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Bowlero Promotes Long-Time Executive Lev Ekster to President
Businesswire· 2024-01-16 12:00
RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corporation (NYSE: BOWL), the global leader in bowling entertainment, announced today the naming of Lev Ekster, 40, as President of Bowlero Corp. Mr. Ekster has led the expansion of the Professional Bowlers Association (“PBA”) along with the Amusements and Leagues departments and most recently, Information Technology. He will report to Thomas Shannon, Founder, Chairman and CEO of Bowlero, and be responsible for daily management of Center Operations. “Over the past ...
Bowlero (BOWL) - 2024 Q1 - Earnings Call Presentation
2023-11-13 12:15
NOVEMBER 2023 ▪ Expanding the PBA Elite League to a season-long event (five additional team shows on FS1) for the first time ▪ Launch of first-ever PBA All-Star Weekend in 2024 17 200 195 190 ▲ Audio-visual – Video screens at the end of the lanes and upgraded sound system Phase II: ▲ Rebranding – Rebrand name, including signage ▲ Transition to Upscale – Kitchen/bar replacement, front desk, changes to center layout (e.g., lane additions) Post-Investment – Illustrative 14 Illustrative Examples of Converted Ce ...
Bowlero (BOWL) - 2024 Q1 - Earnings Call Transcript
2023-11-13 12:13
Bowlero Corp. (NYSE:BOWL) Q1 2024 Results Earnings Conference Call November 7, 2023 10:00 AM ET Bobby Lavan - Chief Financial Officer Matthew Boss - J.P. Morgan Steven Wieczynski - Stifel Financial Corp. Ian Zaffino - Oppenheimer & Co. Daniel Moore - CJS Securities, Inc. Greetings. And welcome to Bowlero First Quarter Fiscal Year 2024 Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As ...
Bowlero (BOWL) - 2024 Q1 - Quarterly Report
2023-11-06 16:00
Table of Contents Index to Notes Debt | --- | --- | --- | --- | --- | |------------------|-------|---------------------------------|-------|--------------------------| | Carrying value | $ | October 1, 2023 \n 1,301,853 | $ | July 2, 2023 \n1,164,662 | | Fair value | | 1,293,808 | | 1,158,912 | There were no transfers in or out of any of the levels of the valuation hierarchy during the three months ended October 1, 2023 and the fiscal year ended July 2, 2023. | --- | --- | |------------------------------|-- ...
Bowlero (BOWL) - 2023 Q4 - Earnings Call Transcript
2023-09-11 17:59
So, a really interesting insight, where we had the most promotionally focused consumers in the Midwest, we were down by far the most, and where we have the least on the coast, we weren't really down at all. And so, we have learned an awful lot about consumer behavior in the last couple of months. I'll say that. Operator Thank you. We have no further questions at this time. I would now like to turn the floor back over to management for closing comments. Bobby Lavan Thanks, everyone. We look forward to talkin ...
Bowlero (BOWL) - 2023 Q4 - Annual Report
2023-09-10 16:00
The table below presents supplemental cash flow information for each reporting period: As of July 2, 2023 and July 3, 2022, accounts payable and accrued expenses consist of: The following table summarizes the Company's debt structure as of July 2, 2023 and July 3, 2022: First Lien Credit Facility Term Loan: The First Lien Credit Facility Term Loan was repaid on a quarterly basis in principal payments of $2,053. The First Lien Credit Facility Term Loan bore interest at a rate per annum equal to LIBOR plus 3. ...
Bowlero (BOWL) - 2023 Q3 - Earnings Call Presentation
2023-05-18 02:28
(90) 5 $148,631 $124,315 $85,960 $(55,442) $(50,338) $(29,934) $(79,032) $(43,143) $(57,229) Disclaimer Q3 FY2023 Results Set a New Performance Record Quarter 3 Fiscal Year 2023 Results Presentation May 2023 Forward-looking statements Some of the statements contained in this presentation 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. These forward-looking statements are generally ...
Bowlero (BOWL) - 2023 Q3 - Earnings Call Transcript
2023-05-18 02:28
Bowlero Corp. (NYSE:BOWL) Q3 2023 Earnings Conference Call May 17, 2023 4:30 PM ET Company Participants Ashley DeSimone - Partner & Head-Global Media, Sports & Entertainment, ICR Inc Thomas Shannon - Chairman, Founder & Chief Executive Officer Brett Parker - President, Chief Financial Officer & Vice Chairman Conference Call Participants Matthew Boss - JPMorgan Securities LLC Jeremy Hamblin - Craig-Hallum Capital Group LLC Randy Konik - Jefferies LLC Ian Zaffino - Oppenheimer & Co., Inc Steven Wieczynski - S ...
Bowlero (BOWL) - 2023 Q3 - Quarterly Report
2023-05-16 16:00
Washington, D.C. 20549 FORM 10-Q ___________________________________ (Exact name of registrant as specified in its charter) ___________________________________ Delaware 98-1632024 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 7313 Bell Creek Road Mechanicsville, Virginia 23111 (Address of Principal Executive Offices) (Zip Code) (804) 417-2000 Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Ti ...
Bowlero (BOWL) - 2023 Q2 - Earnings Call Transcript
2023-02-16 03:22
Thanks, Ian. Brett Parker I would say corporate events are probably about the same on a basis – on a number of event basis versus prepandemic, maybe even a little bit less. We're pretty much flat in corporate, I would say, year-to-date, and that's because of price. So I think the good news here is that you're seeing at least on a quasi-retail basis, that being the more social events, huge demand. And what you're seeing is the event business from a corporate perspective is coming back, but it's not fully bac ...