Bowlero Q1 Sales $227.41M Miss $229.91M Estimate, Net income of $18.2M Vs $(33.5) M Loss YoY
Portfolio Pulse from Benzinga Newsdesk
Bowlero (NYSE:BOWL) reported Q1 sales of $227.41 million, missing the analyst consensus estimate of $229.91 million by 1.09 percent. This represents a 1.24 percent decrease from the same period last year. However, the company reported a net income of $18.2 million, a significant improvement from a loss of $33.5 million YoY.
November 07, 2023 | 12:33 pm
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Bowlero's Q1 sales missed estimates, but the company reported a significant improvement in net income. This mixed result could lead to uncertain short-term price movements.
Bowlero's sales missed estimates, which could negatively impact the stock price. However, the significant improvement in net income could offset this negative impact, leading to uncertain short-term price movements.
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RELEVANCE 100