---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-016940"
form_type: "8-K"
ticker: "PLAY"
cik: "0001525769"
company_name: "Dave & Buster's Entertainment, Inc."
filed_at: "2025-04-07T23:59:59+00:00"
generated_at: "2026-05-23T19:39:05.585138+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dave & Buster's Q4 revenue $534.5M (-10.8%), EPS $0.24 vs $0.88; $111M sale-leaseback

## Summary
- Q4 revenue $534.5M (-10.8%), comparable store sales -9.4%; net income $9.3M ($0.24 diluted) vs $36.2M ($0.88).
- Adjusted EBITDA $127.2M (23.8% of revenue), down 16.2% YoY; full-year adjusted EBITDA $506.2M.
- FY2024 share repurchases $172M (12.4% of outstanding); remaining authorization ~$104M as of April 7, 2025.
- Closed sale-leaseback of five properties for $111.4M; opened 14 new stores in FY2024 and first franchise in India.
- Fiscal 2025 outlook: capex <$220M, pre-opening ~$20M, cash interest $130-140M.

## SEC filing metadata
- accession: 0001628280-25-016940
- form_type: 8-K
- ticker: PLAY
- cik: 0001525769
- company_name: Dave & Buster's Entertainment, Inc.
- filed_at: 2025-04-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1525769/000162828025016940/0001628280-25-016940-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1525769/000162828025016940/play-20250407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-016940
- JSON: https://secwatch.observer/filing/0001628280-25-016940.json
- Plain text: https://secwatch.observer/filing/0001628280-25-016940.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.