Bowlero Corp. (NYSE:BOWL) Q4 2023 Earnings Call Transcript September 11, 2023 10:00 AM ET

Company Participants

Bobby Lavan - Chief Financial Officer

Thomas Shannon - Chairman, Founder & Chief Executive Officer

Conference Call Participants

Matthew Boss - JPMorgan Securities LLC

Steven Wieczynski - Stifel, Nicolaus & Co., Inc.

Garrett Greenblatt - Jefferies

Ian Zaffino - Oppenheimer & Co., Inc

Jason Tilchan - Canaccord Genuity LLC

Daniel Moore - CJS securities

Eric Wold - B. Riley

Jeremy Hamblin - Craig-Hallum Capital Group LLC

Eric Handler - ROTH MKM

Michael Kupinski - Noble Capital Markets

Operator

Greetings and welcome to the Bowlero Corp’s Fourth Quarter and Full Year 2023 Conference Call. It is now my pleasure to hand the call over to Bobby Lavan of Bowlero. Please go ahead.

Bobby Lavan

Good morning to everyone on this call. This is Bobby Lavan, Bowlero’s Chief Financial Officer. Welcome to our conference call to discuss our fourth quarter 2023 earnings. This morning we issued a press release announcing our financial results for the period ending July 2, 2023. A copy of the press release is available in the investor relations section of our website at ir.bowlerocorp.com. Joining me on the call today are Tom Shannon, our Founder, Chief Executive, and President, and Jeff Gliner, Bowlero’s, Chief Operating Officer.

I would like to remind you that during today's conference call, we may make certain forward-looking statements about the company's performance. Such forward-looking statements are not guarantees of future performance, and therefore one should not place undue reliance on them. Forward-looking statements are also subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed. For additional information concerning factors that could cause actual results to differ from those discussed in our forward-looking statements, you should refer to the cautionary statements contained in our press release, as well as the risk factors contained in the company's filing with the SEC.

Bowlero Corporation undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances that occur after today's call. Also, during today's call, the company may discuss certain non-GAAP financial measures as defined by SEC Regulation G. The GAAP financial measures are the most directly comparable to each non-GAAP financial measure discussed in the reconciliation of the differences between each non-GAAP financial measure and the comparable GAAP financial measure can be found on the company's website.

I'll now turn the call over to Tom.