Lucky Strike Entertainment Corporation (LUCK) Stock

Lucky Strike Entertainment Corporation (LUCK) is a Communication Services stock trading at $6.62 (as of 2026-08-20), with a market capitalization of $919.91M and a trailing P/E of 249.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Lucky Strike Entertainment Corporation operates location-based entertainment venues and platforms in North America under brand names including AMF, Bowlero, Lucky X Strike, Boomers, and PBA. It also runs bowling, amusements, water parks, and family entertainment centers.

Understand Lucky Strike Entertainment Corporation: how it makes money

Lucky Strike Entertainment operates location-based entertainment venues (bowling and broader family entertainment under brands including AMF, Bowlero, Lucky X Strike, Boomers, and PBA) in North America, generating revenue from activities and guest spend across bowling, food and beverage, and amusements, and also contributing from acquisitions and new builds.

Profitability is fundamentally driven by revenue performance at the venue level, with the company tracking Same Store Revenue and category spend (bowling, food and beverage, amusements), while also expecting incremental results from Lucky Strike conversions and rebrands at existing locations and from acquisitions and new builds.

Revenue by segment (latest quarter)
Excl Service Fee$0.3B
Acq+New Builds$0.0B

Business quality (Solid): Clear operating categories and operating metrics are provided, but segment labeling is limited to high-level revenue components and there is not enough detail here to verify strict segment methodology or coverage.

Bull case

  • Venue-level performance tracked via Same Store Revenue: The company discloses Same Store Revenue (0.33 USD_B) as a key operating metric, alongside category-level revenue measures such as Bowling Revenue (0.16 USD_B) and Food and Beverage Revenue (0.12 USD_B).
  • Healthy operating profitability in the latest period: Operating margin is reported at 19.2% for the period ended 2026-03-29.
  • Brand conversions and rebrands are actively in progress: Operational updates include Lucky Strike Conversions Completed (115 count), Lucky Strike Rebrands Completed (30 count), and Lucky Strike Locations Operated (118 count).

Bear case

  • Revenue mix concentration by activity type: Total results are exposed to what happens across bowling, food and beverage, and amusements, since these are presented as major revenue sources (Bowling Revenue 0.16 USD_B, Food and Beverage Revenue 0.12 USD_B, Amusements and Other Revenue 0.06 USD_B).
  • Discretionary leisure demand risk: As a provider of location-based entertainment venues, performance can be sensitive to consumer spending patterns on leisure activities, including guest traffic and in-venue purchases.
  • Execution risk from multi-location rebranding: The company is in the middle of conversions and rebrands (Rebrands Completed 30 count, Rebranded Locations 74 count), which can create periods where results depend on execution quality across many locations.
Valuation — source: SEC EDGAR (first-party)
Price$6.62
Market Cap$919.91M
P/E Ratio249.4
EV / EBITDA8.0
Price / Sales0.72
FCF Yield1.5%
DCF Value (model)$10.38
DCF Upside vs Price56.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.20B
Net Margin-0.8%
Revenue Growth (YoY)0.7%
EPS Growth (YoY)42.9%
FCF Growth (YoY)-30.9%
Financial Health — source: SEC EDGAR
Altman Z-Score0.52 (distress)
Valuation vs Sector & Industry
Stock P/E249.4
Sector P/E (Communication Services)24.4
Industry P/E (Entertainment)39.5
vs Sector922.8%
vs Industry531.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderAtairos Group, Inc. ($527.70M)
Institutional Holders Tracked10
Company
SectorCommunication Services
IndustryEntertainment
CEOThomas F. Shannon
Employees11,374
CountryUS
IPO Date2021-04-23

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LUCK earnings history · LUCK institutional & insider holders · LUCK KPIs & operating metrics · LUCK financials · LUCK investor presentations & press releases · LUCK SEC filings · LUCK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.