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Lucky Strike Entertainment Reports Second Quarter Results for Fiscal Year 2025

1. Revenue fell 1.8% to $300.1 million year-over-year. 2. Net income was $28.3 million, reversing a loss of $63.5 million. 3. Same Store Revenue decreased by 6.2% compared to last year. 4. New openings contributed positively, with two Beverly Hills centers earning $1 million each. 5. Company plans to grow revenue by 6-10% for FY 2025.

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FAQ

Why Bullish?

Despite a decline in revenue, the net income turnaround shows financial recovery.

How important is it?

Financial recovery and strategic expansion efforts are significant for investor confidence.

Why Long Term?

Expansion through acquisitions and new locations indicate sustainable growth projections.

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LSEnt

Lucky Strike Entertainment Reports Second Quarter Results for Fiscal Year 2025

RICHMOND, Va.--( )--Lucky Strike Entertainment (NYSE: LUCK), one of the world’s premier operators of location-based entertainment, today provided financial results for the second quarter of the 2025 Fiscal Year, which ended on December 29, 2024.

Quarter Highlights:

  • Revenue decreased 1.8% to $300.1 million from $305.7 million in the previous year
  • Same Store Revenue decreased 6.2% versus the prior year
  • Net income of $28.3 million versus prior year loss of $63.5 million
  • Adjusted EBITDA of $98.8 million versus $103.1 million in the prior year
  • From September 30, 2024 through February 5, 2025, opened four new builds and acquired one bowling location, six family entertainment centers and one water park. Total locations in operation as of February 5, 2025 is 364

“This most recent quarter came with heightened macroeconomic uncertainty. We began the quarter with the corporate events business on hold due to concerns over the election outcome...,” said Founder, Chairman, and CEO Thomas Shannon.

Contacts

Lucky Strike Entertainment Corporation Investor Relations
IR@LSEnt.com

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