The following is a summary of the Bowlero Corp. (BOWL) Q4 2024 Earnings Call Transcript:
Financial Performance:
Bowlero Corp reported Q4 revenue of $283 million with a 20.2% total growth and same-store comp growth at 6.9%.
EBITDA for the quarter reached $83.4 million, up 29% year-over-year.
Projected FY '25 financial outlook includes total growth of mid-single digits to 10%, low to mid-single-digit same-store sales comp, and EBITDA margins projected at 32% to 34%.
Business Progress:
Bowlero has expanded through strategic acquisitions such as Raging Waves water park and has upgraded numerous centers to enhance customer experience and operational efficiency.
The company is under construction on four new centers in high-profile locations and continues to prioritize evolving its food and beverage offerings across all locations.
Opportunities:
Bowlero targets strategic acquisitions to drive growth and plans to deploy $154 million in capital expenditures in FY '25 focusing on growth, new building, maintenance, and rebranding efforts.
Risks:
Forecasting challenges due to economic fluctuations and consumer behavior could impact planned growth and returns. Managing food costs remains a headwind.
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
