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Bowlero Corp. - BOWL STOCK NEWS

Welcome to our dedicated page for Bowlero news (Ticker: BOWL), a resource for investors and traders seeking the latest updates and insights on Bowlero stock.

Bowlero Corporation (symbol: BOWL) stands as the world's largest operator of ten-pin bowling centers, with approximately 300 centers predominantly located in the United States. As a leader in the bowling entertainment industry, Bowlero Corp. merges the age-old sport with modern amenities to offer a unique experience for all ages.

At its core, Bowlero Corp. operates a variety of traditional bowling centers alongside upscale entertainment venues that feature lounge seating, arcades, enhanced food and beverage offerings, and top-notch customer service. These entertainment centers are designed to cater to both individual and group events, making them ideal for birthday parties, corporate events, and casual outings.

The company's commitment to innovation and customer satisfaction has led to a series of successful projects and developments. Recently, Bowlero Corp. has been focusing on upgrading its existing centers and expanding its footprint through new openings. The company's financial health remains strong, backed by strategic partnerships and a dedicated management team that continues to drive growth and profitability.

Moreover, Bowlero Corp. is heavily involved in the professional and amateur bowling scenes, hosting and overseeing numerous tournaments. These events are not only popular among participants but also attract significant viewership through related broadcasting.

Overall, Bowlero Corp. is a dynamic and forward-thinking company that continues to evolve, setting new standards in the bowling entertainment industry. Stockholders and potential investors can stay updated on the latest news and developments by visiting their official website or following industry news sources.

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Bowlero Corp. (NYSE: BOWL) reported strong first quarter fiscal 2025 results with revenue increasing 14.4% to $260.2 million. Total Location Revenue grew 17.5% year-over-year, while Same Store Revenue increased 0.4%. Net income reached $23.1 million, up from $18.2 million, and Adjusted EBITDA rose to $62.9 million. The company expanded through acquisitions including Boomers Parks and Spectrum Entertainment Complex, plus opened new Lucky Strike locations. Bowlero raised its FY2025 revenue guidance to $1.23-1.28 billion with expected Adjusted EBITDA of $390-430 million. The company also declared a quarterly dividend of $0.055 per share.

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Bowlero Corp. (NYSE: BOWL), a leading operator of location-based entertainment, has announced it will release its first quarter fiscal 2025 financial results on Monday, November 4, 2024, after the U.S. stock market closes. The company's management team will host a webcast at 4:30 PM ET on the same day to discuss the results.

Investors and interested parties can access the live webcast, replay, and results presentation through the Events & Presentations section of Bowlero's Investor Relations website at https://ir.bowlerocorp.com/. This announcement provides shareholders and analysts with a scheduled opportunity to review and discuss Bowlero's financial performance for the specified period.

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Bowlero Corp. (NYSE: BOWL) reported its Q4 and full-year fiscal 2024 results, ending June 30, 2024. Q4 highlights include an 18.6% revenue increase to $283.9 million and a 29%+ year-over-year growth in Adjusted EBITDA. The company saw a 6.9% increase in Same Store Revenue. For the full fiscal year, revenue grew 9.1% to $1,154.6 million, while Adjusted EBITDA reached $361.5 million. Bowlero added 25 new locations, including acquisitions of Lucky Strike and Raging Waves waterpark. The company's Season Pass sales hit a record $11 million. For fiscal year 2025, Bowlero expects total Revenue to grow mid-single digits to 10%+, reaching $1.22-$1.28 billion, with Adjusted EBITDA projected at $390-$430 million.

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Bowlero Corp. (NYSE: BOWL), a leading operator of location-based entertainment, has announced its plans to release financial results for the fourth quarter and full year fiscal 2024 on September 5, 2024, after the U.S. stock market closes. The company will host a webcast at 4:30 PM ET on the same day, where management will discuss the results. Investors and interested parties can access the live webcast, replay, and results presentation in the Events & Presentations section of Bowlero's Investor Relations website at https://ir.bowlerocorp.com/.

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Bowlero Corp. (NYSE: BOWL), a leading operator of location-based entertainment, has announced a regular quarterly cash dividend of $0.055 per common share. The dividend will be paid on September 6, 2024, to stockholders of record as of August 23, 2024. This declaration by Bowlero's Board of Directors demonstrates the company's commitment to returning value to its shareholders and may indicate confidence in its financial stability and future prospects.

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Bowlero Corp. (NYSE: BOWL) announced that its Summer Season Pass has surpassed $6 million in sales, marking an all-time high for the company. With over two months of sales opportunities remaining, this achievement underscores the pass's popularity and Bowlero's commitment to innovation and guest satisfaction.

The pass offers two games of bowling every day throughout the summer, with an option to upgrade for additional perks. The initiative aims to increase foot traffic, attract new customers, and foster brand loyalty, ultimately benefiting the company’s long-term revenue streams.

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Bowlero Corp. (NYSE: BOWL) is set to acquire Thunderbowl Lanes, the largest bowling center in the US, in Allen Park, Michigan. The acquisition includes the business and 8 acres of land. The transaction is scheduled to close in June 2024 and will be funded through an all-cash deal. Thunderbowl Lanes features 90 bowling lanes, banquet rooms, a sports bar, and more. This move marks Bowlero's sixth location in Michigan, aiming to enhance strategic growth and guest experience in new markets.

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Bowlero Corp. (NYSE: BOWL) reported a 7.0% revenue increase to $337.7 million in the third quarter of the 2024 fiscal year, with net income of $23.8 million. Despite a 2.1% decline in same store revenue, total revenue growth was substantial. The company added 2 locations, closing an acquisition in the water park sector and repurchasing 1.1 million shares of Class A common stock. Bowlero expects to meet the low end of fiscal year 2024 Revenue and Adjusted EBITDA guidance.

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Bowlero Corp. (NYSE: BOWL) will announce its third-quarter 2024 financial results on May 6, 2024. The management will discuss the results via webcast at 10:00 AM ET on the same day.
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Bowlero Corp. promotes Zac Sulma to Chief Sales Officer, recognizing his role in driving same store sales expansion. Mr. Sulma to lead future sales initiatives and launch National Sales Program.
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FAQ

What is the current stock price of Bowlero (BOWL)?

The current stock price of Bowlero (BOWL) is $11.701 as of November 6, 2024.

What is the market cap of Bowlero (BOWL)?

The market cap of Bowlero (BOWL) is approximately 1.8B.

What is Bowlero Corporation?

Bowlero Corp. is the world's largest operator of ten-pin bowling centers, with about 300 centers mainly located in the United States.

What types of entertainment does Bowlero offer?

Bowlero offers traditional bowling, upscale entertainment centers with lounge seating, arcades, and enhanced food and beverage options.

Where are Bowlero's centers located?

Most of Bowlero's approximately 300 centers are located in the United States.

What kind of events does Bowlero host?

Bowlero hosts a variety of events, including birthday parties, corporate events, and both professional and amateur bowling tournaments.

Does Bowlero Corp. broadcast any of its events?

Yes, Bowlero Corp. broadcasts its professional and amateur bowling tournaments, attracting significant viewership.

How is Bowlero Corp. performing financially?

Bowlero Corp. maintains strong financial health, supported by strategic partnerships and a dedicated management team.

Is Bowlero Corp. involved in any partnerships?

Yes, Bowlero Corp. has strategic partnerships that help drive growth and profitability.

What are some recent projects by Bowlero Corp.?

Recently, Bowlero Corp. has focused on upgrading existing centers and expanding through new openings.

Where can investors get the latest news about Bowlero Corp.?

Investors can stay updated on the latest news by visiting Bowlero's official website or following industry news sources.

What makes Bowlero Corp. unique in the entertainment industry?

Bowlero Corp. blends traditional bowling with modern amenities like lounge seating, arcades, and enhanced food and beverage options to offer a unique entertainment experience.

Bowlero Corp.

NYSE:BOWL

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BOWL Stock Data

1.77B
88.93M
9.45%
103.89%
6.81%
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