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Bowlero Corp. (BOWL) SEC Filing 10-Q Quarterly Report for the period ending Sunday, December 26, 2021

Bowlero Corp.

CIK: 1840572 Ticker: BOWL

Exhibit 99.1 

 

Bowlero Corp. Announces Strong Financial Results for the Second Quarter of Fiscal Year 2022

 

Significant growth in Revenue, totaling over $200 million, grew 177.3% year over year and 11% relative to pre-pandemic performance; 1.6% on a same-store basis vs. pre-pandemic levels.

 

Net Loss for the Quarter of $34.5 million was driven primarily by expenses related to the successful de-SPAC transaction, which include $29.1 million in transactional expenses and $42.2 million in share based compensation, partially offset by $22.5 million in income related to the change in the fair value of earnouts and warrants. Net Income for the quarter, adjusted for these items was $14.4 million vs. a net loss of $49.1 million in the prior year.1

 

Adjusted EBITDA grew to $66.8 million, up 26.2% relative to pre-pandemic performance and $70.5 million vs. prior fiscal year.1

 

Trailing fifty-two week Net Loss was $55.4 million. Trailing fifty-two week Adjusted EBITDA of $195.3 million exceeded pre-pandemic levels by 12.3%.1

 

RICHMOND, Va. February 9, 2022 – Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the world’s largest owner and operator of bowling centers, today provided financial results for the 2022 fiscal year second quarter, which ended on December 26, 2021. Bowlero announced that it grew revenue in the quarter to over $200 million, driven by strong growth in walk in retail revenue. Total revenue grew by 11% compared to pre-pandemic levels and by 177.3% on a year-over-year basis. Same-store sales rose by 1.6% relative to pre-pandemic levels.

 

“As we enter the new calendar year, we are excited to see our bowling centers filled with guests and we look forward to continuing to provide the best-in-class bowling experience that they have to come to expect from Bowlero”, said Tom Shannon, Founder and Chief Executive Officer.

 

Second Quarter Financial Summary

 

Significant growth in Revenue, totaling over $200 million, up 11% relative to pre-pandemic performance and 177.3% on a year-over-year basis; 1.6% on a same-store basis vs. pre-pandemic levels despite headwinds of Omicron, and Halloween and Christmas falling on weekends.

 

Net Loss for the Quarter of $34.5 million was driven primarily by expenses related to the successful de-SPAC transaction, which include $29.1 million in transactional expenses and $42.2 million in share based compensation, partially offset by $22.5 million in income related to the change in the fair value of earnouts and warrants. Net Income for the quarter, adjusted for these items was $14.4 million vs. a net loss of $49.1 million in the prior year.1

 

Adjusted EBITDA grew to $66.8 million, up 26.2% relative to pre-pandemic performance and $70.5 million vs. prior fiscal year.1

 

Trailing fifty-two week Net Loss was $55.4 million. Trailing fifty-two week Adjusted EBITDA of $195.3 million exceeded pre-pandemic levels by 12.3%.1

 

Cash generated from Operations was $27.7 million.

 

 

1“GAAP” stands for Generally Accepted Accounting Principles in the U.S. Please see the sections of this document titled “GAAP Financial Statements” and “GAAP to non-GAAP Reconciliations” for more information on the Company’s GAAP and non-GAAP measures. Certain figures in the tables throughout this document may not foot due to rounding.

 

 

 

 

Bowlero Corp. also grew its bowling center portfolio during the quarter by adding five new bowling centers in the United States – consisting of three acquisitions of centers in Spring Hill, FL, Port St. Lucie, FL, and Vacaville, CA, along with the opening of two newly constructed centers in Oxnard, CA and Tysons Corner, VA.

 

“We are continuing to see significant growth, both organically, through same-store improvements, and inorganically, through unit additions,” said Brett Parker, President and CFO of Bowlero Corp. “The revenue growth in the second quarter came despite the recent COVID wave disrupting what is typically a corporate event-heavy quarter. Additionally, both Halloween and Christmas being celebrated on Saturdays negatively impacted our revenue in the quarter. Nevertheless, we still had one of our highest grossing quarters of all time, produced powerful growth in Revenue and Adjusted EBITDA, and generated nearly $28 million in cash from operations.”

 

Total Bowling Center Revenue2 Performance Trend

 

 

*The revenue performance for the week ending 10/31/21 is negatively impacted by Halloween falling on the weekend.

*The revenue performance for the week ending 12/26/21 is negatively impacted by Christmas Day falling on the weekend.

 

Investor Webcast Information

 

Listeners may access an investor webcast hosted by Bowlero. The webcast and results presentation will be accessible today at 5:30 PM ET in the Events & Presentations section of the Bowlero Investor Relations website at https://ir.bowlerocorp.com/overview/default.aspx

 

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.

 

 

2Total Bowling Center Revenue excludes closed bowling center activity and media revenue, which is also a component of our bowling operations. For weeks between 9/5/21 and 12/26/21, the percentages above are calculated by comparing each week to the comparable week in 2019. For weeks after 12/26/21, the percentages above are calculated by comparing each week to the comparable week in 2020. Data for all weeks following the close of the quarter ended on 12/26/21 are preliminary.

 

2

 

 

Forward Looking Statements

 

Some of the statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are generally identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology and include preliminary results. These forward-looking statements reflect our views with respect to future events as of the date of this release and are based on our management’s current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, and could cause future events or results to be materially different from those stated or implied in this document. It is not possible to predict or identify all such risks. These risks include, but are not limited to: the impact of COVID-19 or other adverse public health developments on our business; our ability to grow and manage growth profitably, maintain relationships with customers, compete within our industry and retain our key employees; changes in consumer preferences and buying patterns; the possibility that we may be adversely affected by other economic, business, and/or competitive factors; the risk that the market for our entertainment offerings may not develop on the timeframe or in the manner that we currently anticipate; general economic conditions and uncertainties affecting markets in which we operate and economic volatility that could adversely impact our business, including the COVID-19 pandemic and other factors described under the section titled “Risk Factors” in the registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the “SEC”) by the Company, as well as other filings that the Company will make, or has made, with the SEC, such as Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in other filings. We expressly disclaim any obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.

 

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GAAP Financial Statements

 

Bowlero Corp.

Condensed Consolidated Balance Sheets

(Amounts in thousands, except share and per share amounts)

(UNAUDITED)

 

   December 26,
2021
   June 27,
2021
 
Assets        
Current assets:        
Cash and cash equivalents  $115,659   $187,093 
Accounts and notes receivable, net of allowance for doubtful accounts of $200 and $204, respectively   4,458    3,300 
Inventories, net   10,397    8,310 
Prepaid expenses and other current assets   12,088    8,056 
Assets held-for-sale   14,281    686 
Total current assets   156,883    207,445 
           
Property and equipment, net   514,991    415,661 
Internal use software, net   9,866    9,062 
Property and equipment under capital leases, net   280,324    284,077 
Intangible assets, net   96,517    96,057 
Goodwill   739,011    726,156 
Investment in joint venture   1,168    1,230 
Other assets   42,450    42,550 
Total assets  $1,841,210   $1,782,238 
           
Liabilities, Mezzanine Equity and Stockholders’ Deficit          
Current liabilities:          
Accounts payable  $37,974   $29,489 
Accrued expenses   69,690    63,650 
Current maturities of long-term debt   4,983    5,058 
Other current liabilities   8,185    9,176 
Total current liabilities   120,832    107,373 
           
Long-term debt, net   869,606    870,528 
Long-term obligations under capital leases   386,989    374,598 
Earnout liability   158,572    - 
Warrant liability   22,495    - 
Other long-term liabilities   80,857    87,749 
Deferred income tax liabilities   14,234    11,867 
Total liabilities   1,653,585    1,452,115 
           
Mezzanine Equity          
Series A preferred stock - Old Bowlero   -    141,162 
           
Series A preferred stock   200,000    - 
           
Redeemable Class A common stock - Old Bowlero   -    464,827 
           
Stockholders’ deficit:          
Class A common stock   11    10 
Class B common stock   6    - 
Additional paid-in capital   294,828    - 
Accumulated deficit   (301,807)   (266,472)
Accumulated other comprehensive loss   (5,413)   (9,404)
Total stockholders’ deficit   (12,375)   (275,866)
           
Total liabilities, mezzanine equity and stockholders’ deficit  $1,841,210   $1,782,238 

 

4

 

 

Bowlero Corp.

Condensed Consolidated Statements of Operations

(Amounts in thousands, except share and per share amounts)

(UNAUDITED)

 

   Three Months Ended 
   December 26,   December 27,   December 29, 
   2021   2020   2019 
Revenues  $205,190    73,988    184,842 
Costs of revenues   141,383    86,045    132,843 
Gross profit (loss)   63,807    (12,057)   51,999 
Operating (income) expenses:               
Selling, general and administrative expenses   93,283    16,481    25,162 
Loss (gain) on sale or disposal of assets   (124)   (142)   219 
Income from joint venture   (79)   (40)   (60)
Management fee income   (109)   (13)   (166)
Other operating expense (income)   3,520    (1,565)   438 
Total operating expense, net   96,491    14,721    25,593 
Operating (loss) income   (32,684)   (26,778)   26,406 
Nonoperating (income) expenses:               
Interest expense, net   23,880    22,253    19,805 
Change in fair value of earnout shares   (22,542)   -    - 
Change in fair value of warrant liability   70    -    - 
Total nonoperating expense, net   1,408    22,253    19,805 
Loss before income tax expense (benefit)   (34,092)   (49,031)   6,601 
Income tax expense (benefit)   362    106    153 
Net loss  $(34,454)  $(49,137)   6,448 

  

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Bowlero Corp.

Condensed Consolidated Statements of Cash Flows

(Amounts in thousands)

(UNAUDITED)

 

   Six Months Ended 
   December 26,
2021
   December 27,
2020
 
Net cash provided (used) by operating activities  $59,285   $(11,599)
Net cash used in investing activities   (160,848)   (18,702)
Net cash provided by financing activities   30,213    38,883 
Effect of exchange rate changes on cash   (84)   (81)
Net (decrease) increase in cash and equivalents   (71,434)   8,501 
           
Cash and cash equivalents at beginning of period   187,093    140,705 
           
Cash and cash equivalents at end of period   115,659    149,206 

 

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GAAP to non-GAAP Reconciliations

 

   ADJUSTED EBITDA RECONCILIATION 
   Thirteen week Net (loss) income and Adjusted EBITDA 
(in thousands)  December 26,
2021
   December 27,
2020
   December 29,
2019
 
Net (loss) income   (34,454)   (49,137)   6,448 
Adjustments:               
Interest expense   23,880    22,253    19,805 
Income tax expense (benefit)   362    106    153 
Depreciation and amortization   25,660    22,538    21,772 
Share-based compensation   42,555    696    852 
Closed center EBITDA(1)   398    904    1,885 
Foreign currency exchange (gain) loss   86    (195)   (236)
Asset disposition loss (gain)   (123)   (142)   219 
Transactional and other advisory costs(2)   29,149    731    1,087 
Charges attributed to new initiatives(3)   65    116    230 
Extraordinary unusual non-recurring losses(4)   1,662    (1,647)   673 
Changes in the value of earnouts and warrants   (22,472)   0    0 
ADJUSTED EBITDA  $66,768   $(3,777)  $52,888 
                
SG&A Expense  $20,219   $13,241   $19,617 
Media & Other Income  $(4,228)  $(305)  $316)
CENTER EBITDA  $82,759   $9,159   $72,190 
Rent Expense  $15,730   $13,267   $14,239 
CENTER EBITDAR  $98,489   $22,426   $86,429 

 

 
(1) The closed center adjustment is to remove EBITDA for closed centers. Closed centers are those centers that are closed for a variety of reasons, including permanent closure, newly acquired or built centers prior to opening, centers closed for renovation or rebranding and conversion. Closed centers do not include centers closed in compliance with local, state and federal government restrictions due to COVID-19. If a center is not open on the last day of the reporting period, it will be considered closed for that reporting period. If the center is closed on the first day of the reporting period for permanent closure, the center will be considered closed for that reporting period.
(2) The adjustment for transaction costs and other advisory costs is to remove charges incurred in connection with any transaction, including mergers, acquisitions, refinancing, amendment or modification to indebtedness, dispositions and costs in connection with an initial public offering, in each case, regardless of whether consummated.
(3) The adjustment for charges is to remove actual charges attributed to new initiatives including charges with the undertaking and/or implementation of new initiatives, business optimization activities, cost savings initiatives, cost rationalization programs, operating expense reductions and/or synergies and/or similar initiatives and/or programs including any restructuring charge (including any charges relating to any tax restructuring), any charge relating to the closure or consolidation of any office or facility, any systems implementation charge, any severance charge, any one time compensation charge, any charge relating to entry into a new market, any charge relating to any strategic initiative or contract and any lease run-off charge.
(4) The adjustment for extraordinary unusual non-recurring gains or losses is to remove extraordinary gains and losses, which include any gain or charge from any extraordinary item as determined in good faith by the Company and/or any non-recurring or unusual item as determined in good faith by the Company and/or any charge associated with and/or payment of any legal settlement, fine, judgment or order.

 

 

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TRAILING 52-WEEK ADJUSTED EBITDA RECONCILIATION 
Fifty-two week Net (loss) income and Adjusted EBITDA 
(in thousands)  December 29,
2019
   December 27,
2020
   March 28,
2021
   June 27,
2021
   September 26,
2021
   December 26,
2021
 
Net (loss) income   (1,841)   (167,530)   (197,748)   (126,461)   (70,125)   (55,442)
Adjustments:                              
Interest expense   69,903    84,598    86,352    88,857    90,612    92,239 
Income tax expense (benefit)   1,803    8,187    7,927    (1,035)   (7,403)   (7,147)
Depreciation and amortization   89,264    91,349    91,411    91,851    92,241    95,363 
Share-based compensation   3,406    3,255    3,226    3,164    3,116    44,975 
Closed center EBITDA(1)   (400)   3,482    3,259    4,039    3,880    3,374 
Foreign currency exchange (gain) loss   (225)   59    (146)   (188)   (155)   126 
Asset disposition loss (gain)   5,247    920    613    (46)   (77)   (58)
Transactional and other advisory costs(2)   3,041    5,208    5,573    10,737    12,056    40,474 
Charges attributed to new initiatives(3)   1,020    543    500    531    540    489 
Extraordinary unusual non-recurring losses(4)   2,680    (2,501)   360    1,670    65    3,374 
Changes in the value of earnouts and warrants   0    0    0    0    0    (22,472)
ADJUSTED EBITDA  $173,898   $27,570   $1,327   $73,119   $124,750   $195,295 

 

 
(1) The closed center adjustment is to remove EBITDA for closed centers. Closed centers are those centers that are closed for a variety of reasons, including permanent closure, newly acquired or built centers prior to opening, centers closed for renovation or rebranding and conversion. Closed centers do not include centers closed in compliance with local, state and federal government restrictions due to COVID-19. If a center is not open on the last day of the reporting period, it will be considered closed for that reporting period. If the center is closed on the first day of the reporting period for permanent closure, the center will be considered closed for that reporting period.
(2) The adjustment for transaction costs and other advisory costs is to remove charges incurred in connection with any transaction, including mergers, acquisitions, refinancing, amendment or modification to indebtedness, dispositions and costs in connection with an initial public offering, in each case, regardless of whether consummated.
(3) The adjustment for charges is to remove actual charges attributed to new initiatives including charges with the undertaking and/or implementation of new initiatives, business optimization activities, cost savings initiatives, cost rationalization programs, operating expense reductions and/or synergies and/or similar initiatives and/or programs including any restructuring charge (including any charges relating to any tax restructuring), any charge relating to the closure or consolidation of any office or facility, any systems implementation charge, any severance charge, any one time compensation charge, any charge relating to entry into a new market, any charge relating to any strategic initiative or contract and any lease run-off charge.
(4) The adjustment for extraordinary unusual non-recurring gains or losses is to remove extraordinary gains and losses, which include any gain or charge from any extraordinary item as determined in good faith by the Company and/or any non-recurring or unusual item as determined in good faith by the Company and/or any charge associated with and/or payment of any legal settlement, fine, judgment or order.

 

NORMALIZED NET INCOME RECONCILIATION 
Thirteen week Net (loss) income 
(in thousands)  December 26, 2021 
Net (loss) income  $(34,454)
      
Share-based compensation - de-SPAC  $42,212 
Change in FV of earnouts and warrants  $(22,472)
Transactional and other advisory costs - de-SPAC  $29,149 
      
Normalized Net Income  $14,435 

 

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Non-GAAP Financial Measures

 

To provide investors with information in addition to our results as determined under Generally Accepted Accounting Principles (“GAAP”), we disclose net income, normalized for extraordinary and non-recurring items related to the de-SPAC transaction, Adjusted EBITDA and trailing fifty-two week Adjusted EBITDA as “non-GAAP measures” which management believes provide useful information to investors because each measure assists both investors and management in analyzing and benchmarking the performance and value of our business. Accordingly, management believes that these measurements are useful for comparing general operating performance from period to period, and management relies on these measures for planning and forecasting of future periods. Additionally, these measures allow management to compare our results with those of other companies that have different financing and capital structures. These measures are not financial measures calculated in accordance with GAAP and should not be considered as a substitute for revenue, net income, net cash provided (used) by operating activities or any other operating performance or liquidity measure calculated in accordance with GAAP, and may not be comparable to a similarly titled measure reported by other companies.

 

Net income normalized for extraordinary and non-recurring items related to the de-SPAC transaction represents Net income (loss) before share-based compensation issued in connection with the Company’s de-SPAC transaction and transaction and other advisory costs related to the de-SPAC transaction. Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“Adjusted EBITDA”) represents Net income (loss) before Interest, Income Taxes, Depreciation and Amortization, Share-based Compensation, EBITDA from Closed Centers, Foreign Currency Exchange Loss (Gain), Asset Disposition Loss (Gain), Transactional and other advisory costs, Charges attributed to new initiatives, Extraordinary unusual non-recurring gains or losses and Changes in the value of earnouts and warrants. Trailing fifty-two week Adjusted EBITDA represents Adjusted EBITDA over the most recent fifty-two week period.

 

The Company considers net income normalized for extraordinary and non-recurring items related to the de-SPAC transaction as an important financial measure because it provides an indicator of performance that is not affected by fluctuations in certain costs or other items. However, this measure has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our results as reported under GAAP. Some of these limitations are that it does not reflect every cash expenditure and is not adjusted for all non-cash income or expense items that are reflected in our statements of cash flows.

 

The Company considers Adjusted EBITDA as an important financial measure because it provides a financial measure of the quality of the Company’s earnings. Other companies may calculate Adjusted EBITDA differently than we do, which might limit its usefulness as a comparative measure. Adjusted EBITDA is used by management in addition to and in conjunction with the results presented in accordance with GAAP. Additionally, we believe trailing fifty-two week Adjusted EBITDA provides the current run-rate for trending purposes, rather than annualizing the respective quarters, as the Company’s business is seasonal, with the second and third fiscal quarters being higher than the first and last quarters.

 

We have presented Adjusted EBITDA solely as a supplemental disclosure because we believe it allows for a more complete analysis of results of operations and assists investors and analysts in comparing our operating performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance, such as Interest, Income Taxes, Depreciation and Amortization, Share-based Compensation, EBITDA from Closed Centers, Foreign Currency Exchange Loss (Gain), Asset Disposition Loss (Gain), Transactional and other advisory costs, Charges attributed to new initiatives, Extraordinary unusual non-recurring gains or losses and Changes in the value of earnouts and warrants.

 

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Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our results as reported under GAAP. Some of these limitations are that Adjusted EBITDA and trailing fifty-two week Adjusted EBITDA:

 

do not reflect every expenditure, future requirements for capital expenditures or contractual commitments;

 

do not reflect changes in our working capital needs;

 

do not reflect the interest expense, or the amounts necessary to service interest or principal payments, on our outstanding debt;

 

do not reflect income tax (benefit) expense, and because the payment of taxes is part of our operations, tax expense is a necessary element of our costs and ability to operate;

 

do not reflect non-cash equity compensation, which will remain a key element of our overall equity based compensation package; and

 

do not reflect the impact of earnings or charges resulting from matters we consider not to be indicative of our ongoing operations.

 

Contacts:

 

For Media:
Jillian Laufer
JLaufer@BowleroCorp.com

 

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

 

Ashley DeSimone
Ashley.desimone@icrinc.com

 

 

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The following information was filed by Bowlero Corp. (BOWL) on Wednesday, February 9, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Leases (Details)
Leases (Details) - Schedule Of Company???S Costs For Operating And Capital Leases
Leases (Details) - Schedule Of The Future Minimum Rent Payments Under Our Operating And Capital Leases
Leases (Tables)
Merger And Acquisitions
Merger And Acquisitions (Details)
Merger And Acquisitions (Details) - Schedule Of Asset Acquisition
Merger And Acquisitions (Details) - Schedule Of Business Combination Or An Asset Acquisition
Merger And Acquisitions (Details) - Schedule Of Business Combination Or An Asset Acquisition (Parentheticals)
Merger And Acquisitions (Details) - Schedule Of Business Combinations
Merger And Acquisitions (Details) - Schedule Of Merger To The Consolidated Statement Of Cash Flows
Merger And Acquisitions (Tables)
Net Loss Per Share
Net Loss Per Share (Details) - Schedule Of Basic And Diluted Net Loss Per Class A Common Share
Net Loss Per Share (Details) - Schedule Of Basic And Diluted Net Loss Per Class B Common Share
Net Loss Per Share (Tables)
Property And Equipment
Property And Equipment (Details)
Property And Equipment (Details) - Schedule Of Depreciation Expense Related To Property And Equipment
Property And Equipment (Details) - Schedule Of Property And Equipment
Property And Equipment (Tables)
Revenue
Revenue (Details) - Schedule Of Company???S Revenue Disaggregated By Major Revenue
Revenue (Tables)
Segment Information
Segment Information (Details)
Significant Accounting Policies
Significant Accounting Policies (Details)
Stock Based Compensation
Stock Based Compensation (Details)
Stock Based Compensation (Details) - Schedule Of Earnout Rsus
Stock Based Compensation (Details) - Schedule Of Fair Value Of Options At The Date Of Grant Was Estimated Using The Black-Scholes
Stock Based Compensation (Details) - Schedule Of Stock Options And Restricted Stock Units (Rsus) Outstanding
Stock Based Compensation (Details) - Schedule Of Stock Options Outstanding
Stock Based Compensation (Details) - Schedule Of Time-Based Rsus
Stock Based Compensation (Tables)
Warrants
Warrants (Details)
Warrants (Details) - Schedule Of Warrants Outstanding
Warrants (Tables)

Material Contracts, Statements, Certifications & more

Bowlero Corp. provided additional information to their SEC Filing as exhibits

Ticker: BOWL
CIK: 1840572
Form Type: 10-Q Quarterly Report
Accession Number: 0001213900-22-006196
Submitted to the SEC: Wed Feb 09 2022 5:22:49 PM EST
Accepted by the SEC: Wed Feb 09 2022
Period: Sunday, December 26, 2021
Industry: Amusement And Recreation Services

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