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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) 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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Bowlero (BOWL) opens Lucky Strike Miami, a 30,000 sq. ft. entertainment destination in Downtown Miami. The new build features 28 bowling lanes, an arcade, craft cocktail bar, VIP room, and a dynamic culinary menu. The location aims to provide unparalleled experiences for guests and enhance Miami Worldcenter's offerings.
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VICI Properties Inc. reports strong financial and operating results for Q4 2023 and full year 2023, with total revenues increasing significantly. The company made strategic acquisitions, provided loans for developments, and raised capital through equity offerings. CEO comments highlight successful capital deployment and growth in AFFO per share.
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Bowlero Corp. (BOWL) reported financial results for the second quarter of the 2024 Fiscal Year, showing an 11.8% increase in revenue to $305.7 million compared to the prior year, with a net loss of $63.5 million. The company added 3 new locations during the quarter, bringing the total to 350. They also repurchased approximately 7.5 million shares of Class A common stock for approximately $80 million.
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Bowlero Corp. (NYSE: BOWL) will report financial results for the second quarter of fiscal 2024 on February 5, 2024, before the U.S. stock market opens. Management will discuss the results via webcast at 10:00 AM ET on the same day. The live webcast, replay, and results presentation will be available in the Events & Presentations section of the Bowlero Investor Relations website.
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Bowlero Corporation (NYSE: BOWL) announced the acquisition of Ten Pin in Hilliard, Ohio, marking its 20th center acquisition in fiscal 2024. The company also completed acquisitions of Niles Bowling center in Niles, IL and BAM! Entertainment Center in Holland, MI. Total investment in acquisitions for FY 2024, including 14 Lucky Strike centers, is $145.9 million. Bowlero Corp. opened Lucky Strike Moorpark, its first new build using the Lucky Strike brand, in Moorpark, CA. The company also provided an update on its ongoing share repurchase program, having repurchased approximately 19.6 million shares of its common stock since the IPO. Bowlero Corp. anticipates further growth and expansion in the coming year.
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Bowlero Corporation (NYSE: BOWL) has named Lev Ekster as President of Bowlero Corp. He will report to Thomas Shannon, Founder, Chairman, and CEO, and be responsible for daily management of Center Operations. Mr. Ekster has led the expansion of the Professional Bowlers Association, Amusements, Leagues departments, and Information Technology.
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FAQ

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

BOWL Rankings

BOWL Stock Data

2.00B
20.94M
9.28%
108.34%
8.7%
Theater Companies and Dinner Theaters
Arts, Entertainment, and Recreation
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United States of America
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