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Why Bowlero Stock Was Sliding Today

TheMotleyFool

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Shares of bowling alley operator Bowlero (NYSE: BOWL) were pulling back today after the company reported mixed results in its fiscal first-quarter earnings report last night.

Though the stock was actually up in the after-hours session last night, investors seemed to have different thoughts in regular trading this morning. As of 10:59 a.m. ET, the stock was down 8.4%.

Bowlero, which owns more than 300 bowling centers across North America under brands like AMF and Bowlmor, said that revenue in its fiscal first quarter rose 27.2% to $230.3 million, which beat expectations at $223.3 million.

Source Fool.com

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