newsfilter
← Earnings
Earnings Releases·

Lucky Strike Entertainment — First Quarter Fiscal 2027 Earnings Summary

LUCK
  • Total revenue rose 3.5% year-over-year to $302.6 million, while same-store revenue declined 2.6% before turning positive in September; net loss widened to $25.7 million from $13.8 million, and adjusted EBITDA dipped slightly to $72.1 million.
  • The company reaffirmed full-year 2027 guidance projecting 3% to 5% revenue growth ($1.28B–$1.31B) and $340M–$360M adjusted EBITDA, with capital expenditures expected at approximately $90 million.
  • The Board suspended the quarterly cash dividend to prioritize debt reduction, targeting net cash from operations and non-core asset sales to lower the $1.779 billion net debt balance.
  • Strategic progress includes converting 42 locations to the Lucky Strike brand, launching a refreshed AMF brand, and achieving higher profitability from two new water parks, though declines persist in retail bowling and alcohol sales.
Company
LUCKY STRIKE ENTERTAINMENT CORP
Sector
Consumer Cyclical
Industry
Leisure