secwatch.observer — SEC 8-K summary
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Issuer:     Lucky Strike Entertainment Corp (LUCK)
CIK:        0001840572
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0001628280-23-031926
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Bowlero reports record FY2023 revenue of $1.059B, up 16.1% YoY; guides FY2024 rev $1.14-1.19B
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- Q4 revenue $239.4M (-10.6% YoY due to extra week and $29.7M out-of-period service revenue).
- FY2023 net income $82.0M; Adjusted EBITDA $354.3M.
- Remediated prior material weaknesses in financial controls.
- Repurchased 6.4M shares in Q4 at avg $12.64; board increased buyback authorization to $200M.
- FY2024 guidance: rev $1.14-1.19B, Adj. EBITDA $365-405M; plans $275M in capex for acquisitions, new builds, conversions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840572/000162828023031926/0001628280-23-031926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840572/000162828023031926/bowl-20230911.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-031926

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