Dave & Buster's Releases Quarterly Earnings
Published June 19, 2026
Dave & Buster’s Entertainment, Inc. (PLAY) released its first quarter earnings report on Monday, June 15. The company’s stock declined by over 2% following the earnings release after the company reported lower-than-anticipated sales for the quarter.
Revenue reached $559.2 million for the first quarter. This was approximately a 1.5% decrease in revenue from $567.7 million reported in the same quarter last year and below analysts’ expectations of $580.6 million.
“While first quarter results fell short of expectations, our back-to-basics strategy is gaining clear traction,” said Dave & Buster’s CEO, Tarun Lal. “We are driving meaningful progress across food and beverage, marketing, and our refreshed remodel program, which are delivering a sharper value proposition and driving a stronger guest experience. We have the right strategy, the right team, and the right momentum, and we are highly confident in our ability to drive positive comps for the remainder of the year while generating over $100 million in free cash flow in fiscal 2026.”
Dave & Buster’s reported a quarterly net income of $5.7 million or $0.16 per adjusted share. Last year at this time, the company reported net income of $21.7 million or $0.62 per adjusted share.
Dave & Buster’s combined comparable store sales decreased 5.4% compared to the same time last year. The company’s Entertainment segment reported revenue of $345.1 million while Food and Beverage revenue came in at $214.1 million for the quarter. Store operating income before depreciation and amortization was $152.6 million, reflecting a decrease from $162.2 million the prior year. The company opened one new domestic store in the first quarter and ended the quarter with 244 locations in North America.
Dave & Buster’s Entertainment, Inc. (PLAY) shares closed at $11.95, down 7.6% for the holiday week.
La-Z-Boy Delivers Earnings Report
La-Z-Boy Inc. (LZB) announced its fourth quarter and full-year earnings report on Tuesday, June 16. With the residential furniture retailer beating quarterly revenue estimates, the company’s stock surged over 15% following the report’s release.
The company posted quarterly sales of $570.3 million, down from $570.9 million reported during the same quarter last year. Fourth quarter sales exceeded analysts’ expectations of $569.2 million. For the full year, La-Z-Boy reported $2.1 billion in sales, up 1% from one year ago.
"We are pleased with the strong finish to the fiscal year as our fourth quarter margin performance exceeded expectations driven by strong execution across our businesses,” said La-Z-Boy CEO, Melinda D. Whittington. “We continue to drive our own momentum and are playing offense, led by our Retail business expansion through new stores, acquisition of independent stores, and delighting consumers across our network. This growth has contributed to our solid results and market share expansion against an industry that remains soft.”
For the quarter, La-Z-Boy reported net income of $51.6 million or $1.26 per adjusted share. This was an increase from net income of $38.4 million or $0.92 per adjusted share in the same quarter last year. Full-year net income came in at $125.7 million, up from $123.7 million reported for fiscal 2025.
The Michigan-based company, known for its recliners, sofas and chairs, reported a decrease in same-store sales of 2% as stores experienced fewer customers. The decline was partially offset by higher conversion rates, average ticket and design sales. Delivered sales in the retail segment increased by 9% to $270 million in the fourth quarter. Wholesale sales fell by 2% to $393 million, attributed to modest declines across most of the company’s businesses. The company expects revenue for the first quarter to be between $490 million to $510 million.
La-Z-Boy Inc. (LZB) shares closed at $39.66, remaining relatively unchanged for the holiday week.
CarMax Rolls Out Earnings
CarMax, Inc. (KMX) released its first quarter earnings report on Wednesday, June 17. The automobile retailer’s stock dropped more than 6% despite the company exceeding quarterly revenue estimates.
CarMax reported net sales of $8.01 billion during the quarter, up from $7.55 billion in net sales at this time last year and surpassed the expected quarterly revenue of $7.4 billion.
“We are entering this fiscal year with a clear strategy that is driving early results,” said CarMax CEO, Keith Barr. “We have identified four strategic pillars that will meaningfully improve how we operate at scale and support strong performance. Our goal is clear: deliver strong unit sales and earnings growth that enables us to consistently reward our shareholders.”
The company reported net income of $185.63 million or $1.31 per adjusted share. This is compared to the same quarter last year when the company reported net income of $210.38 million or $1.38 per adjusted share.
CarMax sold 392,357 vehicles in the first quarter, an increase of 3.3% from the same time last year. CarMax’s wholesale vehicle sales rose by 8.4% to 162,064 vehicles. The company’s comparable store used unit sales decreased 0.8%. The CarMax Auto Finance segment reported income declined by 1% for the quarter to reach $140.2 million. The company expanded to over 255 locations by adding one stand-alone reconditioning/auction center in in Locust Grove, Georgia during the quarter.
CarMax, Inc. (KMX) shares closed at $53.66, up 2.6% for the holiday week.
The Dow started the holiday-shortened week of 6/15 at 51,365 and closed at 51,565 on 6/18. The S&P 500 started the week at 7,517 and closed at 7,501. The NASDAQ started the week at 26,447 and closed at 26,518.
