BOWLERO


Associated tags: AMF, Bowlmor Lanes, Corp, NYSE, Bowlero Corporation, Bowling, Sports, Entertainment, General Entertainment

Locations: NEW YORK, NY, WASHINGTON, WA, TENNESSEE, TN, WHITE PLAINS, US, MA, SAN DIEGO, ATLANTA, GA, PENNSYLVANIA, MASSACHUSETTS, ILLINOIS, MICHIGAN, UNITED STATES, NORTH AMERICA, VIRGINIA, CALIFORNIA

Bowlero to Report First Quarter 2024 Financial Results on November 7, 2023

Retrieved on: 
Tuesday, October 24, 2023

Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the global leader in bowling entertainment, will report financial results for the first quarter 2024 on Tuesday, November 7, 2023 before the U.S. stock market opens.

Key Points: 
  • Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the global leader in bowling entertainment, will report financial results for the first quarter 2024 on Tuesday, November 7, 2023 before the U.S. stock market opens.
  • Management will discuss the results via webcast at 10:00 AM ET on the same day.

Bowlero Completes $432.9 Million Sale-Leaseback with VICI Properties

Retrieved on: 
Thursday, October 19, 2023

Bowlero Corp. (NYSE: BOWL) (“Bowlero”), the global leader in bowling entertainment, today completed a transaction with VICI Properties Inc. (“VICI”) relating to the transfer of land and real estate assets of 38 Bowling Entertainment Centers across 17 states for aggregate value of $432.9 million.

Key Points: 
  • Bowlero Corp. (NYSE: BOWL) (“Bowlero”), the global leader in bowling entertainment, today completed a transaction with VICI Properties Inc. (“VICI”) relating to the transfer of land and real estate assets of 38 Bowling Entertainment Centers across 17 states for aggregate value of $432.9 million.
  • Bowlero entered into a triple-net master lease agreement with VICI (the “Lease”).
  • Bowlero expects the Lease to be treated as a long-term lease obligation with no effect on EBITDA.
  • Thomas Shannon, Chairman, Founder and CEO of Bowlero, said, “This transaction marks the beginning of a long-term, valuable partnership with VICI.

Bragar Eagel & Squire, P.C. Is Investigating Xponential, Bowlero, and Advance Auto Parts and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, October 3, 2023

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Xponential Fitness, Inc. (NYSE: XPOF), Bowlero Corp. (NYSE: BOWL), and Advance Auto Parts, Inc. (NYSE: AAP).

Key Points: 
  • NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Xponential Fitness, Inc. (NYSE: XPOF), Bowlero Corp. (NYSE: BOWL), and Advance Auto Parts, Inc. (NYSE: AAP).
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Xponential purports to be the largest global franchisor of boutique fitness brands and went public on July 21, 2021 at $12.00 per share.
  • faced in the first quarter to continue.” Advance Auto Parts further revealed that it was cutting its quarterly dividend by 84% “to provide enhanced financial flexibility.”
    For more information on the Advance Auto Parts investigation go to: https://bespc.com/cases/AAP

Bowlero Completes Acquisition of Lucky Strike

Retrieved on: 
Monday, September 18, 2023

Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the world’s largest owner and operator of bowling centers, today announced the close of its previously announced agreement to acquire Lucky Strike Entertainment, LLC (“Lucky Strike”) in an all-cash transaction valued at approximately $90 million.

Key Points: 
  • Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the world’s largest owner and operator of bowling centers, today announced the close of its previously announced agreement to acquire Lucky Strike Entertainment, LLC (“Lucky Strike”) in an all-cash transaction valued at approximately $90 million.
  • With the completion of the transaction, Bowlero has acquired all 14 Lucky Strike bowling centers, increasing the Company’s national footprint to 345 centers in 36 states.
  • Thomas Shannon, Founder, Chief Executive Officer and President of Bowlero, said, “We welcome Lucky Strike to the Bowlero family.
  • All 14 of the Lucky Strike centers are located in prime cities and areas across the country and we expect them to be top-performers within our business.”
    “We look forward to bringing the proven and successful Bowlero operating ethos to the world-class Lucky Strike brand and portfolio.

Bowlero Announces Fourth Quarter and Full Year Results for Fiscal Year 2023

Retrieved on: 
Monday, September 11, 2023

Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the world’s largest owner and operator of bowling centers, today provided financial results for the fourth quarter and the full 2023 Fiscal Year, which ended on July 2, 2023.

Key Points: 
  • Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the world’s largest owner and operator of bowling centers, today provided financial results for the fourth quarter and the full 2023 Fiscal Year, which ended on July 2, 2023.
  • Fourth quarter 2022 and Fiscal Year 2022 had an extra week of results compared to Fourth quarter 2023 and Fiscal Year 2023.
  • Revenue was up 57.5% versus Fiscal Year 2019
    "We finished Fiscal Year 2023 with 16% growth over Fiscal Year 2022 and 58% over Fiscal Year 2019.
  • The same-store comp against a strong fourth quarter in Fiscal 2022 was down low-single digits in one of our seasonally smallest quarters.

Bowlero to Report Fourth Quarter and Full Year 2023 Financial Results on September 11, 2023

Retrieved on: 
Tuesday, August 29, 2023

Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the global leader in bowling entertainment, will report financial results for the fourth quarter and full year 2023 on Monday, September 11, 2023 before the U.S. stock market opens.

Key Points: 
  • Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the global leader in bowling entertainment, will report financial results for the fourth quarter and full year 2023 on Monday, September 11, 2023 before the U.S. stock market opens.
  • Management will discuss the results via webcast at 10:00 AM ET on the same day.

Bragar Eagel & Squire, P.C. Is Investigating Xponential, Bowlero, and Waldencast and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, August 22, 2023

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Additional information about each case can be found at the link provided.
  • Xponential purports to be the largest global franchisor of boutique fitness brands and went public on July 21, 2021 at $12.00 per share.
  • On April 6, 2022, an entity affiliated with Xponential's Chairman of the Board sold 5.175M shares at $20.00 per share in a secondary offering.

Bowlero Corp. Expands in Michigan

Retrieved on: 
Monday, August 21, 2023

Bowlero Corp. (NYSE: BOWL), the global leader in bowling entertainment, announced today they have entered into definitive agreements to acquire Merri-Bowl Lanes and BAM!

Key Points: 
  • Bowlero Corp. (NYSE: BOWL), the global leader in bowling entertainment, announced today they have entered into definitive agreements to acquire Merri-Bowl Lanes and BAM!
  • Entertainment Center in Michigan.
  • These acquisitions mark the company’s 4th and 5th locations in the state and are expected to close in the fall of 2023.
  • “Our expansion in Michigan furthers our commitment to contributing a world-class experience across the country,” stated Thomas Shannon, Founder, President, and CEO of Bowlero Corp. “These acquisitions align with our ongoing strategic growth initiatives of buy, build and convert.

Award Winning Firm Labaton Sucharow Investigating Bowlero Corporation – NYSE: BOWL

Retrieved on: 
Wednesday, August 16, 2023

Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities law violations and breach of fiduciary duty claims against Bowlero Corporation (NYSE: BOWL).

Key Points: 
  • Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities law violations and breach of fiduciary duty claims against Bowlero Corporation (NYSE: BOWL).
  • If you currently own stock or options in Bowlero Corporation and are interested in discussing your rights as a shareholder or suffered a loss, click here to contact Labaton Sucharow to discuss your options.
  • If you want to receive additional information and protect your investments free of charge, please contact Labaton Sucharow’s shareholder rights team via email at [email protected] or calling (888) 543-3218.

Award Winning Firm Labaton Sucharow Investigating Bowlero Corporation – NYSE: BOWL

Retrieved on: 
Thursday, August 10, 2023

Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities law violations and breach of fiduciary duty claims against Bowlero Corporation (NYSE: BOWL).

Key Points: 
  • Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities law violations and breach of fiduciary duty claims against Bowlero Corporation (NYSE: BOWL).
  • If you currently own stock or options in Bowlero Corporation and are interested in discussing your rights as a shareholder or suffered a loss, click here to contact Labaton Sucharow to discuss your options.
  • If you want to receive additional information and protect your investments free of charge, please contact Labaton Sucharow’s shareholder rights team via email at [email protected] or calling (888) 543-3218.