Earnings ·
Suspends quarterly dividend as Q1 net loss widens to $25.7M on same-store revenue decline
LUCKLucky Strike Entertainment Corp
Lucky Strike Entertainment reported a first-quarter fiscal 2027 net loss of $25.7 million, widening from the $13.8 million loss in the prior-year period, while total revenue rose 3.5% to $302.6 million. Same-store revenue fell 2.6%, driven by declines in retail bowling and alcohol sales, though Adjusted EBITDA remained relatively stable at $72.1 million. The Board of Directors suspended the quarterly cash dividend on common stock to direct capital toward debt reduction and deleveraging. The company reaffirmed its full-year fiscal 2027 guidance for total revenue growth of 3% to 5%. Lucky Strike Entertainment operates one of the world’s premier location-based entertainment platforms, offering bowling, amusements, water parks, and family entertainment centers.