Bowlero (Bowlero) Retained Earnings : $-265 Mil (As of Dec. 2023)

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What is Bowlero Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bowlero's retained earnings for the quarter that ended in Dec. 2023 was $-265 Mil.

Bowlero's quarterly retained earnings increased from Jun. 2023 ($-220 Mil) to Sep. 2023 ($-201 Mil) but then declined from Sep. 2023 ($-201 Mil) to Dec. 2023 ($-265 Mil).

Bowlero's annual retained earnings declined from Jun. 2021 ($-266 Mil) to Jun. 2022 ($-313 Mil) but then increased from Jun. 2022 ($-313 Mil) to Jun. 2023 ($-220 Mil).

Bowlero Retained Earnings Historical Data

The historical data trend for Bowlero's Retained Earnings 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.

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Bowlero Retained Earnings Chart

Bowlero Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Retained Earnings

-102.70

-266.47

-312.85

-219.66

Bowlero Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial										-344.95	-377.02	-219.66	-201.44	-264.91

Bowlero Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Bowlero (NYSE:BOWL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Bowlero (Bowlero) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowlero Corp (NYSE:BOWL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

7313 Bell Creek Road, Mechanicsville, VA, USA, 23111

Website

https://www.bowlerocorp.com

Bowlero Corp is a operator of bowling entertainment centers. It operate traditional bowling centers and more upscale entertainment concepts with lounge seating, arcades, enhanced food and beverage offerings, and more robust customer service for individuals and group events, as well as hosting and overseeing professional and non-professional bowling tournaments and related broadcasting.

Executives

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
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
Brett I. Parker	officer: Chief Financial 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
Michelle D Wilson	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 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
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019