# Lucky Strike Revenue Rises 3.5% as Same-Store Revenue Falls and Loss Widens

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/50268
Published: 2026-11-06T18:23:09.000Z
Updated: 2026-11-06T18:23:09.000Z
Section: Business

> Adjusted EBITDA was $72.103 million, compared with $72.654 million a year earlier. The company reaffirmed its fiscal 2027 outlook.

Lucky Strike Entertainment's fiscal 2027 first-quarter revenue rose 3.5% to $302.644 million, but same-store revenue fell 2.6% and its net loss widened, showing uneven performance as new water parks boosted total revenue.

Revenue for the three months ended Sept. 27 was up from $292.278 million in the year-earlier period. Same-store revenue declined to $272.272 million from $279.588 million in the comparable quarter. Net loss reached $25.674 million, compared with $13.798 million for the three months ended Sept. 28, 2025.

Adjusted EBITDA was $72.103 million, down from $72.654 million a year earlier. Net cash from operating activities was $17.104 million, compared with $6.408 million used in the prior-year quarter. Capital expenditures totaled $21.5 million, versus $25.9 million.

Founder and CEO Thomas Shannon tied the revenue increase in part to the first full summer with two new water parks. “The water parks were meaningfully more profitable than last year,” Shannon said. He identified retail walk-in bowling and alcohol as sources of same-store pressure, while events, leagues, food and nonalcoholic beverages grew. “September comped positive,” he said.

Lucky Strike operates more than 360 bowling, amusement, water park and family entertainment centers across North America. The company also owns the Professional Bowlers Association.

The company reaffirmed its fiscal 2027 outlook, including revenue of $1.28 billion to $1.31 billion, or growth of 3% to 5%. It expects adjusted EBITDA of $340 million to $360 million and capital expenditures of about $90 million for the fiscal year.

The board suspended Lucky Strike's quarterly cash dividend on Oct. 29. Retained capital is intended to support debt reduction.