secwatch.observer — SEC 8-K summary
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Issuer:     Lucky Strike Entertainment Corp (LUCK)
CIK:        0001840572
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001628280-24-020460
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Bowlero reports mixed Q3: revenue up 7%, net income positive, guidance lowered to low end
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- Revenue $337.7M (+7% YoY); net income $23.8M vs prior year loss of $32.1M.
- Same-store revenue declined 2.1% YoY; adjusted EBITDA $122.8M vs $127.6M prior year.
- Acquired Raging Waves water park in Illinois; EEOC closed investigation with no litigation against company.
- Declared quarterly dividend $0.055/share payable June 7; repurchased 1.1M shares ($13M) during Q3-to-date.
- FY2024 revenue and adjusted EBITDA guidance expected near low end of prior range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840572/000162828024020460/0001628280-24-020460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840572/000162828024020460/bowl-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-020460

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