secwatch.observer — SEC 8-K summary
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Issuer:     Lucky Strike Entertainment Corp (LUCK)
CIK:        0001840572
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001628280-23-037179
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Bowlero Q1 FY2024 revenue down 1.2% to $227.4M; net income $18.2M vs prior loss
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- Revenue $227.4M (-1.2% YoY); net income $18.2M vs loss of $33.5M prior year.
- Adjusted EBITDA $52.1M vs $65.3M prior; same-store revenue declined 5.5%.
- Reiterated FY2024 guidance: revenue $1.14-1.19B (excl service fee), Adj EBITDA $365-405M.
- Added 18 bowling centers in Q1; acquired Lucky Strike (14 centers) and entered $432.9M sale-leaseback with VICI.
- Repurchased 12.1M shares during Q1; pro forma shares outstanding 151.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840572/000162828023037179/0001628280-23-037179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840572/000162828023037179/bowl-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037179

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