secwatch.observer — SEC 8-K summary
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Issuer:     Lucky Strike Entertainment Corp (LUCK)
CIK:        0001840572
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0001628280-23-018668
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840572/000162828023018668/0001628280-23-018668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840572/000162828023018668/bowl-20230517.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-018668

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