Bowlero Q3 revenue record $316M (+22% YoY); Adj. EBITDA $128M (+18% YoY)

Lucky Strike Entertainment Corp

2023-Q3 EPS reported -$0.45 revenue$819,370,000

Revenue $316M record (+22% YoY); Adj. EBITDA $128M record (+18% YoY).
Net loss $32M due to $87M non-cash earnout; Adj. Net Income $55M (+6% YoY); Adj. EPS $0.26.
Same-store revenue +17% YoY; total centers 329 post-quarter; 6 new builds signed.
Share repurchase authorized to $200M; 7M shares bought at avg $11.85; 32% of preferred retired.
Net leverage 2.1x; cash $161M; net debt $754M; balance sheet de-risked.

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 0.9

Lucky Strike Entertainment Corp reported third quarter of fiscal year 2023, which ended on April 2, 2023 results: revenue $316 million.

Period: third quarter of fiscal year 2023, which ended on April 2, 2023
Revenue: $316 million
Result: preliminary results

Exact text from the filing

in such a filing. --- EX-99.1 (EX-99.1) --- Bowlero Corp. Announces Record-Breaking Results for the Third Quarter of Fiscal Year 2023 • Revenue was a record-breaking $316 million in the third quarter, growing $58 million, or 22%, year-over-year, and $111 million, or 54%, relative to the corresponding pre-pandemic period. 1 Same-store revenue 2 increased

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Source: SEC EDGAR

accession 0001628280-23-018668

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