Lucky Strike Entertainment Corporation · NYSE:LUCK
Lucky Strike Entertainment — Q4 2025 Earnings Presentation
19 slides from Lucky Strike Entertainment's earnings presentation, Aug 28, 2025
Slide 1: Investor Presentation
August 2025 INVESTOR PRESENTATION 1
Slide 2: Forward-looking statements
Forward-looking statements Some of the statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risk, assumptions and uncerta
Slide 3: A location-based entertainment platform with proven history of superior returns
A location-based entertainment platform with proven history of superior returns INDUSTRY LEADER OPERATIONAL EXCELLENCE The industry leader in massive Proven history of improving addressable market of $100B+ for acquired assets’ margins and PEOPLE out-of-home entertainment above industry sales growth
Slide 4: Consistent double-digit annual revenue growth
CONSISTENT DOUBLE-DIGIT ANNUAL REVENUE GROWTH 10% CAGR $1,201M $1,149M $1,038M FY19 FY22 FY23 FY24 FY25
Slide 5: Strong Uptake
Strong Uptake Deeper • 260,000 passes Engagement sold in 2025 • Membership Rich momentum • Customers visited Customer 9x per pass this Data demonstrates strong demand summer Year Round • Higher satisfaction • Pass program Revenue Lift and stronger brand captures high-value affinity customer insights
Slide 6: Deployed $700M of capital into acquisitions the past 11 years
↗ Acquired AMF at Enterprise Value of ↗ Lucky Strike acquired 85 Brunswick $310M. Lucky Strike put up $20M of equity locations from Brunswick in 2014 for $260M. funding in 2013 In the same year entered Sale-Leaseback Deployed $700M of ↗ Lucky Strike best practices implemented in for $200M, reducing
Slide 7: 370 operating locations as of August 2025
370 operating locations as of August 2025 Well positioned in highly attractive markets across North America Robust acquisition pipeline supports unit growth Acquired Boomers which provides platform for FECs 7
Slide 8: Average revenue per location
AVERAGE REVENUE PER LOCATION 8
Slide 9: Beverly Hills
BEVERLY HILLS
Slide 10: Ladera Ranch
LADERA RANCH
Slide 11: Wet 'n Wild Emerald Pointe
WET ‘N WILD EMERALD POINTE
Slide 12: Castle Park
CASTLE PARK
Slide 13: Cash flow from operations and capital expenditures
CASH FLOW FROM OPERATIONS CAPITAL EXPENDITURES 13
Slide 14: 75 owned properties with $600-700M of potential value
75 owned properties with $600-700M(1) of potential value provides strategic and financial flexibility 1 High value property in Toronto, Canada 3 Prime location properties in Mexico 14 (1) Assumes sale-leaseback values of 12-14x of 50% of EBITDAR.
Slide 15: Appendix: Additional financial information
APPENDIX: ADDITIONAL FINANCIAL INFORMATION
Slide 16: Same-store revenue comparable location base
Note: The comparable location base changes from period to period as a result of fluctuations in the location population through acquisitions, new builds and closed centers. Revenue will be reflected in Same-Store Revenue after four full quarters of ownership of a location. (1) Revenues from 326 loca
Slide 17: Total Location Revenue and adjusted results
(1) Total Location Revenue excludes closed location activity and media revenue, which is also a component of our operations. (2) Margins are calculated off of Adjusted Total Location Revenue (excl. Service Revenue) (3) Includes the non-recurring settlement of equity awards related to the retirement
Slide 18: EBITDA reconciliation notes
(1) For the fiscal year and period ended June 29, 2025 reflects a change in estimate in our self-insurance reserves related to claims that occurred prior to the beginning of the fiscal year, which resulted in a non-cash self-insurance reserve adjustment of $17,710. Also includes non-cash expenses re
Slide 19: Lease cost and cash GAAP rent reconciliation
Amounts (in millions) Item FY25 FY24 Form 10-K Location Reduction of operating lease right of use assets (amortization) 36.9 34.8 Consolidated Statement of Cash Flows (Operating activities) Change in operating lease liabilities (payments less interest) (14.4) (26.2) Consolidated Statement of Cash Fl
Lucky Strike Entertainment — Q4 2025 Earnings Presentation on 6ix