Bowlero Corp. (BOWL) Reports In-Line Q3 EPS

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/12/2026

1. ADBE
2. SPCX
3. USO
4. SPY
5. RH
6. NVDA
7. RKLB
8. CRM
9. MSFT
10. DOL:CN

Go back to Bowlero Corp. (BOWL) Reports In-Line Q3 EPS

Bowlero Corp. Announces Record-Breaking Results for the Third Quarter of Fiscal Year 2023

May 17, 2023 4:05 PM EDT

Revenue was a record-breaking $316 million in the third quarter, growing $58 million, or 22%, year-over-year, and $111 million, or 54%, relative to the corresponding pre-pandemic period.1 Same-store revenue2 increased $43 million, or 17%, year-over-year, and grew $54 million, or 30%, vs. the comparable pre-pandemic period. Net Loss was $32 million in the third quarter, a $14 million, or 78%, greater loss vs. the prior year's quarter, and a $60 million, or 217%, greater loss relative to the pre-pandemic period. Net loss for the quarter was driven by the $87 million non-cash expense related to the revaluation of the earnout shares. Adjusted for this non-cash expense, Adjusted Net Income was... More