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Lucky Strike Entertainment Corp

ir.luckystrikeent.com

What Do They Do?

Runs bowling, family entertainment, and water park venues for walk-in guests, groups, and bowling tournament participants.

How Do They Make Money?

Guests pay for bowling on the day they bowl and for food or drinks when purchased. Most amusement and other sales are earned when provided; passes follow guest use, tournament fees are earned when the tournament takes place, and media rights when programming is produced and delivered.

revenue
SegmentShareRevenue
Bowling
Sold outright

45%
FY2023: 49%
Food & beverage
Sold outright

35%
FY2023: 35%
Amusement & other
Mix

20%
FY2023: 16%

Who Are Their Customers?

Walk-in guests and bowling leagues use its locations, while families and companies book birthday parties and corporate events there.

Do Revenues Turn Into Profits?

No. It lost $35.8M in FY2026.

Operating income, FY2026
11% of revenue
▼ 0% vs FY2025 ($137.2M, 11%)
Net income, FY2026
−3% of revenue
▲ +257% (Loss) vs FY2025 (−$10M, −1%)
Free cash flow, FY2026
−1% of revenue
▼ Now a loss vs FY2025 ($36.2M, 3%)

How Are They Changing?

Growing. Revenue grew 37% in 4 years, from $911.7M in FY2022 to $1.2B in FY2026, about 8% a year.

Revenue over time
Bowling Food & beverage Amusement & other Media Food and beverage
$2B$1B$0

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