BOWLERO CORP Stock Price, News & Analysis

Bowlero Corp. (NYSE: BOWL), a leader in bowling entertainment, announced that CEO Thomas Shannon will be interviewed by Jim Cramer on CNBC's Mad Money tonight at 6:00 PM ET. Bowlero operates over 300 bowling centers across North America, catering to more than 27 million guests annually. The company acquired the Professional Bowlers Association in 2019, enhancing its presence in the bowling industry. For more on Bowlero Corp., visit BowleroCorp.com.

Bowlero Corp. (NYSE: BOWL) announced the completion of three acquisitions, marking a total of 12 completed acquisitions in 2022. These newly acquired locations include a 50-lane center in Sacramento, CA, and two centers in Wisconsin, enhancing the company's presence in these states. The acquisitions are part of Bowlero's strategy for accelerated growth through acquisitions and new builds. The new centers will open under Bowlero management on October 21.

Bowlero Corp. (NYSE: BOWL) has entered a definitive agreement to acquire The Mark in Elkhorn, NE, and completed the acquisition of Thunderbowl in Council Bluffs, IA. This marks Bowlero's 16th agreement of 2022, with nine acquisitions completed this year. The Mark is a family entertainment center featuring 40 bowling lanes and various activities, while Thunderbowl offers 32 lanes and a full-service restaurant. Bowlero aims to expand its presence in the Omaha market, with Thunderbowl officially under its management as of October 14, and The Mark expected to close in mid-November.

Bowlero Corp has announced the acquisition of four bowling centers, enhancing its presence in North America. This includes Strikes Unlimited in California and three centers in Wisconsin: Super Bowl Family Entertainment Center, Sabre Lanes, and JB's on 41. The acquisition will bring Bowlero's total locations in Wisconsin to five and in California to 45. These centers feature modern amenities and aim to provide an exceptional bowling experience. The acquisitions are set to be finalized by the end of October 2022.

Bowlero Corp. (NYSE: BOWL) reported strong financial results for the fourth quarter and fiscal year 2022. Revenue reached nearly $267.7 million, up 68.3% year-over-year and 72.2% compared to pre-pandemic levels. Fiscal year revenue totaled $911.7 million, a 130.7% increase year-over-year. Same-store sales grew 53.0% from pre-pandemic performance. Despite a net loss of $29.9 million for the year, adjusted EBITDA surged by 332.7%, totaling $316.4 million. The company repurchased over 3.4 million shares during the year and added new centers to enhance growth.

Bowlero Corp. (NYSE: BOWL), the largest bowling center operator, will release its fourth quarter and full year 2022 financial results on September 15, 2022, after market close. A live webcast detailing these results will take place at 4:30 PM ET on the same date. The event will be accessible through the Investor Relations section of the Bowlero website. Serving over 26 million guests annually, Bowlero operates more than 300 centers across North America, showcasing its leadership in bowling entertainment.

Bowlero Corp (NYSE: BOWL) announced its acquisition of three bowling centers: Mel's Lone Star Lanes in Greater Austin, TX, and Fiesta Bowl and Spanish Springs Lanes in The Villages, FL. This strategic expansion adds to Bowlero's footprint, marking 25 locations in Texas and enhancing its presence in Florida to 30 locations. Mel's has 40 lanes and offers various entertainment options, while both Florida locations feature 32 lanes and host competitive leagues. The acquisitions are set to finalize by the end of September 2022, supporting Bowlero's growth initiatives across North America.

Isos Capital Management has acquired 4Forces Group, expanding its capabilities in growth advisory and interim management services. Founded by Peter Cosco, who will become Managing Director at Isos, 4Forces specializes in operational improvement and strategic planning within the media and entertainment sectors. The acquisition enhances Isos' unique operator-focused approach, enabling better support for portfolio companies. Isos Capital, based in Westport, CT, aims to accelerate growth in the global media, entertainment, sports, and technology industries.

Bowlero Corp. (NYSE:BOWL), the largest bowling center operator globally, announced its participation in the Jefferies Consumer Conference on June 21-22, 2022. This virtual presentation will showcase the company's leadership in bowling entertainment, media, and events, with over 300 centers serving more than 26 million guests annually. Bowlero also owns the Professional Bowlers Association, enhancing its influence in the bowling industry. A replay of the presentation can be accessed through Bowlero's Investor Relations website.