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Bowlero Corp. stock falls 10% after release of fiscal 2024 third-quarter earnings

JEFF RICHGELS | Posted: Monday, May 6, 2024 8:00 pm
Bowlero Corp. stock falls 10% after release of fiscal 2024 third-quarter earnings
Bowlero Corp.’s stock fell 10.33% on Monday after it released its fiscal 2024 third-quarter earnings. The stock (NYSE:BOWL) opened Monday at $12.49 per share and closed at $11.20 per share. Its 52-week range is $8.85 to $15.47. The world’s largest bowling center operator and the owner of the PBA reported net income of $23.8 million, or 13 cents a share, on revenue of $337.7 million for the quarter ended March 31, after a loss of $32.1 million, or 22 cents a share, on revenue of...