Investing.com - Bowlero reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Bowlero announced earnings per share of $0.065 on revenue of $191.6M. Analysts polled by Investing.com anticipated EPS of $0.0475 on revenue of $195.3M.
Bowlero shares are down 24% from the beginning of the year , still down 2.05% from its 52 week high of $13.17 set on Monday, September 12, 2022.
Bowlero follows other major Consumer Discretionary sector earnings this month
Bowlero's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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