BowleroNYSE: BOWL

Bowlero Corp. (NYSE:BOWL ) Q1 2025 Earnings Conference Call November 4, 2024 4:30 AM ET Company Participants Bobby Lavan – Chief Financial Officer Thomas Shannon – Founder and Chief Executive Officer Lev Ekster – President Conference Call Participants Matthew Boss – JPMorgan Steven Wieczynski – Stifel Randy Konik – Jefferies Ian Zaffino – Oppenheimer Jeremy Hamblin – Craig-Hallum Jason Tilchen – Canaccord Genuity Eric Wold – B. Riley Eric Handler – ROTH Capital Michael Kupinski – NOBLE Capital Markets Operator Thank you for standing by.

Bowlero Corp. (BOWL) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.17 per share. This compares to loss of $0.10 per share a year ago.

BOWL benefits from robust same-store sales, acquisitions and expansion efforts.

I maintain a buy rating for Bowlero Corp. (BOWL) due to its successful growth initiatives. BOWL's Q4 revenue grew 18.6%, driven by same-center sales and new centers, with strong performance in group events, walk-in retail, and league revenues. Growth initiatives like enhanced summer passes, upgraded amusement offerings, and improved food menus have significantly boosted customer satisfaction and wallet share.

Bowlero's fiscal fourth-quarter top-line benefits from Lucky Strike and Raging Waves acquisitions. Expansion and efficiency improvements bode well.

Bowlero is growing better than expected, and its profits are improving. It's not an easy business, but management has been making it look easy.

Bowlero Corp. (NYSE:BOWL ) Q4 2024 Results Conference Call September 5, 2024 4:30 PM ET Company Participants Bobby Lavan - Chief Financial Officer Thomas Shannon - Founder, Chairman & Chief Executive Officer Lev Ekster - President Conference Call Participants Steve Wieczynski - Stifel Matthew Boss - JPMorgan Randy Konik - Jefferies Jason Tilchen - Canaccord Genuity Jeremy Hamblin - Craig-Hallum Eric Handler - ROTH Capital Michael Kupinski - NOBLE Capital Markets Eric Wold - B. Riley Securities Daniel Moore - CJS Securities Operator Ladies and gentlemen, thank you for standing by.

Bowlero Corp. (BOWL) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to loss of $0.09 per share a year ago.

I invest in VICI Properties, a REIT owning experiential properties, including Bowlero, highlighting the correlation and potential risks between them. Bowlero, the largest bowling center operator, shows strong revenue and EBITDA growth, driven by acquisitions and low CapEx requirements. Despite Bowlero's potential and management expertise, its EPS-negative status and inconsistent forecast accuracy make it a speculative "Buy" with a $16/share PT.