-

Bowlero Corp. Completes Latest Acquisition in California

Adds Double Decker Lanes in Sonoma County to West Coast Presence

RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp., (NYSE: BOWL) the global leader in bowling entertainment, announced today that it has completed the acquisition of Double Decker Lanes. This is the Company’s 16th completed acquisition in calendar year 2022.

Brett Parker, President & Chief Financial Officer of Bowlero Corp. stated, “We are pleased to announce this latest acquisition, adding to our impressive footprint in the state of California, which now includes 46 locations.”

Double Decker Lanes located in Rohnert Park, in Sonoma County, is a 50-lane bowling center featuring a full-service lounge, sports bar, a banquet room for private events, arcade games, billiards, and an elite pro shop.

Parker said, in closing, “We look forward to welcoming this location to our world-class portfolio and as always remain committed to our strategic growth initiative as we look forward to the new year.”

Double Decker Lanes is expected to open under Bowlero Corp. management on December 17th.

About Bowlero Corp
Bowlero Corp. is the global leader in bowling entertainment, media, and events. With more than 300 bowling centers across North America, Bowlero Corp. serves more than 27 million guests each year through a family of brands that includes Bowlero, Bowlmor Lanes, and AMF. In 2019, Bowlero Corp. acquired the Professional Bowlers Association, the major league of bowling, which boasts thousands of members and millions of fans across the globe. For more information on Bowlero Corp., please visit BowleroCorp.com

Contacts

For Media:
Bowlero Corp. Public Relations
PR@BowleroCorp.com

For Investors:
Bowlero Corp. Investor Relations
IRSupport@BowleroCorp.com

Industry:

Bowlero Corp.

NYSE:BOWL
Release Versions
English

Contacts

For Media:
Bowlero Corp. Public Relations
PR@BowleroCorp.com

For Investors:
Bowlero Corp. Investor Relations
IRSupport@BowleroCorp.com

More News From Bowlero Corp.

Bowlero Announces First Quarter Results for Fiscal Year 2024

RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the world’s largest owner and operator of bowling centers, today provided financial results for the first quarter of the 2024 Fiscal Year, which ended on October 1, 2023. First Quarter Highlights: Revenue decreased 1.2% to $227.4 million versus the prior year and increased 53.1% versus 1QFY20 (quarter ended September 29, 2019) Revenue excluding Service Fee Revenue increased 0.3% to $225.8 million versus the...

Bowlero to Report First Quarter 2024 Financial Results on November 7, 2023

RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the global leader in bowling entertainment, will report financial results for the first quarter 2024 on Tuesday, November 7, 2023 before the U.S. stock market opens. Management will discuss the results via webcast at 10:00 AM ET on the same day. The live webcast, replay and results presentation will be available in the Events & Presentations section of the Bowlero Investor Relations website at https://i...

Bowlero Completes $432.9 Million Sale-Leaseback with VICI Properties

RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp. (NYSE: BOWL) (“Bowlero”), the global leader in bowling entertainment, today completed a transaction with VICI Properties Inc. (“VICI”) relating to the transfer of land and real estate assets of 38 Bowling Entertainment Centers across 17 states for aggregate value of $432.9 million. The transaction was structured as a tax-deferred capital contribution, and proceeds are expected to be used to accelerate new builds, deploy capital into acquisitions and...
Back to Newsroom