Quarterly ResultMay 6, 2026, 07:37 AM
Lucky Strike Q3 Revenue $342.2M, Net Income $16.9M
AI Summary
Lucky Strike Entertainment reported preliminary financial results for the third quarter of fiscal year 2026, with total revenue increasing 0.7% to $342.2 million and net income rising to $16.9 million from $13.3 million year-over-year. Despite challenges from winter storms and declining consumer sentiment, the company achieved its first back-to-back positive same-store revenue performance since 2024. Management implemented cost optimization initiatives, including leveraging AI, and declared a quarterly cash dividend of $0.06 per share.
Key Highlights
- Total revenue increased 0.7% to $342.2 million in Q3 FY2026 from $339.9 million in the prior year.
- Net income rose to $16.9 million in Q3 FY2026, up from $13.3 million in the previous year.
- Same Store Revenue increased 0.2% year-over-year, marking the first back-to-back positive comp since 2024.
- Adjusted EBITDA decreased to $109.0 million from $117.3 million in the prior year.
- Repurchased 1.1 million shares for $8.3 million, with $59 million remaining under the program.
- Declared a quarterly cash dividend of $0.06 per common share for Q4 FY2026.
- Acquired one water park, bringing total locations to 368 as of May 6, 2026.
- Fiscal Year 2026 guidance projects total revenue of $1,250M to $1,260M and Adjusted EBITDA of $345M to $350M.