Lucky Strike Entertainment Shares Fall After Cut in 2026 Revenue Guidance
Lucky Strike Entertainment (LUCK) shares were down more than 6% in Wednesday trading after the company lowered its 2026 revenue guidance.The company reported fiscal Q3 net income of $16.9 million, up from $13.3 million a year earlier.Analysts surveyed by FactSet expected $24 million.Revenue for the quarter ended March 29 was $342.2 million, up from $339.9 million a year earlier.Analysts surveyed by FactSet expected $353.8 million.For fiscal 2026, the company lowered its revenue guidance to a range of $1.25 billion to $1.26 billion from $1.26 billion to $1.31 billion previously. Analysts polled by FactSet expect $1.27 billion.Price: $7.08, Change: $-0.67, Percent Change: -8.65%