Dave & Buster's(US:PLAY) Benzinga·2025-09-16 15:10Core Insights - Dave & Buster's Entertainment Inc reported weaker-than-expected second-quarter results, with revenue of $557.41 million, missing analyst estimates of $562.78 million, and adjusted earnings of 40 cents per share, falling short of the expected 92 cents per share [1] Financial Performance - Second-quarter revenue: $557.41 million, below estimates of $562.78 million [1] - Adjusted earnings per share: 40 cents, missing the expected 92 cents [1] - Share price decline: fell 16.5% to $20.21 following the earnings announcement [3] Management Commentary - CEO Tarun Lal emphasized the strength of the company's brands and business model, highlighting the dedication of teams and customer loyalty observed during store visits [2] Sales Trends and Future Outlook - Same-store sales trends in the third quarter are consistent with the end of the second quarter [3] - The company plans to open at least five additional international franchise stores in the next six months [3] Analyst Reactions - UBS analyst Dennis Geiger maintained a Neutral rating and lowered the price target from $29 to $25 [8] - Truist Securities analyst Jake Bartlett maintained a Hold rating and reduced the price target from $27 to $22 [8]