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 September 12.
Bowlero follows other major Consumer Discretionary sector earnings this month
Bowlero's report follows an earnings beat by Home Depot on August 16, 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 August 17 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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