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.
I invest in VICI Properties, a REIT owning experiential properties, including Bowlero, highlighting the correlation and potential risks between them. Bowlero, the largest bowling center operator, shows strong revenue and EBITDA growth, driven by acquisitions and low CapEx requirements. Despite Bowlero's potential and management expertise, its EPS-negative status and inconsistent forecast accuracy make it a speculative "Buy" with a $16/share PT.
BOWL's fourth-quarter fiscal 2024 performance is likely to have benefited from strong event performance and higher league and walk-in-retail revenues.
Bowlero (BOWL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The out-of-home entertainment industry totals $100 billion but Bowlero hasn't found a way to profit this year.
Bowlero Corp. BOWL, an American bowling center operator, has gained 13.5% in the past three months, notably outperforming the Zacks Leisure and Recreation Services industry, Zacks Consumer Discretionary sector, and the S&P 500 Index. During the same time frame, the industry and the S&P 500 Index gained 4.4% and 8.6%, while the sector's declined 2%.
Bowlero (BOWL) has announced an impressive milestone, with its Summer Season Pass exceeding $6 million in sales.
Bowlero is a unique company with interesting business models, including traditional bowling centers with enhanced entertainment concepts. Despite a 10.5% decrease in shares, the company continues to grow nicely on the top line. The firm's bottom line has taken a hit, but shares still look cheap with that factored in.