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Bowlero Analysts Slash Their Forecasts After Q3 Results
Bowlero Corp. (NYSE:BOWL) reported worse-than-expected third-quarter sales results on Monday.
Bowlero posted GAAP earnings of 13 cents per share, missing market expectations of 26 cents per share. The company's quarterly sales came in at $337.670 million missing estimates of $341.414 million, according to data from Benzinga Pro.
“Third quarter fiscal year 2024 started slowly due to weather. Post the first three weeks of January, we found a stable footing and increased investments to drive traffic. After ...