Dave & Buster’s Entertainment, Inc. announced its financial results for the second quarter of fiscal 2026, which ended on August 4, 2026. The company reported a net loss of $12.5 million, or $0.36 per diluted share, compared to a net income of $11.4 million, or $0.32 per diluted share, in the prior year period. Total revenue for the quarter was $544.1 million, representing a decrease of 2.4% from the second quarter of fiscal 2025.
On a comparable store sales basis, the company saw a decline of 2.9% compared to the same calendar period in fiscal 2025. However, the company noted that same-store sales improved in July and continued to improve during the third quarter to date. Adjusted EBITDA for the quarter was $98.9 million, a decrease from $129.8 million in the prior year. Adjusted free cash flow for the six months ended August 4, 2026, was positive $19.5 million, compared to negative $36.5 million through the end of the six months ended August 5, 2025.
During the quarter, the company opened six new domestic stores. It expects to complete two additional store remodels during the remainder of fiscal 2026, bringing the total number of remodels completed in fiscal 2026 to eight. The company also has six international franchise stores and expects to open at least one additional international franchise store during the remainder of fiscal 2026.
As of August 4, 2026, the company had 250 company-owned stores. The company ended the quarter with $492.1 million of available liquidity, defined as cash and cash equivalents plus availability under its $650.0 million revolving credit facility.
