Lucky Strike Entertainment's Q4 revenue misses estimates; co cites World Cup impact

Lucky Strike Entertainment

27/08/2026 12:39

Overview
US entertainment operator's Q4 revenue grew 0.9% yr/yr but missed analyst expectations
Adjusted EBITDA for Q4 declined from prior year
Company says Q4 results impacted by World Cup-related drop in attendance in June

Outlook
Lucky Strike sees FY27 revenue growth of 3% to 5%
Company expects FY27 revenue of $1.28 bln to $1.31 bln
Lucky Strike forecasts FY27 adjusted EBITDA of $340 mln to $360 mln

Result Drivers
WORLD CUP IMPACT - Co said June attendance dropped sharply as consumers stayed home to watch the World Cup, pulling Q4 results below zero
POSITIVE TREND IN EVENTS AND LEAGUES - Co said leagues grew and accelerated through spring, food remained strongly positive, retail bowling continued to grow, and events turned positive in late spring, but June disruption offset gains
WATERPARKS OPERATIONAL IMPROVEMENT - Co said waterparks saw higher per-capita spending, lower labor costs, and improved profitability, though most summer earnings will be recognized in September quarter

Company press release: ID:nBw5gHdJSa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$303.9 mln
$312.35 mln (10 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Lucky Strike Entertainment Corp is $9.00, about 33.5% above its August 26 closing price of $6.74
The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 28 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)