Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An announcement from Lucky Strike Entertainment ( (LUCK) ) is now available.
Lucky Strike Entertainment reported its financial results for the second quarter of fiscal year 2025, ending December 29, 2024, showing a decrease in revenue by 1.8% to $300.1 million and a decrease in same-store revenue by 6.2%. Despite this, the company achieved a net income of $28.3 million, a significant turnaround from the prior year’s loss. The company expanded its operations by opening new locations and acquiring Boomer’s, which added family entertainment centers and a water park to its portfolio. The company also engaged in a share repurchase program and declared a cash dividend. The results reflect challenges such as macroeconomic uncertainty and a shortened corporate holiday events window due to the election and calendar shifts, yet highlight growth in the leagues business and steady consumer traffic.
More about Lucky Strike Entertainment
Lucky Strike Entertainment is a leading operator of location-based entertainment platforms, with over 360 locations across North America. The company provides experiential offerings in bowling, amusements, water parks, and family entertainment centers, and owns the Professional Bowlers Association, a major league in bowling.
YTD Price Performance: 7.70%
Average Trading Volume: 591,823
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.6B
See more data about LUCK stock on TipRanks’ Stock Analysis page.
