Profile
Sector:
Consumer CyclicalIndustry:
LeisureCountry:
United StatesIPO:
23 April 2021Website:
http://www.bowlerocorp.comNext earnings report:
05 February 2025Last dividends:
23 August 2024Next dividends:
22 November 2024Price
after hours | Tue, 19 Nov 2024 21:08:33 GMTAnalysts recommendations
Institutional Ownership
BOWL Latest News
I maintain a buy rating on Bowlero Corp. due to strong growth initiatives and potential for 11% medium-term growth. Despite a modest 0.4% same-center sales growth, BOWL's revenue grew 14.4% y/y, with a 21% y/y growth in adj EBITDA, highlighting robust financial health. BOWL's strategic initiatives, including new F&B menu segments and innovative season passes, are driving growth and enhancing the customer experience.
The average of price targets set by Wall Street analysts indicates a potential upside of 47.7% in Bowlero (BOWL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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.
What type of business is Bowlero?
Bowlero Corp. operates location-based entertainment business under the AMF, Bowlero, and Lucky Strike brand names. The company provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It also operates traditional bowling locations and entertainment concepts with lounge seating, arcades, food and beverage offerings, and robust customer service for individuals and group events. The company has operations in the United States, Mexico, and Canada. Bowlero Corp. was founded in 1997 and is headquartered in Mechanicsville, Virginia.
What sector is Bowlero in?
Bowlero is in the Consumer Cyclical sector
What industry is Bowlero in?
Bowlero is in the Leisure industry
What country is Bowlero from?
Bowlero is headquartered in United States
When did Bowlero go public?
Bowlero initial public offering (IPO) was on 23 April 2021
What is Bowlero website?
https://www.bowlerocorp.com
Is Bowlero in the S&P 500?
No, Bowlero is not included in the S&P 500 index
Is Bowlero in the NASDAQ 100?
No, Bowlero is not included in the NASDAQ 100 index
Is Bowlero in the Dow Jones?
No, Bowlero is not included in the Dow Jones index
When was Bowlero the previous earnings report?
No data
When does Bowlero earnings report?
The next expected earnings date for Bowlero is 05 February 2025