The steep miss on both revenue and EPS, combined with declining comps, indicates weakening consumer spending at entertainment venues. Monitor next quarter's comps and any guidance updates; the high leverage (3.3x) increases risk if trends persist.
Price Chart
Executive Summary
Dave & Buster's reported Q1 fiscal 2026 results sharply below consensus: GAAP EPS of $0.16 missed the $0.66 estimate by 76%, and revenue of $559.2M fell 1.5% YoY and missed the $578.4M consensus. Comparable store sales declined 5.4%, and adjusted EBITDA dropped to $123.2M from $136.1M. The severe miss signals weakening consumer demand and operational challenges.
Key Financial Metrics
Key Facts
- Revenue $559.2M, down 1.5% YoY from $567.7M
- Comparable store sales decreased 5.4%
- GAAP diluted EPS $0.16 vs $0.62 YoY; adjusted diluted EPS $0.22 vs $0.76 YoY
- Adjusted EBITDA $123.2M vs $136.1M YoY
- Net income $5.7M vs $21.7M YoY
- Opened one new domestic store in Q1; three additional in Q2
- Net total leverage ratio 3.3x; available liquidity $499.1M
Financial Impact
Revenue miss of $19.2M (3.3%) and EPS miss of $0.50 (75.8%) vs consensus; operating income fell 26% YoY
Risk Factors
- Continued comparable store sales decline
- High net leverage (3.3x) may constrain financial flexibility
- Potential covenant pressure if EBITDA continues to fall
- Consumer discretionary spending headwinds
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3312135 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G | $7.14 | awaiting T+60 | — | $7.58 (+6.16%) |
Sep 21, 2026 5w ago | 8-K | $6.79 | awaiting T+60 | — | $7.58 (+11.63%) |
Sep 17, 2026 5w ago | Insider Buy | $6.73 | awaiting T+60 | — | $7.58 (−12.63%) |
Sep 17, 2026 5w ago | Insider Buy | $6.73 | awaiting T+60 | — | $7.58 (+12.63%) |
Sep 14, 2026 6w ago | 8-K | $6.86 | awaiting T+60 | — | $7.58 (−10.50%) |
Sep 14, 2026 6w ago | Press Release | $6.86 | awaiting T+60 | — | $7.58 (−10.50%) |
Jun 15, 2026 19w ago | 8-K | $11.55 $8.17 | ▲ +29.26% | ▲ +30.26% | $7.58 (+34.37%) |
Jun 15, 2026 19w ago | Press Release | $11.55 $8.17 | ▲ +29.26% | ▲ +30.26% | $7.58 (+34.37%) |
Jun 11, 2026 19w ago | Institutional Cluster | $13.18 $8.72 | ▲ +33.84% | ▲ +38.23% | $7.58 (+42.49%) |
Mar 31, 2026 30w ago | 8-K | $12.57 $11.33 | ▲ +9.86% | ▲ +23.24% | $7.58 (+39.70%) |
US Market Status
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