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Added to YB: 2023-02-05

Pitch date: 2023-02-05

BOWL [bearish]

Lucky Strike Entertainment Corporation

+34.31%

current return

Author Info

Company Info

Lucky Strike Entertainment Corporation provides location-based entertainment platforms under the AMF, Bowlero, Lucky X Strike, Boomers, and PBA brand names in North America.

Market Cap

$1.3B

Pitch Price

$13.76

Price Target

N/A

Dividend

2.44%

EV/EBITDA

11.27

P/E

-126.32

EV/Sales

3.68

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Bowlero: Time to Strike

BOWL: Overvalued at 50x norm earnings for mediocre growth bowling biz. Likely overearning on COVID reopening w/ debt due 2024. CEO sold 55% stake in Jan despite stock +34% since SPAC. Low short interest & borrow cost = asymmetric short w/ huge downside on miss & limited upside.

Read full article (3 min)