Lucky Strike: Guidance Withdrawal After Q3 Is Troubling

  • Lucky Strike Entertainment Corporation reported a -5.6% decline in same-store sales from early 2025, based largely on lower corporate events. Macroeconomic uncertainty weighs on traffic. Interestingly, Lucky Strike withdrew its FY2025 guidance with less than two months of the fiscal year left. The withdrawal signals further troubles in the outlook. Lucky Strike's significant debt makes the outlook more concerning, and may cause issues in further M&A.