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Bowlero Corp. Stock Research

BOWL

15.94USD+0.14(+0.89%)Delayed

Market Summary

USD15.94+0.14
Delayed
0.89%

BOWL Alerts

BOWL Stock Price

BOWL RSI Chart

BOWL Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

-60.03

Price/Sales (Trailing)

2.52

EV/EBITDA

20.06

Price/Free Cashflow

24.59

BOWL Price/Sales (Trailing)

BOWL Profitability

Operating Margin

33.28%

EBT Margin

-3.50%

Return on Equity

218.78%

Return on Assets

-2.22%

Free Cashflow Yield

4.07%

BOWL Fundamentals

BOWL Revenue

Revenue (TTM)

1.0B

Revenue Y/Y

33.24%

Revenue Q/Q

18.73%

BOWL Earnings

Earnings (TTM)

-43.1M

Earnings Y/Y

104.16%

Earnings Q/Q

104.28%

Price Action

52 Week Range

8.1917.45
(Low)(High)

Last 7 days

-7.7%

Last 30 days

12.7%

Last 90 days

29.6%

Trailing 12 Months

38.2%

BOWL Financial Health

Current Ratio

1

Debt/Equity

-63.23

Debt/Cashflow

0.27

BOWL Investor Care

Shares Dilution (1Y)

9.23%

Diluted EPS (TTM)

-0.33

Financials for Bowlero

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue7.1%1,029,182,000960,987,000911,705,0001,039,222,000893,614,000
Gross Profit9.6%342,554,000312,682,000301,734,000240,225,000156,995,000
Operating Expenses-32.1%133,784,000197,032,000185,109,000149,346,526137,517,526
  S&GA Expenses-30.7%132,950,000191,781,000180,702,000174,131,000161,511,000
EBITDA28.4%168,347,000131,152,000-18,127,000-183,383,000-195,183,000
EBITDA Margin19.9%0.160.14-0.02-0.18-0.22
Earnings Before Taxes50.7%-35,998,000-73,049,000-30,624,000-170,462,000-175,256,000
EBT Margin54.0%-0.03-0.08-0.03-0.16-0.20
Interest Expenses-3.7%90,319,00093,818,00094,460,000-157,958,000-157,968,000
Net Income45.4%-43,143,000-79,032,000-29,934,000-163,338,000-168,442,000
Net Income Margin49.0%-0.04-0.08-0.03-0.16-0.16
Free Cahsflow203.5%105,305,00034,696,00015,299,000-9,492,728-77,154,197
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.3%1,9411,8791,8541,8721,841
  Current Assets-9.3%139153169214157
    Cash Equivalents-18.6%90.00110132173116
  Inventory2.3%11.0011.0010.0010.0010.00
  Net PPE13.1%653577535512515
  Goodwill0.7%749744743739739
Liabilities3.7%1,7881,7231,6621,6981,654
  Current Liabilities14.2%139122119121121
  Long Term Debt-0.2%877878865868870
    LT Debt, Current-0.2%6.006.005.005.005.00
  Retained Earnings0.4%-344-346-312-319-301
  Additional Paid-In Capital-0.6%336338335297295
Accumulated Depreciation5.7%372352331--
Shares Outstanding-0.2%162163163149-
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations28.9%23418217814359.00
  Share Based Compensation-72.6%15.0053.0050.0047.0045.00
Cashflow From Investing-18.9%-222-187-220-178-415
Cashflow From Financing-514.1%-37.22-6.06-12.1422.00287
  Buy Backs22.5%48.0039.0031.001.000.00

Risks for BOWL

What is the probability of a big loss on BOWL?

60.6%


Probability that Bowlero stock will be more than 20% underwater in next one year

0%


Probability that Bowlero stock will be more than 30% underwater in next one year.

0%


Probability that Bowlero stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BOWL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Bowlero was unfortunately bought at previous high price.

Drawdowns

Returns for BOWL

Cumulative Returns on BOWL

Which funds bought or sold BOWL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.05
12,983
147,983
-%
2023-02-28
Voya Investment Management LLC
reduced
-18.23
-20,340
174,660
-%
2023-02-15
ALLIANCEBERNSTEIN L.P.
reduced
-15.62
-46,232
560,768
-%
2023-02-15
Metropolitan Life Insurance Co/NY
reduced
-24.42
-5,011
25,989
-%
2023-02-15
State of Wyoming
added
17.04
37,531
172,531
0.06%
2023-02-15
Point72 Middle East FZE
new
-
167,853
167,853
0.01%
2023-02-15
Cerity Partners LLC
new
-
384,193
384,193
-%
2023-02-15
MetLife Investment Management, LLC
reduced
-25.63
-50,615
220,385
-%
2023-02-15
JANE STREET GROUP, LLC
reduced
-3.12
29,846
523,846
-%
2023-02-15
LAZARD ASSET MANAGEMENT LLC
added
0.74
15,000
158,000
-%

1–10 of 49

Latest Funds Activity

Are funds buying BOWL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BOWL
No. of Funds

Bowlero News

ValueWalk

These Are The Top 10 Holdings Of George Soros.

ValueWalk,
3 hours ago

Defense World

Washingtonian

50 Best Date Ideas in DC.

Washingtonian,
4 days ago

Marketscreener.com

Bowlero Corp. Expands in Washington State.

Marketscreener.com,
6 days ago

Investor's Business Daily

InvestorsObserver

Schedule 13G FIlings of Bowlero

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 14, 2023
shannon thomas f.
41.4%
77,555,373
SC 13D/A
Mar 09, 2023
a-b parent llc
65.0%
76,883,402
SC 13D/A
Feb 14, 2023
apollo management holdings gp, llc
0.5%
574,538
SC 13G/A
Feb 14, 2023
brigade capital management, lp
4.61%
4,671,155
SC 13G
Feb 13, 2023
soros fund management llc
7.42%
8,154,303
SC 13G/A
Jan 27, 2023
shannon thomas f.
40.4%
73,759,954
SC 13D/A
Jan 27, 2023
parker brett i.
5.7%
6,511,171
SC 13D/A
Mar 23, 2022
apollo management holdings gp, llc
0.9%
1,003,869
SC 13G
Feb 14, 2022
telemark asset management, llc
2.40%
6
SC 13G/A
Feb 14, 2022
citadel advisors llc
0.0%
6
SC 13G/A

BOWL Fair Value

Recent SEC filings of Bowlero

View All Filings
Date Filed Form Type Document
Mar 15, 2023
4
Insider Trading
Mar 15, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
SC 13D/A
13D - Major Acquisition
Mar 10, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
SC 13D/A
13D - Major Acquisition
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading

Latest Insider Trading transactions for BOWL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-13
Parker Brett I.
sold
-
-
-3.00
chief financial officer
2023-03-08
Parker Brett I.
sold
-680,000
17.00
-40,000
chief financial officer
2023-03-07
Parker Brett I.
sold
-540,012
16.5
-32,728
chief financial officer
2023-03-06
Shannon Thomas F.
sold
-3,307,910
16.1674
-204,604
chief executive officer
2023-03-03
Shannon Thomas F.
sold
-2,842,670
16.1375
-176,153
chief executive officer
2023-03-02
A-B Parent LLC
acquired
-
-
4,908,230
-
2023-03-02
KOSTELNI JEFFREY C
sold (taxes)
-7,139
15.9
-449
chief accounting officer
2023-03-02
Shannon Thomas F.
sold
-307,808
16.00
-19,238
chief executive officer
2023-03-02
Parker Brett I.
sold (taxes)
-3,435,070
15.9
-216,042
chief financial officer
2023-03-02
Parker Brett I.
sold
-37,488
16.5
-2,272
chief financial officer

1–10 of 50

Thomas F. Shannon
Bowlero Corp. operates bowling entertainment centers. As of December 26, 2021, it operated approximately 317 centers in the United States, Mexico, and Canada. The company was founded in 1997 and is headquartered in Mechanicsville, Virginia.

BOWL Income Statement

2023-01-01
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jan. 01, 2023
Dec. 26, 2021
Jan. 01, 2023
Dec. 26, 2021
Income Statement [Abstract]    
Revenues$ 273,385$ 205,190$ 503,645$ 386,168
Costs of revenues179,706141,383344,908268,251
Gross profit93,67963,807158,737117,917
Operating (income) expenses:    
Selling, general and administrative expenses34,45293,28366,946114,698
Asset impairment00840
Gain on sale of assets(1,823)(124)(1,978)(154)
Other operating expense6143,3321,9763,809
Total operating expense33,24396,49167,028118,353
Operating profit (loss)60,436(32,684)91,709(436)
Other expenses:    
Interest expense, net27,37923,88050,94946,808
Change in fair value of earnout liability30,776(22,542)71,536(22,542)
Change in fair value of warrant liability070070
Other income(678)0(630)0
Total other expense57,4771,408121,85524,336
Income (loss) before income tax expense (benefit)2,959(34,092)(30,146)(24,772)
Income tax expense (benefit)1,5243621,953(5,882)
Net income (loss)1,435(34,454)(32,099)(18,890)
Series A preferred stock dividends(2,802)(2,221)(5,603)(4,472)
Net loss attributable to common stockholders, basic(1,367)(36,675)(37,702)(23,362)
Net loss attributable to common stockholders, diluted$ (1,367)$ (36,675)$ (37,702)$ (23,362)
Net loss per share attributable to Class A and B common stockholders    
Basic (in dollars per share)$ (0.01)$ (0.25)$ (0.23)$ (0.16)
Diluted (in dollars per share)$ (0.01)$ (0.25)$ (0.23)$ (0.16)
Weighted-average shares used in computing net loss per share attributable to common stockholders    
Basic (in shares)162,478,147148,754,908162,665,041147,801,618
Diluted (in shares)162,478,147148,754,908162,665,041147,801,618

BOWL Balance Sheet

2023-01-01
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2023
Jul. 03, 2022
Current assets:  
Cash and cash equivalents$ 79,446$ 132,236
Restricted cash10,3630
Marketable securities12,1250
Accounts and notes receivable, net of allowance for doubtful accounts of $609 and $504, respectively8,8075,227
Inventories, net11,40710,310
Prepaid expenses and other current assets14,20612,732
Assets held-for-sale2,5528,789
Total current assets138,906169,294
Property and equipment, net652,847534,721
Internal use software, net14,90111,423
Property and equipment under capital leases, net254,583262,703
Intangible assets, net92,79592,593
Goodwill748,594742,669
Other assets38,64341,022
Total assets1,941,2691,854,425
Current liabilities:  
Accounts payable44,59038,217
Accrued expenses76,61262,854
Current maturities of long-term debt5,8214,966
Other current liabilities11,99513,123
Total current liabilities139,018119,160
Long-term debt, net876,856865,090
Long-term obligations under capital leases394,836397,603
Earnout liability282,557210,952
Other long-term liabilities79,35454,418
Deferred income tax liabilities15,21314,882
Total liabilities1,787,8341,662,105
Commitments and Contingencies (Note 10)
Temporary Equity  
Series A preferred stock211,667206,002
Stockholders’ Deficit  
Additional paid-in capital336,261335,015
Treasury stock, at cost(47,968)(34,557)
Accumulated deficit(344,950)(312,851)
Accumulated other comprehensive loss(1,592)(1,306)
Total stockholders’ deficit(58,232)(13,682)
Total liabilities, temporary equity and stockholders’ deficit1,941,2691,854,425
Class A ordinary shares  
Stockholders’ Deficit  
Common stock1111
Class B ordinary shares  
Stockholders’ Deficit  
Common stock$ 6$ 6