Lucky Strike Sees Slowdown in Corporate Bowling Trips -- Market Talk

Dow Jones

2025/05/08

1114 ET - Bowling-alley operator Lucky Strike Entertainment said revenue growth in the latest completed quarter was curbed by a pullback in its corporate events business. The decline was driven by what CEO Thomas Shannon calls a "period of corporate austerity." The softness was most pronounced in markets with a higher concentration of tech companies, particularly California and Seattle, Shannon says. There were some signs of strength in other markets, including Boston, New Jersey and Miami, he says. Outside of the corporate segment, Lucky Strike's retail and leagues segments were stable and food sales climbed. (dean.seal@wsj.com)

(END) Dow Jones Newswires

May 08, 2025 11:14 ET (15:14 GMT)

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The decline was driven by what CEO Thomas Shannon calls a \"period of corporate austerity.\" The softness was most pronounced in markets with a higher concentration of tech companies, particularly California and Seattle, Shannon says. There were some signs of strength in other markets, including Boston, New Jersey and Miami, he says. Outside of the corporate segment, Lucky Strike's retail and leagues segments were stable and food sales climbed. (dean.seal@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 08, 2025 11:14 ET (15:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LUCK","symbol_name":"Lucky Strike Entertainment Corporation","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533156130","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533156130","pubTimestamp":1746717240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1114 ET - Bowling-alley operator Lucky Strike Entertainment said revenue growth in the latest completed quarter was curbed by a pullback in its corporate events business. The decline was driven by what CEO Thomas Shannon calls a \"period of corporate austerity.\" The softness was most pronounced in markets with a higher concentration of tech companies, particularly California and Seattle, Shannon says. There were some signs of strength in other markets, including Boston, New Jersey and Miami, he says. Outside of the corporate segment, Lucky Strike's retail and leagues segments were stable and food sales climbed. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LUCK":"Lucky Strike Entertainment Corporation","BK4216":"消闲设施"},"translate_title":"Lucky Strike企业保龄球旅行放缓——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LUCK":0.9},"content_text":"1114 ET - Bowling-alley operator Lucky Strike Entertainment said revenue growth in the latest completed quarter was curbed by a pullback in its corporate events business. The decline was driven by what CEO Thomas Shannon calls a \"period of corporate austerity.\" The softness was most pronounced in markets with a higher concentration of tech companies, particularly California and Seattle, Shannon says. There were some signs of strength in other markets, including Boston, New Jersey and Miami, he says. Outside of the corporate segment, Lucky Strike's retail and leagues segments were stable and food sales climbed. (dean.seal@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 08, 2025 11:14 ET (15:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}