Streetbeat News

BOWL

Bowlero Corp.

https://www.bowlerocorp.com

Industry

Entertainment

Bowlero Corp. operates bowling entertainment centers. As of March 27, 2022, it operated approximately 317 centers in the United States, Mexico, and Canada. The company was founded in 1997 and is headquartered in Mechanicsville, Virginia.

Open

11.80

Mkt cap

1.7B

Volume

514K

High

11.96

P/E Ratio

-20.26

52-wk high

15.47

Low

11.53

Div yield

0.01

52-wk low

9.71

Bowlero has announced its financial projections for FY 2025, expecting revenue between $1.22 billion and $1.28 billion, surpassing the estimated $1.14 billion. The company also anticipates adjusted EBITDA to range from $390 million to $430 million.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:10 pm

Bowlero (NYSE:BOWL) reported Q4 sales of $283.90 million, surpassing the analyst estimate of $274.44 million and marking an 18.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:09 pm

B. Riley Securities has reiterated its Buy rating on Bowlero (NYSE:BOWL) and maintained a price target of $17, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:55 pm

B. Riley Securities analyst Eric Wold has reiterated a Buy rating on Bowlero (NYSE:BOWL) and maintained a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:04 pm

Bowlero shares are trading higher after the company announced that its Summer Season Pass reached $6 million in sales to date.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 7:01 pm

Bowlero Corp. (NYSE:BOWL) announced that its Summer Season Pass has reached $6 million in sales to date, marking an all-time high for the company. This achievement underscores the growing popularity of the pass and Bowlero's commitment to providing value and entertainment.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:09 pm

GameStop shares surged 17.6% in pre-market trading after completing its at-the-market equity offering program, raising $933.4 million. Other notable pre-market movers include Sharps Technology, Calliditas Therapeutics, and Yoshitsu Co., among others.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 12:04 pm

Several major stocks, including Hello Group, MultiPlan Corporation, Larimar Therapeutics, Bowlero Corp, DraftKings, Axsome Therapeutics, Flutter Entertainment, Sea Limited, and Sasol Limited, experienced declines in Tuesday's pre-market trading. Hello Group's significant drop followed disappointing first-quarter results.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 9:45 am

Bowlero Corp. (NYSE:BOWL) announced its agreement to acquire Thunderbowl Lanes, the largest bowling center in the U.S., located in Allen Park, Michigan. The deal includes the business and the 8 acres of land it sits on, expected to close in June 2024 through an all-cash transaction. This acquisition marks Bowlero's sixth location in Michigan.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:51 pm

B. Riley Securities analyst Eric Wold maintains a Buy rating on Bowlero (NYSE:BOWL) but lowers the price target from $19 to $17.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:49 pm

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