BUZZ-Bowlero climbs on Q4 revenue beat

Reuters
06 Sep 2024

** Shares of bowling center operator Bowlero rise 13% to $12.19 premarket

** Q4 revenue of $283.9 mln beat Wall Street expectations of $274.4 mln - LSEG data

** Same-store revenue increased 6.9% YoY to $242.5 mln

** Company forecasts fiscal 2025 revenue $1.22 bln to $1.28 bln; compared with average analysts' estimate of $1.25 bln

** Nine of 10 brokerages rate the stock "buy" or higher, one "hold"; their median PT is $17

** Up to Thursday's close, stock had fallen 23.8% YTD

(Reporting by Khushi Singh in Bengaluru)

((Khushi.Singh@thomsonreuters.com))

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