Lucky Strike Entertainment Reaffirms Fiscal 2027 EBITDA Guidance and Targets $100 Million Debt Reduction
Lucky Strike Entertainment Corporation (LUCK) reported a 3.5% increase in first-quarter revenue, reaching $302.6 million. While adjusted EBITDA remained relatively flat compared to the previous year at $72.1 million, management has reaffirmed its long-term financial outlook. The company is maintaining its fiscal 2027 EBITDA guidance of $340 million to $360 million. Following a suspension of dividends, Lucky Strike is prioritizing balance sheet strength with a strategic goal to reduce debt by approximately $100 million.
