Shares of Lucky Strike Entertainment fell 11% in pre-market trading on Thursday after the company reported fourth-quarter and full-year fiscal 2026 results that missed analyst expectations.
The stock traded at $6.00, nearing its 52-week low of $5.705. The decline followed the release of the company’s earnings report before U.S. markets opened.
In the third quarter of fiscal 2026, Lucky Strike posted earnings per share of $0.10, missing the consensus estimate of $0.18 by 44%. Adjusted EBITDA margin contracted to 31.9%, down from 34.5% in the same period a year earlier. The company’s financial results for the fourth quarter and full year were also included in the report.
Analysts at JPMorgan had previously downgraded the shares to Underweight with a $6 price target. Following the earnings release, fair value estimates were trimmed to $10.06 per share, down from $10.89, as analysts cited weaker revenue growth assumptions and ongoing margin pressures.
