Noble Capital Markets Initiates on Bowlero Corp. with an Out-Perform Rating and a Price Target of $14.50

Rhea-AI Summary

On February 16, 2022, Bowlero Corp. (NYSE: BOWL) announced that Noble Capital Markets has initiated equity research coverage on the company. The report by Senior Research Analyst Michael Kupinski is accessible through Channelchek. Bowlero's President and CFO, Brett Parker, discussed various topics in an exclusive interview, including the company's public listing, competitive market share, growth prospects, and strategic advantages that sustain high margins. Bowlero operates over 300 bowling centers in North America and serves 26 million guests annually.

Positive

• Initiation of equity research coverage by Noble Capital Markets, potentially increasing investor interest.
• Bowlero has a significant market position with over 300 centers and 26 million guests annually.

Negative

• None.

RICHMOND, Va., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Bowlero Corp. (NYSE: BOWL), the world’s largest owner and operator of bowling centers, is pleased to announce that Noble Capital Markets has initiated equity research coverage on the Company. The full report by Noble Capital Markets Senior Research Analyst Michael Kupinski, as well as news and advanced market data on Bowlero Corp. is available on Channelchek.

Additionally, Bowlero participated in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek. Bowlero President and CFO Brett Parker sat down with Michael Kupinski for an exclusive interview, topics covered include:

• What led to the company going public after a rich 25-year history
• Competition, current market share, and the attractive growth outlook
• What regions present the best opportunity for expansion?
• The unique value-add that Bowlero brings to its bowling centers; what allows it to run at such high margins?
• Leveraging PBA ownership to boost the marketing strategy
• Recent stock performance; what will get the price moving in the right direction?

The interview is available now on Channelchek.

About Bowlero Corp.

Bowlero Corp. is the worldwide leader in bowling entertainment. With more than 300 bowling centers across North America, Bowlero Corp. serves more than 26 million guests each year through a family of brands that includes Bowlero, Bowlmor Lanes, and AMF. Bowlero Corp. is also home to the Professional Bowlers Association, which it acquired in 2019 and which boasts thousands of members and millions of fans across the globe. For more information on Bowlero Corp., please visit BowleroCorp.com.

About Noble Capital Markets

Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 37 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek

Channelchek (.com) is a comprehensive investor-centric portal - featuring more than 6,000 emerging growth companies - that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. www.channelchek.com email: contact@channelchek.com

Contacts:

For Media:
Jillian Laufer
JLaufer@BowleroCorp.com

For Investors:
ICR, Inc.
Ryan Lawrence
Ryan.Lawrence@icrinc.com

Ashley DeSimone
Ashley.desimone@icrinc.com

FAQ

What are the recent developments regarding Bowlero Corp. stock?

Noble Capital Markets has initiated equity research coverage on Bowlero Corp. (NYSE: BOWL) as of February 16, 2022.

What topics were discussed in the C-Suite interview with Bowlero's President?

Topics included Bowlero's market share, growth outlook, recent stock performance, and unique operational advantages.

How does Bowlero Corp. perform in the bowling entertainment industry?

Bowlero is the largest owner and operator of bowling centers, with over 300 locations and serving 26 million guests each year.

Who conducted the equity research on Bowlero Corp.?

The equity research was initiated by Noble Capital Markets.

What is Bowlero Corp.'s growth potential in the market?

Bowlero Corp. has a positive growth outlook with strategic opportunities for expansion in various regions.