Core Insights - Red Rock Resorts reported a 5.4% increase in Adjusted EBITDA for Q4 2025, reaching $213.3 million compared to $202.4 million in Q4 2024 [1] - The company's net income for Q4 2025 decreased by 3.5% to $84.6 million from $87.7 million in Q4 2024 [1] - Total net revenues for Q4 2025 increased by 3.2% to $511.8 million, up from $495.7 million in the same period of 2024 [1] Fourth Quarter Results - Adjusted EBITDA for consolidated operations was $213.3 million, a rise of $10.9 million from $202.4 million in Q4 2024 [1] - Net income for the fourth quarter was $84.6 million, down by $3.1 million from $87.7 million in Q4 2024 [1] - Net revenues reached $511.8 million, an increase of $16.1 million from $495.7 million in Q4 2024 [1] - Las Vegas operations contributed $231.1 million in Adjusted EBITDA, up 3.2% from $223.9 million in Q4 2024 [1] - Net revenues from Las Vegas operations were $505.0 million, an increase of $12.4 million from $492.6 million in Q4 2024 [1] Full Year Results - Adjusted EBITDA for the full year 2025 was $848.6 million, a 6.6% increase from $795.9 million in 2024 [1] - Net income for 2025 rose by 22.1% to $355.7 million, compared to $291.3 million in 2024 [1] - Total net revenues for 2025 were $2.01 billion, an increase of $72.5 million from $1.94 billion in 2024 [1] - Las Vegas operations generated $915.9 million in Adjusted EBITDA, a 4.2% increase from $879.4 million in 2024 [1] - Net revenues from Las Vegas operations for 2025 were $1.98 billion, up by $55.7 million from $1.93 billion in 2024 [1] Balance Sheet Highlights - Cash and cash equivalents at the end of Q4 2025 were $142.5 million [1] - Total principal amount of debt outstanding was $3.4 billion at the end of Q4 2025 [1] Dividends - The Board of Directors declared a cash dividend of $0.26 per Class A common share for Q1 2026, payable on March 31, 2026 [1] - A special dividend of $1.00 per Class A common share was also declared, payable on February 27, 2026 [1]

"We delivered positive same-center sales growth this quarter, marking a clear inflection point for the business," said Thomas Shannon, Chief Executive Officer and Founder of Lucky Strike Entertainment. "Performance was driven by sustained strength in walk-in retail and league play, increased marketing investment to expand brand awareness and build momentum for the remainder of the year, and meaningful progress rebuilding our Events business. Same store Event sales turned positive in January 2026 for the fir ...

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 reflect our views with respect to future events as of the date of this release and are based on our management' ...

Strike the moment, not just the pins! 🎳 https://t.co/phknzJcBIc ...

Core Insights - Pinstripes Holdings Inc. filed for Chapter 11 bankruptcy protection on September 8, 2023, and closed several locations less than two years after going public through a SPAC deal [2][3] Company Overview - Pinstripes, based in Northbrook, Illinois, offers an eatertainment concept that includes bowling, bocce, and a bistro menu [3] - The company began trading publicly in early January 2024 through a SPAC deal with Banyan Acquisition Corp. [3] Competitive Response - Lucky Strike Entertainment Corp., based in Richmond, Virginia, is providing courtesy discounts to displaced Pinstripes clients to facilitate their events at one of its 350 locations nationwide [2][4] - Lucky Strike is also inviting former Pinstripes employees to apply for open roles on its career site [2] Strategic Focus - Lucky Strike's president, Lev Ekster, emphasized the company's commitment to serving guests and team members while continuing to grow thoughtfully and invest in their venues [4]

Core Insights - Pinstripes is facing significant financial challenges due to inflationary pressures, leading to a shift in consumer behavior towards cheaper alternatives [3][4] - The company has experienced tight liquidity and reduced consumer traffic, which has strained its finances despite efforts to offset rising costs through price hikes and improved purchasing practices [4] - Pinstripes has filed for Chapter 11 bankruptcy protection, marking a critical step in its restructuring efforts amid declining revenues and economic deterioration [7] Financial Performance - Approximately 80% of Pinstripes' revenue is derived from food and beverage sales, with total annual revenue reported at about $129 million for the fiscal year ending April 27, 2025 [5] - Each location generates an average of $7.4 million in annual revenue, with store footprints ranging from 26,000 to 38,000 square feet [5] Business Expansion and Strategy - Pinstripes went public at the end of 2023 through Banyan Acquisition Corp, with plans to expand to 23 venues by the end of 2024 and a long-term goal of 150 units [6] - The company had grown to 18 units but only operated eight at the time of its bankruptcy filing, indicating a significant contraction in its business operations [7]

Core Points - Bowlero Hazlet has officially closed its location, which was a popular venue for bowling and events in the Hazlet community [3][4] - The closure announcement was made via Facebook, expressing gratitude to patrons for their support over the years [4][6] - The reason for the closure was attributed to the end of the lease for the Hazlet location, as confirmed by a spokesperson [4] Company Transition - Bowlero is directing former patrons to their newly renovated AMF Strathmore Lanes, located approximately 15 minutes away in the Aberdeen Town Square Center [5] - The Strathmore Lanes location is designed for both league play and special events, maintaining features familiar to Bowlero Hazlet customers [5] Community Response - Many patrons expressed their sadness and shared memories in the comments of the closure announcement, highlighting the emotional impact of the bowling alley's closure [6]