Dave & Buster's Entertainment, Inc. filings document the reporting obligations of an owner, operator and franchisor of entertainment and dining venues. Form 8-K reports furnish quarterly and annual operating results, financial condition updates and material governance events, including director appointments, executive appointments and compensation arrangements.
Proxy materials cover board elections, shareholder voting matters, executive compensation and equity incentive plan approvals. Earnings exhibits provide formal disclosure on revenue trends, comparable store sales, non-GAAP measures, liquidity and the operating profile of the Dave & Buster's and Main Event brands.
BlackRock, Inc. amends its Schedule 13G reporting beneficial ownership of 2,084,177 shares (6.0%) of DAVE AND BUSTERS ENTERTAINMENT INC. The filing, dated 03/31/2026 on the cover page and signed 04/07/2026, states sole voting power for 2,053,554 shares and sole dispositive power for 2,084,177 shares. The disclosure attributes holdings to certain Reporting Business Units of BlackRock and notes various other persons may have rights to dividends or proceeds; no single outside person holds over 5%.
Wehner Tony reported acquisition or exercise transactions in this Form 4 filing.
Dave & Buster's Entertainment, Inc. granted Pres. Operations, Main Event Tony Wehner 11,737 restricted stock units under the company’s 2025 Omnibus Incentive Plan. These RSUs vest in three installments: 3,912 units on January 1, 2027, 3,912 units on January 1, 2028, and 3,913 units on January 1, 2029. Following this award, Wehner directly holds 76,740 shares of common stock, reflecting his ongoing equity-based compensation and alignment with shareholders.
Dave & Buster’s Entertainment, Inc. reports on its fiscal 2025 operations as a large accelerated filer and operator of 243 North American entertainment-and-dining venues under the Dave & Buster’s and Main Event brands.
As of February 3, 2026 the company ran 179 Dave & Buster’s stores in 43 states, Puerto Rico and Canada, plus 64 Main Event centers in 22 U.S. states, with four international franchised Dave & Buster’s locations.
Entertainment, led by arcade and redemption games activated via stored-value cards, generated approximately 62.9% of fiscal 2025 revenue and carried a 91.9% gross margin. Management highlights multi-format store economics, international franchising plans for 37 additional units, heavy use of technology, and a workforce of about 23,610 team members as key elements of its growth and risk profile.
Dave & Buster’s Entertainment, Inc. reported weaker results for the fourth quarter and fiscal year 2025. Fourth quarter revenue was $529.6 million, down 0.9% year over year, with comparable store sales down 3.3%, or an estimated 1.5% excluding Winter Storm Fern. The quarter swung to a net loss of $39.8 million, or $1.15 per diluted share, versus net income of $9.3 million a year earlier, and Adjusted EBITDA fell to $111.4 million from $127.2 million. For fiscal 2025, revenue was $2.1 billion, down 1.4%, and the company posted a net loss of $48.7 million versus net income of $58.3 million in fiscal 2024, while Adjusted EBITDA declined to $436.6 million from $506.2 million. Management highlighted ongoing remodels, new store openings, international franchising, liquidity of $482.9 million, and expressed expectations for 2026 increases in same-store sales, revenue, Adjusted EBITDA and more than $100 million in free cash flow.
Dave & Buster's Entertainment, Inc. Chief Financial Officer Darin Harper reported compensation-related equity changes. On October 7, 2025, he was granted 22,026 restricted stock units that vest in three equal installments on July 14 of 2026, 2027 and 2028, bringing his direct common stock holdings to 102,498 shares.
He also received stock options for 22,026 shares at a $22.70 exercise price, 60,327 shares at a $22.70 exercise price, and 47,934 shares at a $34.05 exercise price, all expiring in 2035 and vesting based on time and stock-price performance hurdles. Separately, 41,477 performance-based restricted stock units granted in 2024 were canceled and returned to the issuer. The filing also corrects prior ownership totals that understated his holdings by 22,026 shares due to an administrative error.
Dave & Buster's Entertainment, Inc. senior vice president and chief legal officer Rodolfo Rodriguez Jr reported new equity awards. On October 7, 2025, he received 8,811 restricted stock units, which will vest in three equal annual installments on July 14, 2026, 2027 and 2028. He was also granted stock options covering 26,923 shares with a $22.70 exercise price that vest on the same schedule, and options on 16,694 shares with a $34.05 exercise price that vest only if specific share price targets are met before February 1, 2028. Following the stock award, his directly held common stock position is 22,887 shares. The filing also corrects prior reported ownership totals that understated his holdings due to an administrative error.
Dave & Buster's Entertainment SVP and COO Tony Wehner reported compensation-related equity changes. Two blocks of performance-based restricted stock units granted on October 7, 2022, covering 21,598 and 26,998 underlying common shares, were cancelled in dispositions back to the issuer.
Wehner received new awards under the 2025 Omnibus Incentive Plan, including 11,013 restricted stock units that vest in three equal annual installments on July 14, 2026, 2027 and 2028, and stock options for 11,013 and 41,794 shares at a $22.70 exercise price and 28,271 shares at $34.05, with vesting tied to time and stock price hurdles of $64.12 and $96.18 VWAP before February 1, 2028. Following the 11,013-share restricted stock unit grant, he directly owned 65,003 common shares. The filing also corrects a December 23, 2025 Form 4 that understated this ownership total by 11,013 shares due to an administrative error.
Dave & Buster's Entertainment, Inc. senior vice president and chief development officer Les Lehner reported a mix of equity grant and cancellation activity. He received 11,013 shares of common stock as restricted stock units under the 2025 Omnibus Incentive Plan, which vest in three equal annual installments on July 14, 2026, 2027 and 2028. He was also granted stock options on common stock in three tranches: 11,013 and 41,794 options with a $22.70 exercise price and 28,271 options with a $34.05 exercise price, each expiring on October 7, 2035. The options vest based on time and stock price performance, including volume‑weighted average price hurdles of $64.12 and $96.18 that must be met before February 1, 2028, followed by additional vesting over one or two years. At the same time, 21,598 and 26,998 performance-based restricted stock units granted on October 7, 2022 were cancelled and returned to the issuer. Following these transactions, Lehner directly owns 53,670 shares of common stock. The Form 4 also corrects a prior December 23, 2025 filing that understated his ownership by 11,013 shares due to an administrative error.
Dave & Buster's Entertainment, Inc. Chief Executive Officer Tarun Lal reported two open-market purchases of common stock. He bought 2,500 shares on September 18, 2025 at $20.52 per share and 1,000 shares on October 21, 2025 at $18.39 per share. Following the most recent transaction, he directly owns 11,560 common shares.
Dave & Buster's Entertainment, Inc. senior vice president Antonio Pineiro reported compensation-related equity changes. He disposed of 21,598 and 26,998 performance stock units through cancellations of prior performance-based awards granted on October 7, 2022. He received 11,013 restricted stock units that vest in three equal annual installments on July 14, 2026, 2027 and 2028, correcting his direct common share ownership to 52,379 shares.
He was also granted stock options covering 11,013 and 41,794 shares at an exercise price of $22.70 per share, and 28,271 shares at $34.05 per share, all expiring on October 7, 2035. These options vest based on time and stock price performance, including 60-day trailing VWAP hurdles of $64.12 and $96.18 that must be met before February 1, 2028.