Bowlero Corporation, operating as Lucky Strike Entertainment, reported fiscal 2026 revenue of $1.245 billion, up 4%, and adjusted EBITDA of $333 million, while same-store sales declined 0.2%, an improvement of 3.5 percentage points from the prior year. The company attributed a 7% comparable-sales decline in June to record viewership of the World Cup and the New York Knicks' NBA championship run, with CFO Bobby Lavan estimating the impact at $7 million to $12 million. For fiscal 2027, Lucky Strike forecasts adjusted EBITDA of $340 million to $360 million and same-store sales growth of 1% to 3%, targeting about $50 million in free cash flow. The company plans to reduce capital expenditures to $90 million from $114 million in fiscal 2026 and may sell approximately 10 properties to reduce leverage. Water parks, including the newly acquired Raging Waters Los Angeles, generated $56 million in trailing 12-month revenue and $22 million in EBITDA, while Boomers contributed $11 million in EBITDA.
Lucky Strike Entertainment CorporationFiscal 2026 revenue rose 4% to $1.245B with $333M adjusted EBITDA, and fiscal 2027 EBITDA guidance of $340-360M plus ~$50M free cash flow target.
