Lucky Strike Entertainment : Q3 FY 2026 Results Presentation
LUCK
Published on 05/06/2026 at 07:52 am EDT
May 2026
INVESTOR
PEOPLE
DATA
PROCESS
3
4
Deeper Engagement
Strong Uptake
Membership momentum with 50%+ Y/Y units growth demonstrates strong demand
Higher satisfaction and stronger brand affinity
Rich Customer Data
Pass program captures high-value customer insights
Enables personalization and segmentation
Year-Round
Revenue Lift
Data powers targeted offers & campaigns
5
Drives incremental visitation beyond summer
↗ Acquired AMF at Enterprise Value of
$310M. Lucky Strike put up $20M of equity funding in 2013
↗ Lucky Strike acquired 85 Brunswick locations from Brunswick in 2014 for $260M. In the same year entered Sale-Leaseback
↗
↗
Lucky Strike best practices implemented in acquired centers drove dramatic performance achievements
Grew revenue 4% Revenue CAGR over 11 years despite closing 18% of centers
↗
for $200M, reducing the net purchase price to $60M
Successful cost rationalization played a key role in the improved performance of the assets
↗
6% Revenue CAGR when adjusting for closed centers with AUV going from $1.2 to
$2.2M over the period or an 85% increase
↗
5% Revenue CAGR when adjusting for closed centers with AUV going from $1.9 to
$3.1M over the period or a 63% increase
Deployed $700M of
capital into acquisitions the past three years that will generate long-term returns
Acquired AMF for $310M in 2013. Lucky Strike put up
$20M of equity with the rest funded by debt
Acquired Brunswick for $260M in 2014 and immediately entered into Sale-Leaseback Transaction reducing purchase price to $60M
8-10x EBITDA
Less Original Deal Debt Implies Value Created of
$1.3-$1.5BN
70x+ MOIC over 12 Years
8-10x EBITDA
Less Original Deal Debt Implies Value Created of
$800M-$1BN
15x+ MOIC over 11 Years
6
368 operating locations as of May 2026
Well positioned in highly attractive
markets across North America
Robust acquisition pipeline
supports unit growth
Acquired Boomers which
provides platform for FECs
Lucky Strike and Other Brands to be Converted
AMF/Other
Boomers
Shipwreck Island Raging Waves
Big Kahuna's
Wet n' Wild
Raging Waters
Castle Park
7
…With New Contributions to Non-Bowling Revenue Improving Topline Diversity
Lucky Strike's Brands Cater to Wide Array of Consumers & Experiences…
FY25 (1)
19%
46%
35%
Diversified by
Price…
Cost Conscious
X
X
X
X
X
X
Premium / Higher-End
X
X
X
…And Experience
Birthday Party
X
X
X
X
X
X
X
Date Night
X
X
Family Event
X
X
X
X
X
X
X
Day Out with Friends
X
X
X
X
X
X
Corporate Event
X
X
X
X
X
X
X
Bowling League
X
X
Professional Bowling
X
Pricing differential across Lucky Strike's brands maximizes audience base and mitigates
business risk of macro-economic pressure on consumer discretionary spend
Re-focused marketing approach (enhanced by spend & large quantities of consumer data) enables Lucky Strike to effectively target different segments of the consumer audience, and promote the most relevant experiences
By expanding beyond its traditional bowling footprint and incorporating waterparks + FECs, revenue has become more diverse, helping mitigate traditional seasonality by improving summer sales
(1) Reflects Lucky Strike's primary revenue drivers for FY25A, including bowling, F&B, and all businesses (incl parks) under Amusement & Other
8
AVERAGE REVENUE PER LOCATION
9
OPERATING CASH FLOWGENERATIOX AXD CAPITAL EXPENDITURE OPTINIZATIOXANDRATIOXALIZATIOX EXPECTED TODRIVE DE-LEVERAGING NOVING FORWARD
$194M
$141M
CAPITAL EXPENDITURES
$177M
$155M
FY24 FY25 FY24 FY25
10
REBRAND INITIATIVE
We are currently at 118 Lucky Strike's with the plan to sunset the Bowlero brand by the end of 2026
Old
Lucky Strike Chelsea Piers
11
REBRAND INITIATIVE
Lucky Strike Times Square
12
REBRAND INITIATIVE
Lucky Strike Tysons Corner
13
REBRAND INITIATIVE
Lucky Strike Naperville
14
REBRAND INITIATIVE
Boomers Irvine
15
BEVERLY HILLS
LADERA RANCH
WET 'N WILD EMERALD POINTE
CASTLE PARK
(1) Assumes sale-leaseback values of 12-14x of 50% of EBITDAR. 20
Disclaimer
Lucky Strike Entertainment Corporation published this content on May 06, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 06, 2026 at 11:51 UTC.