Lucky Strike Entertainment Corp

For the period ended Mar 30, 2025. Filed May 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 30, 2025 · Filed May 8, 2025

LUCK$3.40-9.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations (unaudited)

Condensed Consolidated Statements of Operations

(Amounts in thousands, except share and per share amounts)

	Three Months Ended		Nine Months Ended
	March 30,2025	March 31,2024	March 30,2025	March 31,2024
Revenues
Bowling	$159,756	$165,528	$420,926	$427,253
Food & beverage	120,452	118,032	319,393	304,137
Amusement & other	59,674	54,110	159,832	139,356
Total revenues	339,882	337,670	900,151	870,746
Costs and expenses
Location operating costs, excluding depreciation and amortization	92,568	86,766	261,490	238,976
Location payroll and benefit costs	75,617	78,645	213,929	219,441
Location food and beverage costs	27,627	27,178	71,382	67,783
Selling, general and administrative expenses, excluding depreciation and amortization	41,242	37,121	110,437	111,080
Depreciation and amortization	40,325	36,327	116,426	104,750
Loss on impairment and disposal of fixed assets, net	648	1,011	4,695	1,060
Other operating (income) expense, net	(330)	(390)	(212)	1,811
Total costs and expenses	277,697	266,658	778,147	744,901
Operating income	62,185	71,012	122,004	125,845
Other (income) expenses
Interest expense, net	49,414	46,890	146,879	130,575
Change in fair value of earnout liability	(18,886)	(8,868)	(87,489)	14,541
Other expense	17	3	817	66
Total other expense	30,545	38,025	60,207	145,182
Income (loss) before income tax expense (benefit)	31,640	32,987	61,797	(19,337)
Income tax expense (benefit)	18,348	9,141	(2,897)	2,067
Net income (loss)	13,292	23,846	64,694	(21,404)
Series A preferred stock dividends	(2,313)	(2,353)	(6,767)	(6,278)
Earnings allocated to Series A preferred stock	(712)	(1,430)	(3,662)	—
Net income (loss) attributable to common stockholders	$10,267	$20,063	$54,265	$(27,682)
Net income (loss) per share attributable to Class A and B common stockholders
Basic	$0.07	$0.14	$0.38	$(0.18)
Diluted	$0.07	$0.13	$0.36	$(0.18)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders
Basic	141,185,986	148,102,841	143,630,881	152,945,921
Diluted	147,606,436	157,874,876	150,982,706	152,945,921

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.