Bowlero has announced that its first quarter revenues have increased by 14.4 per cent to more than US$260m.
Its Q1 2025 ended on September 29, 2024, and is a rise from $227.4m the previous year. Total location revenue also increased by 17.5 per cent when compared with Q1 2024, while same store revenue increased by 0.4 per cent.
The period saw two new venues built, while it also acquired one bowling location, five FECs and a water park. It takes the company’s total number of locations to 361.
Company founder, CEO and chairman, Thomas Shannon, said: “Total location revenue grew 17.5 per cent year over year in the quarter as we outperformed the market driven by increased customer wallet share through heightened food, beverage and experiential offerings.
“We acquired Boomers Parks, a leading family entertainment centre brand in California and Florida.
"In addition, we recently acquired Spectrum Entertainment Complex, a 52-lane bowling and events venue near Grand Rapids, Michigan, and opened two Lucky Strike locations in Denver.
"We expect to open the flagship Lucky Strike Beverly Hills and Lucky Strike Ladera Ranch, California, shortly.
