Bowlero Corp. - BOWL STOCK NEWS

Bowlero Corp. (NYSE: BOWL) announced that Brett Parker, President and CFO, will participate in the IPO Edge 'Going-Public Boot Camp' on March 29, 2022, from 2-3:30 PM EDT. This event will also feature other companies including SES AI Corp. and Nasdaq. Bowlero Corp. is a leader in bowling entertainment, operating over 300 centers in North America and serving over 26 million guests annually. The company acquired the Professional Bowlers Association in 2019.

The IPO Edge Boot Camp is scheduled for March 29, 2022, at 2 PM ET, hosted by IPO Edge and the Palm Beach Hedge Fund Association. The event aims to address the state of IPOs amid current market volatility and feature speakers from Bowlero Corp. (NYSE: BOWL) and SES AI Corp. (NYSE: SES). Topics include effective preparation for public offerings, SPAC dealmaking, and secondary market trading of IPOs. Prominent speakers include experts from Nasdaq, Stifel, and ICR, alongside senior management from Bowlero and SES. Register to participate in the live Q&A session.

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.

Bowlero Corp. reported significant revenue growth, totaling over $200 million, reflecting a 177.3% increase year-over-year and 11% compared to pre-pandemic levels. Despite a net loss of $34.5 million, driven by transaction expenses related to their de-SPAC transaction and share-based compensation, adjusted net income reached $14.4 million, a notable improvement from a loss of $49.1 million in the prior year. Adjusted EBITDA rose 26.2% to $66.8 million.

Bowlero Corp. (NYSE: BOWL) has announced a share repurchase program to buy back up to $200 million of its Class A common stock and warrants by February 3, 2024. The initiative aims to enhance long-term shareholder value amid a belief that its stock is undervalued. Bowlero's CEO stated the program provides the company with flexibility to invest in growth while returning capital to investors. The program's execution will depend on various market factors and is not guaranteed to proceed as planned.

Isos Capital Management announced the appointment of Brian Flinn as Managing Director, effective immediately. Flinn will focus on sourcing and executing investment opportunities, enhancing the firm's capabilities in media, entertainment, sports, and technology sectors. His extensive experience includes C-Suite roles in global sports and entertainment, making him a valuable asset as Isos expands post the $2.6B business combination with Bowlero Corp (NYSE: BOWL). Co-CEOs George Barrios and Michelle Wilson emphasized Flinn's analytical skills and ability to drive growth.

Bowlero Corp. announced that Brett Parker, its President and CFO, will engage in a fireside chat at the ICR Virtual Conference 2022, hosted by Nicole Miller Regan of Piper Sandler. The event is scheduled for January 11, 2022, at 10:30 AM ET. Investors can access the live webcast on Bowlero's Investor Relations website. Bowlero operates over 300 bowling centers in North America and serves 26 million guests annually. The ICR Conference is a key event for networking and gaining insights into growth trends.

Bowlero Corp., the largest bowling center operator, celebrates its NYSE listing under the symbols BOWL and BOWL.WS after merging with Isos Acquisition Corporation. The announcement includes a nationwide offer of one free bowling game per customer as a thank-you gesture, available until 8 PM local time. The company reported a 20.3% increase in total bowling center revenue to $134 million compared to pre-pandemic levels in 2019. Bowlero operates over 300 centers across North America and aims to expand further in the industry.

Bowlero Corp has successfully completed its business combination with Isos Acquisition Corporation, resulting in Bowlero now operating under the NYSE symbols 'BOWL' and 'BOWL WS'. Approved by around 90% of Isos stockholders on December 14, 2021, this strategic merger enhances Bowlero's position as the largest bowling center operator globally. Bowlero operates over 300 centers, serving over 26 million guests annually. The completion of this merger is expected to fuel Bowlero's future growth and expansion in the entertainment sector.