tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lucky Strike Secures $230M for Major Acquisition

Story Highlights
Lucky Strike Secures $230M for Major Acquisition

Elevate Your Investing Strategy:

Lucky Strike Entertainment ( (LUCK) ) has provided an announcement.

On July 10, 2025, Lucky Strike Entertainment announced a significant financial maneuver by entering into a Thirteenth Amendment to its First Lien Credit Agreement, securing $230 million in incremental bridge term loans to finance a major acquisition. This acquisition involves purchasing the real estate of 58 locations for $306 million, a strategic move aimed at reducing rent obligations and enhancing financial flexibility. The transaction is expected to be immediately accretive to earnings and cash flow, positioning the company for long-term growth and improved capital allocation. By transitioning from renter to owner, Lucky Strike aims to eliminate future lease inflation risks and strengthen control over key market assets, reflecting its commitment to building enduring shareholder value.

The most recent analyst rating on (LUCK) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Lucky Strike Entertainment stock, see the LUCK Stock Forecast page.

Spark’s Take on LUCK Stock

According to Spark, TipRanks’ AI Analyst, LUCK is a Neutral.

Lucky Strike Entertainment has strong revenue growth and positive corporate developments, but faces challenges in profitability and financial stability, reflected in its negative equity and high leverage. Technical indicators and valuation metrics also suggest caution. The stock’s prospects hinge on improving profitability and overcoming regional challenges.

To see Spark’s full report on LUCK stock, click here.

More about Lucky Strike Entertainment

Lucky Strike Entertainment is a leading location-based entertainment platform with over 360 locations across North America. The company offers experiential services in bowling, amusements, water parks, and family entertainment centers. It also owns the Professional Bowlers Association, a major league of bowling with a global fanbase.

Average Trading Volume: 294,911

Technical Sentiment Signal: Sell

Current Market Cap: $1.38B

For a thorough assessment of LUCK stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1