Bowlero Reports Third Quarter Results for Fiscal Year 2024
Bowlero Corp. Class A (BOWL)
Company Research
Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), one of the world’s premier operators of location-based entertainment, today provided financial results for the third quarter of the 2024 Fiscal Year, which ended on March 31, 2024.Quarter Highlights:Revenue increased 7.0% to $337.7 million versus the prior year and increased 64.7% versus 3QFY19 (quarter ended March 31, 2019)Revenue excluding Service Fee Revenue increased 8.8% to $336.4 million versus the prior year and was up 64.1% versus 3QFY19Same Store Revenue declined 2.1% versus the prior year and grew 26.1% versus 3QFY19Net income of $23.8 million versus prior year loss of $32.1 million and income of $27.4 million in 3QFY19Adjusted EBITDA of $122.8 million versus prior year of $127.6 million and $67.4 million in 3QFY19Added 2 locations during the quarter, 1 through acquisitions and 1 new build-out, bringing year-to-date new locations to 23Total locations in operation as of May 6, 2024 is
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Sec Filings
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 4/1/24 - Form 4
- BOWL's page on the SEC website