Dave & Buster ENT

Q2 FY2027 EarningsQ2 FY27 results missed consensus across the board, with revenue of $544.1M falling short of the $556.8M expected and a GAAP net loss of -$12.5M significantly trailing the projected $6.2M profit. Comparable store sales declined 2.9% YoY, driven by a reduction in walk-in traffic, while the product mix shift toward lower-margin food and beverage (up to 38.9% of sales) pressured gross margins to 84.7% (vs. 86.1% expected). Diluted EPS of -$0.36 was well below the $0.18 mean estimate, reflecting severe operating deleverage and a higher-than-anticipated tax rate of 32.8%.