Bowlero reports record Q2 revenue $273.4M, up 33.2% YoY; Adj EBITDA $97.0M

Lucky Strike Entertainment Corp

2023-Q2 EPS reported -$0.23 revenue$503,645,000

Net income $1.4M (impacted by $30.8M non-cash earnout revaluation); Normalized Net Income $32.2M.
Adjusted EBITDA $97.0M, up 45.2% YoY; TTM Revenue $1.03B, TTM Adj EBITDA $353.0M (34.3% margin).
Same-store revenue up 27.3% YoY; Event Revenue grew 74% YoY.
Repurchased 629,677 shares in Q2 at avg $12.62; $146.6M authorization remaining.
Added 8 new centers in Q2; total centers 326; MoneyBowl app in 37 centers.

item 2.02 item 9.01 item 7.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Lucky Strike Entertainment Corp reported preliminary financial results for second quarter of fiscal year 2023.

Period: second quarter of fiscal year 2023
Result: preliminary results

Exact text from the filing

On February 15, 2023, Bowlero Corp. (the “Company”) issued a press release announcing its preliminary financial results for the second quarter of fiscal year 2023, which ended on January 1, 2023.

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Lucky Strike Entertainment Corp filing history →

Source: SEC EDGAR

accession 0001628280-23-003697

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