earnings
confidence high
sentiment positive
materiality 0.80
Bowlero Q4 rev $267.7M (+68% YoY); FY22 Adj EBITDA $316.4M (+333% YoY)
Lucky Strike Entertainment Corp
- Q4 revenue $267.7M, up 68.3% YoY and 72.2% vs pre-pandemic; same-store up 53% vs pre-pandemic.
- FY2022 revenue $911.7M, up 130.7% YoY, 31.4% vs pre-pandemic; Adj EBITDA $316.4M (+332.7% YoY).
- Q4 net income $6.9M; adjusted net income $15.6M; FY net loss $29.9M due to de-SPAC expenses, adjusted net income $97.6M.
- Repurchased 3.43M Class A shares in FY2022; retired all warrants as of May 18, 2022.
- Added 29 new centers in FY2022 (4 in Q4); total centers 317 as of July 3, 2022.