non-GAAP Measures and the reconciliations at the end of this release for additional information concerning these and other non-GAAP financial measures.

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“I am pleased to report that our back-to-basics strategy continues to gain meaningful traction, with same-store sales trends improving throughout the prior year,” said Tarun Lal, Chief Executive Officer. “Since joining the company nine months ago, I have become even more confident in our ability to dramatically improve operating results, driven by standout progress in our food and beverage offering, disciplined marketing, and a sharper value proposition for our guests.

In 2026, we will make meaningful improvements to the business, sharpening our marketing to drive brand consideration, refining our pricing and menu architecture, launching a powerful lineup of culturally relevant new games, and implementing our refreshed remodel program. We have also significantly strengthened our leadership team and are prioritizing our field operations and culture, because we know that exceptional execution and guest experience will ultimately drive traffic and sales. We believe we have the right strategy, the right team, and the right momentum to create meaningful value for our guests and shareholders. To that end, during fiscal 2026, we fully expect to deliver an increase in same store sales, revenue, Adjusted EBITDA and to generate more than $100 million in free cash flow.”

Annual Report on Form 10-K Available

The Company’s Annual Report on Form 10-K, which will be available at www.sec.gov and on the Company’s investor relations website, contains a review of its financial results for the fiscal year ended February 3, 2026.

Investor Conference Call and Webcast

Management will host a conference call to discuss these results on Tuesday, March 31, 2026, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). Both the live and archived webcasts of the conference call will be available at ir.daveandbusters.com. Participants in the U.S. can access the conference call by dialing toll-free (877)

play-20251209false000152576900015257692025-12-092025-12-0900015257692025-09-152025-09-15

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 9, 2025

DAVE & BUSTER’S ENTERTAINMENT, INC.

(Exact name of registrant as specified in its charter)

Delaware001-3566435-2382255 (State of incorporation) (Commission File Number) (IRS Employer Identification Number)

1221 S. Belt Line Rd., Suite 500 Coppell, TX 75019

(Address of principal executive offices)

Registrant’s telephone number, including area code: (214) 357-9588 Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the reporting obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act ☐ Soliciting material pursuant to Rule 14a-12 of the Exchange Act ☐ Pre-commencement communications pursuant to Rule 14d-2(b) Exchange Act ☐ Pre-commencement communications pursuant to Rule 13e-4(c) Exchange Act

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock $0.01 par valuePLAYNASDAQ Stock Market LLC

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 2 – Financial Information Item 2.02.    Results of Operations and Financial Condition. The information contained in Item 2.02 of this Current Report on Form 8-K, including the Exhibit attached hereto, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Furthermore, the information contained in Item 2.02 of this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended. On December 9, 2025, Dave & Buster’s Entertainment, Inc. (the “Company”) issued a press release announcing results its third quarter 2025 results. A copy of this Press Release is attached hereto as Exhibit 99.1.

Section 9 – Financial Statements and Exhibits Item 9.01.    Financial Statements and Exhibits (d)Exhibits.

99.1 Press release dated 12/09/2025.

104Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DAVE & BUSTER’S ENTERTAINMENT, INC.

Date: December 9, 2025 By:/s/ Darin Harper

Darin Harper

Chief Financial Officer

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