Quarterly ResultMay 6, 2026, 07:46 AM
Lucky Strike Q3 Net Income $13.36M; 9-Month Net Loss $(16.85)M
AI Summary
Lucky Strike Entertainment reported a net income attributable to common stockholders of $13.36 million for the three months ended March 29, 2026, an increase from $10.27 million in the prior year. However, for the nine months ended March 29, 2026, the company recorded a net loss of $16.85 million, a significant decline from a $54.27 million net income in the same period last year. The company also completed two business acquisitions for $88.13 million and acquired 58 properties for $306 million, while revising estimated useful lives of fixed assets, which decreased depreciation expense.
Key Highlights
- Net income attributable to common stockholders for Q3 2026 increased to $13.36 million from $10.27 million YoY.
- Net loss attributable to common stockholders for the nine months ended March 29, 2026, was $16.85 million, compared to a $54.27 million net income YoY.
- Total revenues for Q3 2026 rose to $342.23 million from $339.88 million YoY.
- Total revenues for the nine months ended March 29, 2026, increased to $941.37 million from $900.15 million YoY.
- Acquired five locations for $88.13 million and 58 properties for $306 million during the nine-month period.
- Net cash provided by operating activities for the nine months decreased to $115.85 million from $154.77 million YoY.
- Revised estimated useful lives of fixed assets decreased depreciation expense by $8.16 million in Q3 2026 and $23.94 million for the nine months.
- Basic EPS for Q3 2026 was $0.10, up from $0.07 YoY, but nine-month Basic EPS was $(0.12) compared to $0.38 YoY.