AGM/EGMMay 6, 2026, 04:18 PM
Dave & Buster's to Hold Annual Meeting; Reports FY25 Net Loss $48.7M
AI Summary
Dave & Buster's Entertainment, Inc. will hold its 2026 Annual Meeting of Shareholders virtually on June 18, 2026, to elect seven directors, ratify KPMG as its independent auditor, and conduct an advisory vote on executive compensation. The company reported a fiscal 2025 net loss of $48.7 million on revenue of $2.1 billion, a 1.4% decrease from fiscal 2024, with comparable store sales declining 5.0%. Board composition changes include the appointment of Charles H. Protell and the non-re-election of Atish Shah, maintaining a seven-member board. Director compensation was also increased, with the annual equity retainer rising to $175,000.
Key Highlights
- Annual Meeting of Shareholders scheduled for June 18, 2026, to be held virtually.
- Shareholders to vote on the election of seven directors and ratification of KPMG LLP as auditor.
- Fiscal 2025 net loss totaled $48.7 million, or $1.40 per diluted share.
- Fiscal 2025 revenue decreased 1.4% to $2.1 billion.
- Comparable store sales decreased 5.0% in fiscal 2025.
- Adjusted EBITDA for fiscal 2025 was $436.6 million.
- Charles H. Protell appointed to the Board on April 27, 2026, and nominated for election.
- Director annual equity retainer increased from $150,000 to $175,000 in RSUs.