Lucky Strike Entertainment reported second-quarter revenue of $306.9 million, up 2.3% from $300.1 million in the year-ago period, driven by strength in walk-in retail and league play. Adjusted EBITDA for the quarter was $77.5 million, compared with $98.8 million in the prior year, reflecting elevated marketing investment and disciplined cost controls. The company recorded a net loss of $12.7 million, versus net income of $28.3 million in the same quarter last year, primarily due to strategic reinvestment in brand awareness initiatives and events rebuild efforts.

During the five-month period ending February 4, 2026, Lucky Strike acquired one water park, bringing total locations to 369 after closing an underperforming site. The rebrand initiative advanced, with 98 venues now operating under the Lucky Strike banner. Same-store revenue increased modestly by 0.3%, while event sales returned to positive growth in January 2026 for the first time in nearly two years, signaling improved demand and execution across the portfolio.

Management reiterated full-year revenue growth guidance of 5% to 9%, implying total revenues between $1.26 billion and $1.31 billion. Adjusted EBITDA is projected to range from $375 million to $415 million. The company expects margin expansion as non-bowling entertainment assets enter their peak season, and anticipates that recent acquisitions will reach company-wide margin levels within 12 to 18 months of integration.

Lucky Strike’s Board declared a quarterly cash dividend of $0.06 per share, payable March 6, 2026, to shareholders of record as of February 20, 2026. This marks the sixth consecutive quarterly distribution, reflecting management’s commitment to returning capital while funding high-ROI growth initiatives.