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Lucky Strike Entertainment (LUCK)
NYSE:LUCK
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Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$0.07Last Year’s EPS
-$0.44Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: 1.83%
|Next Earnings Date:Feb 11, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook, with significant growth in revenue and EBITDA, strategic acquisitions, and a strong liquidity position. However, there were challenges due to weather impacts and acquisition-related EBITDA drag. Despite these, the company's growth and expansion efforts, particularly in food and beverage sales and PBA viewership, indicate strong operational performance.Company Guidance
During the Bowlero Q1 2025 earnings call, executives outlined several key metrics and strategic initiatives driving the company's performance and future prospects. The company reported total revenue ex service fee of $260 million, with an adjusted EBITDA of $62.9 million, marking a 21% increase year-over-year and a margin expansion of 130 basis points to 24.2%. Total location revenue grew by 17.5%, with same-store comps slightly up by 0.4%. Notably, the food and beverage segment showed significant growth with sales up 18% year-over-year, achieving a key performance indicator of $0.80 per dollar spent on bowling, with top locations reaching $1.10. The company raised its FY '25 revenue guidance, increasing the bottom end by $10 million. They also highlighted recent acquisitions, such as Raging Waves and Boomers, which are expected to contribute to growth, although Boomers will initially have a negative EBITDA impact until peak season. The company remains focused on optimizing capital expenditures, which totaled $41 million for the quarter, and reported liquidity of $355 million with a net debt of $1.1 billion. Executives emphasized their continued commitment to leveraging data for operational efficiencies and strategic capital deployment, including new acquisitions and opening high-return locations.Significant Revenue and EBITDA Growth
Total location revenue grew 17.5% year-over-year, with adjusted EBITDA increasing by 21% to $62.9 million, expanding the margin by 130 basis points.
Acquisitions and Expansion
Acquired Raging Waves and Boomers, leading to double-digit revenue growth and strategic expansion opportunities. Opened two new Lucky Strike locations in Denver with more planned.
Food and Beverage Sales Increase
Food and beverage sales increased 18% year-over-year, with retail F&B to Bowling ratio crossing $0.80, and top 50 locations seeing $1.10 per bowl.
PBA Record Viewership
PBA achieved record results with a 46% year-over-year increase in cumulative reach, rivaling Major League Baseball viewership.
Strong Liquidity Position
Ended the quarter with $355 million in liquidity and a net leverage ratio of 2.6x, indicating a strong financial position.
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LUCK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LUCK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $10.33 | $11.56 | +11.91% |
| Sep 05, 2024 | $10.74 | $11.45 | +6.61% |
| May 06, 2024 | $12.32 | $11.04 | -10.39% |
| Feb 05, 2024 | $11.39 | $13.19 | +15.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lucky Strike Entertainment (LUCK) report earnings?
Lucky Strike Entertainment (LUCK) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Lucky Strike Entertainment (LUCK) earnings time?
Lucky Strike Entertainment (LUCK) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LUCK EPS forecast?
LUCK EPS forecast for the fiscal quarter 2025 (Q2) is $0.07.
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