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LUCK (Lucky Strike Entertainment) Gross Margin % : 41.08% (As of Dec. 2024)


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What is Lucky Strike Entertainment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lucky Strike Entertainment's Gross Profit for the three months ended in Dec. 2024 was $123 Mil. Lucky Strike Entertainment's Revenue for the three months ended in Dec. 2024 was $300 Mil. Therefore, Lucky Strike Entertainment's Gross Margin % for the quarter that ended in Dec. 2024 was 41.08%.


The historical rank and industry rank for Lucky Strike Entertainment's Gross Margin % or its related term are showing as below:

LUCK' s Gross Margin % Range Over the Past 10 Years
Min: 5.31   Med: 27.21   Max: 33.1
Current: 32.86


During the past 5 years, the highest Gross Margin % of Lucky Strike Entertainment was 33.10%. The lowest was 5.31%. And the median was 27.21%.

LUCK's Gross Margin % is ranked worse than
68.54% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.53 vs LUCK: 32.86

Lucky Strike Entertainment had a gross margin of 41.08% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lucky Strike Entertainment was 0.00% per year.


Lucky Strike Entertainment Gross Margin % Historical Data

The historical data trend for Lucky Strike Entertainment's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lucky Strike Entertainment Gross Margin % Chart

Lucky Strike Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
14.83 5.31 33.10 32.34 27.21

Lucky Strike Entertainment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.95 33.10 23.72 33.05 41.08

Competitive Comparison of Lucky Strike Entertainment's Gross Margin %

For the Leisure subindustry, Lucky Strike Entertainment's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lucky Strike Entertainment's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lucky Strike Entertainment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lucky Strike Entertainment's Gross Margin % falls into.


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Lucky Strike Entertainment Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Lucky Strike Entertainment's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=314.2 / 1154.614
=(Revenue - Cost of Goods Sold) / Revenue
=(1154.614 - 840.435) / 1154.614
=27.21 %

Lucky Strike Entertainment's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=123.3 / 300.074
=(Revenue - Cost of Goods Sold) / Revenue
=(300.074 - 176.795) / 300.074
=41.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Lucky Strike Entertainment  (NYSE:LUCK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Lucky Strike Entertainment had a gross margin of 41.08% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Lucky Strike Entertainment Gross Margin % Related Terms

Thank you for viewing the detailed overview of Lucky Strike Entertainment's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lucky Strike Entertainment Business Description

Traded in Other Exchanges
N/A
Address
7313 Bell Creek Road, Mechanicsville, VA, USA, 23111
Lucky Strike Entertainment Corp is a entertainment platforms. It has nearly 360 locations across North America, that provides experiential offerings in bowling, amusements, water parks, and family entertainment centers. The company also owns the Professional Bowlers Association, the league of bowling and a growing media property.
Executives
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654
John Alan Young director C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Robert M. Lavan officer: Chief Financial Officer 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Brett I. Parker officer: Chief Financial Officer C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Michelle D Wilson director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
A-b Parent Llc director, 10 percent owner C/O ATAIROS GROUP INC, 40 MORRIS AVE, BRYN MAWR PA 19010
Jeffrey C Kostelni officer: Chief Accounting Officer C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Thomas F. Shannon director, officer: Chief Executive Officer C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Alberto Perlman director C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
George A. Barrios director C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Apollo Spac Fund I, L.p. 10 percent owner 27 HOSPITAL ROAD, GEORGE TOW E9 KY1-9008
Cobalt Group, Llc director C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Cobalt Recreation Llc director C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Nicole M. Weinberger officer: Chief Customer Off. & CEO, PBA C/O BOWLERO CORP., 222 W. 44TH STREET, NEW YORK NY 10036
Rachael A. Wagner director, 10 percent owner C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036