Lucky Strike FY2026 10-K: Full-Year Loss Narrows, Same-Store Sales Flat, Heavy Debt Load
LUCK is trading near its 52-week low of $5.705 (4.5% above the low).
Summary
Lucky Strike's FY2026 10-K shows 4% revenue growth to $1.25B, flat same-store sales, a narrowed net loss of $35.8M, and $1.8B in debt after a major refinancing.
Key Events · Earnings and Guidance · LUCK
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Full-Year Revenue Up 4%, Same-Store Flat
FY2026 revenue reached $1,245.3M, up 4% from $1,201.3M, driven by acquisitions. Same-store revenue was essentially flat at $1,115.0M vs $1,117.2M, reflecting weather headwinds and consumer confidence weakness.
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Net Loss Narrows to $35.8M
Net loss improved to $35.8M from $10.0M in FY2025, but the prior year benefited from a $101.5M earnout revaluation gain vs $34.0M this year. Adjusted EBITDA fell to $333.2M from $367.7M.
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Debt Load at $1.8B After Refinancing
Total debt stands at $1,808.6M, including a $1,197M term loan, $500M 7.25% Senior Secured Notes, and $100M drawn on the revolver. Interest expense of $205.3M consumed most of the $136.8M operating income.
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Share Repurchases and Dividend
The company repurchased 4,325,490 Class A shares for $35.4M (avg $8.19/share) in FY2026, with $56.8M remaining under the authorization. A $0.06 quarterly dividend was declared, payable September 22, 2026.
Analysis · LUCK · Trade & Services
The annual report confirms the full-year picture behind today's Q4 earnings release: revenue grew 4% to $1.25B but same-store sales were flat, net loss narrowed to $35.8M from $10.0M a year ago (the prior year benefited from a larger earnout revaluation gain), and Adjusted EBITDA fell to $333.2M from $367.7M. The balance sheet carries $1.8B in debt after the September 2025 refinancing, with interest expense of $205M consuming most of operating income. The company repurchased 4.3M shares for $35.4M during the year and declared a $0.06 quarterly dividend. Trading near its 52-week low at $5.96, the stock reflects investor concern about flat same-store sales and high leverage.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LUCK was trading at $5.96 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $5.71 to $11.19. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.