Is Bowlero a good company?

Bowlero Corp. BOWL, an American bowling center operator, has gained 13.5% in the past three months, notably outperforming the Zacks Leisure and Recreation Services industry, Zacks Consumer Discretionary sector, and the S&P 500 Index. During the same time frame, the industry and the S&P 500 Index gained 4.4% and 8.6%, while the sector’s declined 2%.

How did Bowlero grow in 2024?

One of the company’s growth initiatives includes the strategic deployment of its capital in acquisitions and new builds. During the nine months that ended on Mar 31, 2024, Bowlero completed six acquisitions in which it acquired 20 locations.

How did Bowlero's growth compare to the S&P 500?

During the same time frame, the industry and the S&P 500 Index gained 4.4% and 8.6%, while the sector’s declined 2%. Bowlero is benefiting from its traffic-driving initiatives, organic and inorganic expansion plans, and the relaunch of its renowned Summer Season Pass in 2024.