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Lucky Strike Entertainment Corporation 10-Q Filings

LUCK NYSE

Every 10-Q that Lucky Strike Entertainment Corporation (LUCK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LUCK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LUCK filings page.

Rhea-AI Summary

Lucky Strike Entertainment reported Q3 fiscal 2026 revenue of $342.2 million, up 1% year over year, driven mainly by newly acquired and opened locations. Same-store revenue was essentially flat as strong walk-in bowling and non-alcoholic beverage sales were offset by weaker alcoholic beverage and amusement spending amid adverse weather and softer consumer confidence.

Operating income rose to $65.6 million from $62.2 million as lower depreciation from extended asset lives and reduced share-based compensation partly offset higher location costs and payroll. Net income increased to $16.9 million, but for the nine months the company posted a $9.6 million net loss, largely influenced by lower non-cash earnout fair value benefits and higher interest expense and taxes.

The company continued executing its growth strategy, acquiring two businesses with five locations for $88.1 million, buying 58 previously leased properties for $306 million, opening a new Lucky Strike venue, and converting more sites under the Lucky Strike brand. It refinanced its term loan with a new $1.2 billion facility, issued $500 million of 7.25% Senior Secured Notes, expanded its revolver to $425 million, and repurchased 3.9 million Class A shares for $32.1 million while maintaining regular dividends.

Rhea-AI Summary

Lucky Strike Entertainment reported higher sales but swung to a loss. For the six months ended December 28, 2025, total revenue rose 7% to $599.1 million, driven mainly by new bowling, water park, and family entertainment center locations, while same-store sales were essentially flat.

Operating income edged up to $61.6 million, but a smaller non-cash gain from earnout revaluation, higher interest expense on larger debt, and tax expense led to a net loss of $26.5 million, versus net income of $51.4 million a year earlier, or $(0.23) per share compared with $0.30.

The company completed a $306 million purchase of 58 previously leased properties, several park acquisitions, and a new Southern California center, while changing asset useful lives, which reduced depreciation by $15.8 million and loss per share by $0.11. Debt increased to a carrying value of $1.80 billion, including a new $1.2 billion term loan and $500 million of 7.25% senior secured notes, and stockholders’ deficit widened to $363.8 million amid ongoing dividends and share repurchases.

Rhea-AI Summary

Lucky Strike Entertainment (LUCK) reported quarterly revenue of $292.3 million, up 12% year over year, led by bowling $125.3M, food & beverage $96.1M, and amusement & other $70.9M. Operating income rose to $28.2M, but higher interest and other expenses drove a net loss of $13.8M (basic and diluted $(0.12) per share).

The company refinanced its capital structure, adding a $1.2B Term Loan due 2032, issuing $500M of 7.25% Senior Secured Notes due 2032, and expanding the Revolver to $425M with no balance outstanding at quarter end. It also purchased 58 properties previously under a master lease for $306M and completed a separate acquisition of four locations for $44.0M. A change in asset lives reduced depreciation expense by $7.4M and decreased net loss by the same amount.

Operating cash flow was $(6.4)M, investing was $(315.1)M (including $245.2M for previously leased assets and $44.0M for acquisitions), and financing provided $292.7M. The board declared a $0.06 quarterly cash dividend on Nov 4, 2025.