Lucky Strike Entertainment Corporation — Cyborg Score 3/10

Strategic Profile

The company rebranded from Bowlero Corp. to Lucky Strike Entertainment in December 2024. As of Q2 FY2026, the company operates 369 locations with 98 Lucky Strike rebranded sites. However, the company currently holds a Zacks Rank #5 (Strong Sell) rating, with guidance pulled and earnings estimates drifting lower amid a long-term downtrend.

Cyborg Score Rationale

Recent Q3 results missed earnings estimates by 69%, with net income declining to $13.3M from $23.8M, revenue declining to $339.9M, and same-store revenue falling 5.6%. The company withdrew full-year guidance citing economic uncertainty and reported softness in corporate events. Management is leaning into cost discipline rather than growth.

Top Insights

• Q3 net income fell 44% YoY to $13.3M; same-store revenue declined 5.6% and adjusted EBITDA slipped
• Corporate events segment weakness is a major drag, though retail, leagues, and food sales show some resilience
• Market cap of $1.4B with 2.2% dividend yield
• Rebranding strategy with 98 Lucky Strike locations and expansion including new venue openings like Aliso Viejo, California (December 2025)

Named Competitors

• Carnival Cruise Line — Cruise and leisure travel operator
• Traditional Bowling Centers — Independent and regional bowling venue operators
• Family Entertainment Centers — Arcade, gaming, and entertainment venue operators

Recent Developments

• (February 2026) Price target reduced by 12.17% to $12.01 per share
• (February 2026) Q2 FY2026: Revenue rose 2.3% to $306.9M but net loss of $12.7M vs prior-year profit of $28.3M; Adjusted EBITDA declined to $77.5M from $98.8M
• (January 2026) Peter Murray appointed CEO of PBA and Head of Media
• (December 2025) Grand opening of Lucky Strike Aliso Viejo, California

Open the full interactive Lucky Strike Entertainment Corporation report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.