NYSE$LUCK
Lucky Strike Entertainment Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Bowlero's Q3 2024 financial performance reflected revenue growth and strategic investments.
Bowlero Corp. reported a 7.0% increase in revenue to $337.7 million for the third quarter of fiscal year 2024. The company's net income was $23.8 million, a significant improvement from the prior year's loss of $32.1 million. Strategic investments in new locations and traffic-driving initiatives contributed to the company's performance.
- Revenue increased by 7.0% to $337.7 million compared to the prior year.
- Net income reached $23.8 million, a substantial recovery from the previous year's loss.
- Adjusted EBITDA was $122.8 million, slightly lower than the prior year's $127.6 million.
- The company added two new locations, expanding its footprint to a total of 352 locations.
Headline financials
Revenue & EPS history
Lucky Cement Ltd · Revenue · Quarterly
$338M
Revenue by segment
Lucky Cement Ltd · $284M total across 3 segments · Q4 2024
- Bowling$131M—46.0%
- Food & beverage$97.2M—34.3%
- Amusement & other$55.9M—19.7%
Forward guidance
Bowlero expects to be near the low end of its fiscal year 2024 revenue and Adjusted EBITDA guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
+2.0%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+7.3%
Avg return
30 days after
55%
11 / 20 earnings
Positive
+16.1%
Q2 2024
Best reaction
-15.0%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -1.6% | +0.4% | -2.5% | |
| Q2 2026 | -13.5% | +3.0% | +16.5% | |
| Q1 2026 | -0.7% | -1.7% | +5.5% | |
| Q3 2025 | -11.9% | -4.3% | -4.9% | |
| Q2 2025 | -1.3% | +10.1% | -12.4% | |
| Q1 2025 | +12.5% | +11.3% | +12.9% | |
| Q4 2024 | +2.6% | -5.3% | +6.6% | |
| Q3 2024 | -9.8% | -12.1% | +5.2% | |
| Q2 2024 | +16.1% | +29.2% | +10.3% | |
| Q1 2024 | +12.9% | +9.9% | +16.6% | |
| Q4 2023 | +3.4% | +5.7% | +9.5% | |
| Q3 2023 | -15.0% | -14.3% | -12.6% | |
| Q2 2023 | +4.2% | +8.3% | +4.8% | |
| Q1 2023 | -0.8% | -4.5% | -8.5% | |
| Q4 2022 | +3.4% | +7.4% | +8.1% | |
| Q3 2022 | +14.4% | +23.4% | +12.1% | |
| Q4 2021 | +13.6% | +12.8% | +39.9% | |
| Q2 2022 | +13.6% | +12.8% | +39.9% | |
| Q1 2022 | +0.9% | +0.7% | +0.0% | |
| Q3 2021 | -2.8% | -2.8% | -0.5% |
Discussion
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