LUCKY STRIKE Forward-looking statements MAY 2024 Some of the statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risk, assumptions and uncertainties, such as statements of our plans, objectives, expectations, intentions and forecasts. These forward-looking statements are generally identified by the use of forward-looking terminolo ...

UNITED STATES ___________________________________ ___________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-40142 BOWLERO CORP. (Exact name of registrant as specified in its charter) ___________________________________ Delaware 98-1632024 (State or other jurisdiction of incorp ...

Balance Sheet and Liquidity | --- | --- | --- | --- | --- | |-------------------------------------------------------------------|-----------|------------------------|-------|----------------------------| | (in thousands) \nCash and cash equivalents | March \n$ | 31, 2024 \n212,429 | $ | July 2, 2023 \n195,633 | | Revolver Capacity | | 235,000 | | 235,000 | | Revolver capacity committed to letters of credit | | (15,834) | | (10,386) | | Total cash on hand and revolving borrowing capacity | $ | 431,595 | $ | ...

The market expects Bowlero Corp. (BOWL) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

In this articleBOWLThe Bowlero location at Chelsea Piers in New York City.CNBCA former executive at Bowlero, the world's largest owner and operator of bowling centers, has asked a court's permission to countersue his former employer for extortion and retaliation, after an executive on a recorded call threatened to report him to the FBI if he didn't admit to spilling company secrets, according to a transcript of the conversation filed in court.The allegations by Bowlero's former chief information officer, Th ...

Bowlero Corp. (BOWL) reported second-quarter fiscal 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top line increased year over year, but the bottom line declined from the prior-year quarter's figure.During the fiscal second quarter, the company reported benefits from the Lucky Strike acquisition and robust event business performance. It reported positive same-store revenue backed by adjustments in promotions and pricing dynamics. During the quarter, acqu ...

Bowlero Corp. (NYSE:BOWL) Q2 2024 Earnings Conference Call February 5, 2024 10:00 AM ET Company Participants Bobby Lavan - Chief Financial Officer Thomas Shannon - Founder and Chief Executive Lev Ekster - President Conference Call Participants Steven Wieczynski - Stifel Randy Konik - Jefferies Jason Tilchen - Canaccord Genuity Matthew Boss - JPMorgan Eric Handler - ROTH MKM Eric Wold - B. Riley Securities Jeremy Hamblin - Craig-Hallum Capital Group Michael Kupinski - NOBLE Capital Markets Operator Good morn ...

Shares of bowling company Bowlero (BOWL 17.63%) popped on Monday, even though the market was down. The company reported strong financial results for its fiscal second quarter of 2024 and announced some shareholder-friendly moves. And that's why Bowlero stock was up almost 14% as of 11:45 a.m. ET.Bowlero is looking to give back to shareholdersBowlero's Q2 ended on Dec. 31. The company owns 350 bowling centers and also owns the Professional Bowlers Association.In Q2, Bowlero generated revenue of $306 million, ...

Bowlero Corp. (BOWL) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.12. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -108.33%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.10, delivering a surprise of -150%.Over the last four quarters, the company has not been able t ...

Shares of Bowlero Corp. were on a roll Monday after the bowling-center operator and owner of the Professional Bowlers Association said it would start paying a dividend to shareholders and reported fiscal second-quarter revenue that rose above expectations.The company said it will pay out a cash dividend of 5.5 cents a share on March 8 to shareholders of record on Feb. 23.Based on the stock’s BOWL, +8.21% Friday closing price of $11.60, the annual dividend rate of 22 cents a share implies a dividend yield of ...