Lucky Strike Entertainment (NYSE:LUCK) Announces Quarterly Earnings Results, Misses Expectations By $0.07 EPS
by Amy Steele · The Cerbat GemLucky Strike Entertainment (NYSE:LUCK – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.07), Zacks reports. The business had revenue of $342.23 million for the quarter, compared to analysts’ expectations of $353.77 million.
Lucky Strike Entertainment Price Performance
NYSE LUCK traded up $0.67 during trading hours on Friday, reaching $8.20. The company’s stock had a trading volume of 122,682 shares, compared to its average volume of 163,490. The firm has a fifty day simple moving average of $8.20 and a 200-day simple moving average of $8.28. The stock has a market cap of $1.13 billion, a P/E ratio of -13.22 and a beta of 0.60. Lucky Strike Entertainment has a 52 week low of $5.70 and a 52 week high of $11.61.
Lucky Strike Entertainment Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.24 annualized dividend and a dividend yield of 2.9%. Lucky Strike Entertainment’s dividend payout ratio is currently -38.71%.
Key Headlines Impacting Lucky Strike Entertainment
Here are the key news stories impacting Lucky Strike Entertainment this week:
- Positive Sentiment: Lucky Strike’s earnings call highlighted some revenue growth, suggesting the business is still expanding in parts of its portfolio. Lucky Strike Earnings Call Balances AI Gains and Headwinds
- Neutral Sentiment: Craig Hallum downgraded Lucky Strike Entertainment from buy to hold and cut its price target to $6.50, reflecting a more cautious view on the stock. Lucky Strike Entertainment was downgraded by Craig Hallum
- Negative Sentiment: Multiple reports say Lucky Strike has been hit with a class-action lawsuit accusing it of building an “illegal bowling monopoly” and sharply raising prices at acquired bowling alleys, which could bring legal costs and reputational damage. Bowling alley giant Lucky Strike hit with US class action over prices, dominance
- Negative Sentiment: Investors are also reacting to recent guidance pressure and a weak sales update after the company missed Q1 revenue expectations, adding to concerns that consumer demand is softening. Lucky Strike (NYSE:LUCK) misses Q1 CY2026 sales expectations
- Negative Sentiment: Additional local coverage from Seattle echoes the lawsuit allegations that Lucky Strike made bowling more expensive and worse for customers, reinforcing the negative narrative around its pricing strategy. Seattle lawsuit claims Lucky Strike made bowling pricier and worse
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Canaccord Genuity Group set a $13.00 price target on shares of Lucky Strike Entertainment in a report on Thursday, February 5th. JPMorgan Chase & Co. lowered shares of Lucky Strike Entertainment from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $8.00 to $6.00 in a report on Thursday, April 23rd. Jefferies Financial Group set a $12.00 price objective on shares of Lucky Strike Entertainment in a research report on Wednesday. Roth Mkm restated a “neutral” rating and issued a $7.50 target price on shares of Lucky Strike Entertainment in a research report on Thursday, February 5th. Finally, Stifel Nicolaus set a $9.00 target price on shares of Lucky Strike Entertainment in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $8.69.
Read Our Latest Stock Analysis on LUCK
Insiders Place Their Bets
In other Lucky Strike Entertainment news, insider Lev Ekster sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $8.47, for a total transaction of $25,410.00. Following the sale, the insider directly owned 64,296 shares of the company’s stock, valued at $544,587.12. The trade was a 4.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 84.20% of the stock is owned by insiders.
Institutional Trading of Lucky Strike Entertainment
Several institutional investors have recently modified their holdings of LUCK. Geode Capital Management LLC bought a new stake in shares of Lucky Strike Entertainment in the second quarter worth $2,661,000. XTX Topco Ltd bought a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at about $123,000. Invesco Ltd. bought a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at about $114,000. Jane Street Group LLC acquired a new stake in shares of Lucky Strike Entertainment in the second quarter valued at about $1,117,000. Finally, Bank of America Corp DE bought a new position in shares of Lucky Strike Entertainment during the second quarter worth about $94,000. Institutional investors own 68.11% of the company’s stock.
About Lucky Strike Entertainment
Lucky Strike Entertainment Corp. engages in operating bowling centers. It offers entertainment concepts with lounge seating, arcades, food and beverage offerings, and hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The company was founded by Thomas F. Shannon in 1997 and is headquartered in Mechanicsville, VA.