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BOWL

13.18USD-0.52(-3.80%)Market Closed

Bowlero Corp.

Market Summary

USD13.18-0.52Market Closed
-3.80%

BOWL Alerts

BOWL Stock Price

RSI Chart

Valuation

Market Cap

2.4B

Price/Earnings

-79.3

Price/Sales

2.6

Price/Cashflow

13.36

MarketCap/EBT

-77.52

Price/Sales

Profitability

Operating Margin

33.10%

EBT Margin

-3.36%

Return on Equity

218.78%

Return on Assets

-1.61%

Fundamentals

Revenue

Revenue (TTM)

961.0M

Revenue Y/Y

27.23%

Revenue Q/Q

-13.99%

Earnings

Earnings (TTM)

-79.0M

Earnings Y/Y

-315.46%

Earnings Q/Q

-582.99%

Price Action

52 Week Range

15.28
(Low)(High)

Last 7 days

-3.3%

Last 30 days

-8.3%

Last 90 days

13.2%

Trailing 12 Months

32.1%

Financial Health

Current Ratio

1.42

Debt/Equity

-63.23

Debt/Cashflow

0.21

Investor Care

Shares Dilution (1Y)

10.72%

Diluted EPS (TTM)

-0.57

Financials for Bowlero

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue5.4%9619121,039894762
Gross Profit3.6%31330224015781
Operating Expenses6.4%1971851311027
  S&GA Expenses6.1%19218115414164
Earnings Before Taxes-138.5%-73.05-30.62-170.46-175.26-190.19
Net Income-164.0%-79.03-29.93-163.34-146.27-149.09
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.4%1,8791,8541,8721,841256
  Current Assets-9.6%1531692141571
    Cash Equivalents-16.5%1101321731161
  Inventory8.1%111010109
  Net PPE8.0%577535512515485
  Goodwill0.1%744743739739736
Liabilities3.7%1,7231,6621,6981,6541,553
  Current Liabilities2.2%122119121121145
  Long Term Debt1.5%878865868870829
    LT Debt, Current17.5%655545
Shareholder's Equity-263.7%-49.77-13.68-274.74--
  Retained Earnings-10.7%-346.38-312.85-319.79-301.81-31.10
  Additional Paid-In Capital1.0%338335297295-
Accumulated Depreciation5.7%372352331--
Shares Outstanding9.3%163149---
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations2.3%1821781435941
  Share Based Compensation5.7%535047453
Cashflow From Investing15.1%-187.11-220.34-178.74-415.69-358.02
Cashflow From Financing50.1%-6.06-12.1422287252
  Buy Backs141.5%763100
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on BOWL?

53.6%


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.

Returns

Cumulative Returns on BOWL

Which funds bought or sold BOWL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
106,000
627,000
-%
2022-11-16
Neo Ivy Capital Management
NEW
-
44,000
44,000
0.12%
2022-11-15
CIBC Private Wealth Group, LLC
ADDED
22.08
160,000
541,000
-%
2022-11-15
Ratan Capital Management LP
SOLD OFF
-100
-1,594,000
-
-%
2022-11-15
Alpha Paradigm Partners, LLC
NEW
-
740,000
740,000
0.32%
2022-11-15
Balyasny Asset Management LLC
REDUCED
-40.31
-1,056,000
2,392,000
0.01%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
NEW
-
253,648
253,648
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
34.33
218,000
607,000
-%
2022-11-15
Northern Right Capital Management, L.P.
ADDED
24.1
1,807,000
5,890,000
3.12%
2022-11-15
STATE STREET CORP
ADDED
8.39
1,657,000
8,033,000
-%

1–10 of 46

Latest Funds Activity

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

Bowlero News

Yahoo Eurosport UK

Bowlero (NYSE:BOWL) Is Doing The Right Things To Multiply Its Share Price.35 hours ago

The Motley Fool

The Motley Fool

BOWL Fair Value

Recent SEC filings of Bowlero

View All Filings
Date Filed Form Type Document
Nov 16, 2022
10-Q
Quarterly Report
Nov 16, 2022
424B3
Prospectus Filed
Nov 16, 2022
8-K
Current Report
Nov 01, 2022
8-K
Current Report
Oct 31, 2022
DEF 14A
DEF 14A
Oct 31, 2022
DEFA14A
DEFA14A
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 27, 2022
8-K
Current Report
Oct 18, 2022
424B3
Prospectus Filed

Latest Insider Trading transactions for BOWL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-02
Parker Brett I.
ACQUIRED
-
-
196
Chief Financial Officer
2022-08-17
Parker Brett I.
ACQUIRED
-
-
98
Chief Financial Officer
2022-06-13
Young John Alan
BOUGHT
45,530
9.106
5,000
-
2022-05-06
Parker Brett I.
ACQUIRED
-
-
104
Chief Financial Officer
2022-05-06
Barrios George A.
ACQUIRED
3,963,460
3.406
1,163,670
-
2022-05-06
Wilson Michelle D
ACQUIRED
3,963,460
3.406
1,163,670
-
2022-04-14
Shannon Thomas F.
ACQUIRED
-
-
2,400,000
Chief Executive Officer
2022-04-04
Parker Brett I.
ACQUIRED
-
-
516
Chief Financial Officer
2022-03-01
A-B Parent LLC
ACQUIRED
-
-
42,000
-
2022-03-01
Bass Robert J
ACQUIRED
-
-
21,000
-

1–10 of 34

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

2022-10-02
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Oct. 02, 2022
Sep. 26, 2021
Income Statement [Abstract]  
Revenues$ 230,260$ 180,978
Costs of revenues165,202126,868
Gross profit65,05854,110
Operating (income) expenses:  
Selling, general and administrative expenses32,49421,415
Asset impairment840
Gain on sale or disposal of assets(155)(30)
Other operating expense1,362477
Total operating expense33,78521,862
Operating profit31,27332,248
Other expenses:  
Interest expense, net23,57022,928
Change in fair value of earnout liability40,7600
Other expense480
Total other expense64,37822,928
(Loss) income before income tax expense (benefit)(33,105)9,320
Income tax expense (benefit)429(6,244)
Net (loss) income(33,534)15,564
Series A preferred stock dividends(2,801)(2,251)
Net (loss) income attributable to common stockholders, basic(36,335)13,313
Net (loss) income attributable to common stockholders, diluted$ (36,335)$ 13,313
Net (loss) income per share attributable to Class A and B common stockholders  
Basic (in dollars per share)$ (0.22)$ 0.09
Diluted (in dollars per share)$ (0.22)$ 0.09
Weighted-average shares used in computing net loss per share attributable to common stockholders  
Basic (in shares)162,854,597146,848,328
Diluted (in shares)162,854,597151,887,040

BOWL Balance Sheet

2022-10-02
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 02, 2022
Jul. 03, 2022
Current assets:  
Cash and cash equivalents$ 110,361$ 132,236
Marketable securities2,9350
Accounts and notes receivable, net of allowance for doubtful accounts of $527 and $504, respectively5,4315,227
Inventories, net11,14710,310
Prepaid expenses and other current assets14,48812,732
Assets held-for-sale8,7198,789
Total current assets153,081169,294
Property and equipment, net577,260534,721
Internal use software, net12,39311,423
Property and equipment under capital leases, net261,618262,703
Intangible assets, net92,11992,593
Goodwill743,655742,669
Other assets39,34241,022
Total assets1,879,4681,854,425
Current liabilities:  
Accounts payable40,26538,217
Accrued expenses61,73262,854
Current maturities of long-term debt5,8344,966
Other current liabilities13,90613,123
Total current liabilities121,737119,160
Long-term debt, net878,243865,090
Long-term obligations under capital leases398,223397,603
Earnout liability251,779210,952
Other long-term liabilities58,34454,418
Deferred income tax liabilities14,90614,882
Total liabilities1,723,2321,662,105
Commitments and Contingencies (Note 10)
Temporary Equity  
Series A preferred stock206,002206,002
Stockholders’ Deficit  
Additional paid-in capital338,294335,015
Treasury stock, at cost(40,019)(34,557)
Accumulated deficit(346,385)(312,851)
Accumulated other comprehensive loss(1,673)(1,306)
Total stockholders’ deficit(49,766)(13,682)
Total liabilities, temporary equity and stockholders’ deficit1,879,4681,854,425
Class A ordinary shares  
Stockholders’ Deficit  
Common stock1111
Class B ordinary shares  
Stockholders’ Deficit  
Common stock$ 6$ 6