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0.00514579759862783 0.0034305317324186 0.00600343053173244 0.0034305317324186 0.00385934819897083 -0.00171526586620923 -0.00257289879931384 0
Stock impact report

BOWL Q2 Loss Wider Than Expected, Revenues Surpass Estimates [Yahoo! Finance]

Bowlero Corp. Class A (BOWL) 
Company Research Source: Yahoo! Finance
The top and the bottom line increased on a year-over-year basis. During the quarter, Bowlero's ongoing expansion efforts and efficiency improvements contributed to increased consumer traffic and engagement. It stated benefits from strong season pass sales and acquisitions, including Lucky Strike (achieving record profitability) and Raging Waves (experiencing double-digit year-over-year revenue growth). With the current economic conditions creating more opportunities for mergers and acquisitions, Bowlero plans to continue its strategy of acquiring assets at attractive prices and systematically improving them. The company expects to see similar returns with the acquisitions of centers from AMF, Brunswick, Bowl America and more than 40 independent locations. Following the release, the company's shares moved up 12.9% during after-hours trading on Sept. 5. Bowlero's Earnings & Revenue Discussion Bowlero Corp. Price, Consensus and EPS Surprise Bowlero Corp. price-consensus-eps-s Show less Read more
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