Bowlero Issues Upbeat FY24 Sales Outlook, Plans Investments_老虎社区_美港股上老虎

Bowlero Issues Upbeat FY24 Sales Outlook, Plans Investments

Dow Jones2023-09-11

By Will Feuer

Bowlero expects revenue to climb 10% to 15% in the fiscal year ahead and said it plans to pour nearly $300 million into expanding the business.

The company, which owns more than 300 bowling centers, is targeting fiscal 2024 revenue of $1.14 billion to $1.19 billion, up from $1.06 billion in fiscal 2023, which ended July 2. Analysts surveyed by FactSet expected fiscal 2024 revenue of $1.14 billion.

The company also said it has allocated more than $160 million for acquisitions in fiscal 2024, $40 million to construction of new bowling centers and another $75 million toward conversions.

Chief Executive Tom Shannon said the 12 months ahead will be an "investment year."

Write to Will Feuer at Will.Feuer@wsj.com

(END) Dow Jones Newswires

September 11, 2023 08:11 ET (12:11 GMT)

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菜鸟老白
·2023-09-11
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Analysts surveyed by FactSet expected fiscal 2024 revenue of $1.14 billion. \n</p>\n<p>\n  The company also said it has allocated more than $160 million for acquisitions in fiscal 2024, $40 million to construction of new bowling centers and another $75 million toward conversions. \n</p>\n<p>\n  Chief Executive Tom Shannon said the 12 months ahead will be an \"investment year.\" \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Will Feuer at Will.Feuer@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 11, 2023 08:11 ET (12:11 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BOWL":"Bowlero"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2366522310","content_text":"By Will Feuer \n\n\n \n\n\nBowlero expects revenue to climb 10% to 15% in the fiscal year ahead and said it plans to pour nearly $300 million into expanding the business. \n\n\n  The company, which owns more than 300 bowling centers, is targeting fiscal 2024 revenue of $1.14 billion to $1.19 billion, up from $1.06 billion in fiscal 2023, which ended July 2. 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