Lucky Strike Entertainment Corporation is one of the world s premier operators of location-based entertainment. With over 360 locations across North America, the Company provides experiential offerings in bowling, amusements, water parks, and family entertainment centers (FEC s).
11.42% operating margin is respectable but not wide. ROIC at 3.40%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 4.0%, steady but not accelerating.
Net debt of $2.57B represents 71.2x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$1.24B
▲ +4.0% YoY
Net Income (TTM)
-$84M
▲ +88.0% YoY
Op. Margin
11.46%
▲ +3.5pp YoY
ROIC
2.90%
▲ +0.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$25M
▲ +191.6% YoY
Op. Cash Flow (TTM)
$138M
▲ +14.5% YoY
Net Debt
$2.73B
Cash & Equiv.
$59M
3Y CAGR: +9.6%
3Y CAGR: +33.2%
Continue Research