Dave & Buster's Entertainment, Inc. · NASDAQ:PLAY
Dave & Buster's Entertainment — Investor Presentation (October 2026)
24 slides from Dave & Buster's Entertainment's investor presentation, October 2026
Slide 1: Dave & Buster's Franchising
www.franchising.daveandbusters.com
Slide 2: This guy named Dave loved all things fun & games
id THIS GUY NAMED DAVE LOVED ALL THINGS FUN & GAMES. THIS GUY NAMED BUSTER LOVED FINE FOOD & DRINK. THAT'S HOW IT ALL BEGAN. dd (AVES, NSTERS
Slide 3: Dave & Buster's Australia, Perth
Perth , Dave& Buster’s Australia www.franchising.daveandbusters.com
Slide 4: Dave & Buster's at a Glance
DAVE & BUSTER’s AT A GLANCE FOUNDED: WORLD CLASS ARCADE 1982 GAMES, & ENTERTAINMENT HEADQUARTERS: TOP 20 U.S. NATIONAL RESTAURANT DALLAS RESTAURANT:BASED ON SALES VOLUME STORES (AS OF 2026) +180& COUNTING ENHANCED SPORTS WATCHING:WATCHING EXPERIENCE GEOGRAPHIC PRESENCE: 43 U.S. STATES | FY2025, 67%
Slide 5: Company Milestones
DAVE & BUSTER’S COMPANY MILESTONES DECEMBER 2024 BENGALURU, INDIA First International Franchise Location AUGUST 2025 DECEMBER 1982 OCTOBER 1992 JUNE 2000 OCTOBER 2016 MUMBAI, INDIA DALLAS, TX ATLANTA, GA TORONTO TOLEDO, OH Second International Franchise Location First Dave & D&B opens first location
Slide 6: Slide 6
Slide 7: Highly Differentiated Business Model
Highly Differentiated BUSINESS MODEL BRINGS TOGETHER BEST FEATURES OF AMUSEMENT PARKS Entertainment CompanyAND F&B INDUSTRIES AMUSEMENT DINING PARKS ✓ Unique and differentiated ✓ Differentiated ✓ Strong unit economics experience experience ✓ Convenient locations ✓ High free cash flow ✓ Clear leader
Slide 8: Well-Positioned Market Leader
✓ Well- Positioned 180+ LOCATIONS WORLD CLASS ATTRACTIVE TO AND COUNTING GAMES & LANDLORDS Market Leader ENTERTAINMENT
Slide 9: Gaining Global Momentum
*As of June 2026 ✓ Gainingglobal momentum Bangalore (2024) Mumbai (2025) Mexico city (coming soon 2026 Cumulative Store Growth YoY 7 3 1 2 4 2024 2025 2026 Manila (2025) Santo Domingo (2026) Perth (2026) New Delhi (2026)
Slide 10: Distinctive Brand
✓ DistinctiveBrand NATIONAL ECONOMIES OF ABILITY TO ATTRACT ADVERTISING SCALE GREAT TALENT *As of Feb 2026
Slide 11: Well-Positioned, Distinctive Brand
Well- Positioned,DistinctiveBrand BRAND PERCEPTION ABOVE / BELOW GROUP AVERAGE
Slide 12: With Broad Guest Appeal
WithBroadGuestAppeal BALANCED MIX OF FAMILIES AND ADULTS, MALES AND FEMALES 40% 49% FEMALE FAMILIES 60% ADULTS 51% MALE
Slide 13: Widely Appealing and Recognized
WIDELY APPEALING AND WIDELY RECOGNIZED ON -TREND WITH 21- 39 YEAR - OLDS ATTRACTS FAMILIES COMPELLING VENUE FOR CORPORATE AND SOCIAL SPECIAL EVENTS
Slide 14: And a Big Following
anda BIGFollowing… @daveandbusters 743.6 K TikTok 774 K Facebook 185 K Instagram 43.5 K X 2.7 MM Yelp
Slide 15: @daveandbusters
@daveandbusters Screenshot 2026-06-25 at 6.00.13 PM www.franchising.daveandbusters.com
Slide 16: Investment Thesis
InvestmentThesis 1 Highly differentiated entertainment company Clear leader in a high - growth industry 2 Diversified business model 3 4 Long term track record of profitable growth through cycles 5 Compelling free cash flow profile 6 Attractive unit economics 7 Numerous levers to drive Adj. EBITDA &
Slide 17: Entertainment Focus Driving Sales and Profit
Entertainment FocusDrivingSales andProfit 2006 2024 2025 “RESTAURANT FOCUS ” “ENTERTAINMENT FOCUS ” 11.0% 23.7% 30 % EBITDA Margin EBITDA Margin EBITDA Margin 56% 44% 35% 65% 33% 67% F&B GAMES F&B GAMES GAMES F&B REVENUE MIX 1) For FY2006 and FY2023, respectively EBITDA Margin
Slide 18: Unit Volumes Among Highest in the Industry
UnitVolumes Among HighestIn TheIndustry 2025 AVERAGE UNIT VOLUME (AUV) COMPARISON ($MILLIONS) $ 6.9 $10.8 $12.2 $9.5 $9.45 AUVs beforeGames $3.9 $7.6 $6.1 $5.5 $1.3 $4.5 $4.1 $4.1 $2.6 $3.4 $3.2 Total Food Bar Games AUV Source: Company filings. Dave & Buster ’s AUV represents FY 2025 and only includ
Slide 19: Mix Drives Superior Gross Margin & Store Profitability
MixDrivesSuperiorGross Margin&Store Profitability A 500+ BASIS POINT ADVANTAGE IN GROSS PROFIT MARGIN 90.7% A 500+ BASIS POINT ADVANTAGE IN GROSS PROFIT MARGIN 76.8% AVERAGE 85.4% 77.4% 76.5% 74.6% 74.2% 73.4% 74.2% 78.6% 71.7% 68.6% 67.7% Food Bar Games 30% A 500+ BASIS POINT ADVANTAGE IN EBITDA MA
Slide 20: Significant Brand Potential with High Return Stores
SignificantBrandPotentialWithHighReturnStores TARGET NEW STORE ECONOMIC MODEL TARGET YEAR - ONE STORE “NEW SMALL” STORE MEDIUM STORE LARGE STORE ECONOMICS ($MILLIONS) (15K– 25K SQ. FT.) (25K– 30K SQ. FT.) (30K— 45K SQ. FT.) TOTAL REVENUE $6.9 $7.0 $11.0 NorthAmericanpotentialstore STORE OPERATING MA
Slide 21: Experienced Leadership Team
ExperiencedLeadershipTeam Average of over 20 years Experience DARIN HARPER CORY HATTON AMANDA BUSBY ANTONIO BAUTISTA ALDO ROSALES Chief Executive Officer Interim Chief Financial Chief Operations Officer President of International Chief Strategy & Experience +20 yrs Officer Experience +25 yrs Experie
Slide 22: Key Takeaways
Experienced leadership team with 1 high competency level on growth, sustainability and profitability Resilient, with cross generational, 2 global appeal Robust operating model with highly 3 competitive margins Key Takeaways 4 Accelerating strategic initiatives to drive growth, domestically and inter
Slide 23: Qualifying Requirements for Franchise
QualifyingRequirements for Franchise There are numerous factors that we take into consideration when assessing applicants for a Dave & Buster's franchise. To assist us in this process, we would like to get to know you better. Please review the questions HERE and answer them as best you can, stating
Slide 24: Thank You!
THANK YOU! WE CANNOT EXPRESS OUR FULL THANKS, BUT HOPEFULLY THESE WORDS ARE A START . www.franchising.daveandbusters.com www.daveandbusters.com
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