BOWLERO’S Q3 REVENUES UP 7%

Bowlero Corp. announced a 7% increase in revenues for the third quarter of its 2024 financial year when compared to last year.

Revenue amounted to $337.7 million for the quarter that ended on March 31. Same store revenue declined by 2.1%, while adjusted EBITDA was $122.8 million, compared to $127.6 million last year.

The quarter began slowly due to inclement weather in some areas in January, but also saw the addition of two venues, including the opening of Lucky Strike Miami at the downtown Miami World Center on March 25. That brought the company’s total to 352 centers.

Not long after Lucky Strike Miami opened, it received some unwanted attention when a video of a customer throwing a bowling ball at another customer — an all-too-uncommon occurrence in recent years — went viral.

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