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Bowlero Corp. Class A ( (BOWL) ) just unveiled an announcement.
Bowlero Corp reported a robust 14.4% increase in revenue to $260.2 million for the first quarter of fiscal year 2025, alongside a net income rise to $23.1 million. With strategic acquisitions, such as Boomers Parks, and openings like Lucky Strike locations, Bowlero aims to continue its growth trajectory. The company also repurchased 0.8 million shares and declared a dividend, reflecting strong financial health and commitment to returning capital to shareholders. Investors can anticipate a revenue guidance increase, projecting a total revenue of $1.23 billion to $1.28 billion for the fiscal year.
For a thorough assessment of BOWL stock, go to TipRanks’ Stock Analysis page.
