LUCK — what changed in the latest 10-Q
A section-by-section comparison of LUCK's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-11-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +40 | −64 | ~10 | 10 |
| Market risk (Item 3) | Text added/removed | +1 | −1 | ~1 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-11-05
During the three months ended September 27, 2026, Lucky Strike Entertainment continued to execute on its long-term strategy across its three core verticals — bowling, water parks and family entertainment centers (“FECs”) — delivering total revenue growth of 4%, driven by its expanded water park and …
•Brand Consolidation: The Company converted an additional 42 bowling locations to the Lucky Strike brand during the quarter and began transitioning locations to the refreshed AMF brand, which was unveiled in July 2026, with approximately 60 locations planned. As of September 27, 2026, the Company ha…
•Water Parks: The quarter was the first summer season in which the Company directly operated its five water parks, including Raging Waters Los Angeles, acquired in January 2026. The water park business is highly seasonal, with the majority of annual revenue recognized in the Company’s first fiscal q…
•Events Organization: The Company completed the realignment of its events sales organization during the quarter, combining national and local account coverage with a centralized booking center for smaller groups. The new model is intended to strengthen the Company’s corporate and group events busine…
•Capital Allocation: Reducing indebtedness is the Company’s capital allocation priority for fiscal 2027. Consistent with this priority, subsequent to quarter-end, on October 29, 2026, the Board of Directors suspended the Company’s quarterly cash dividend in order to apply cash that would otherwise b…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Lucky Strike Entertainment is one of the world’s premier operators of location-based entertainment. The Company operates traditional bowling locations under its AMF and Bowl America brands, as well as more upscale entertainment venues under its Lucky Strike and Bowlero brands, featuring lounge seati…
The Company remains focused on creating long-term shareholder value through continued organic growth, the conversion and upgrading of existing locations to more upscale entertainment experiences offering a broader range of offerings, the opening of new locations and strategic acquisitions.
During the nine months ended March 29, 2026, Lucky Strike Entertainment continued to execute on its long-term growth strategy, delivering total revenue growth of 5% and further expanding its three core verticals: bowling, water parks, and FECs. The following summarizes the Company’s significant deve…
•Property Acquisition from Carlyle: The Company acquired 58 existing properties that were previously subject to a master lease agreement with Carlyle for aggregate consideration of $306,000. The acquired portfolio spans 16 states and includes prime locations in California, Illinois, Georgia, Arizona…
•Water Park and FEC Acquisitions: The Company completed the acquisitions of Wet ‘n Wild Emerald Pointe water park, Raging Waters Los Angeles water park, Castle Park, and two additional Boomers Parks locations, further expanding the Company’s water park and FEC portfolio.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-11-05
Under our term and revolving credit facilities, we are exposed to a certain level of interest rate risk. Interest on the principal amount of our borrowings under our revolving credit facility loan accrues at the Adjusted Term Secured Overnight Financing Rate or the Alternate Base Rate, as further de…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Under our term and revolving credit facilities, we are exposed to a certain level of interest rate risk. Interest on the principal amount of our borrowings under our revolving credit facility loan accrues at the Adjusted Term Secured Overnight Financing Rate or the Alternate Base Rate, as further de…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice