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Lucky Strike Entertainment Corporation (LUCK): A Bear Case Theory

We came across a bearish thesis on Lucky Strike Entertainment Corporation (LUCK) on Substack by Dominick D'Angelo. In this article, we will summarize the bears’ thesis on LUCK. Lucky Strike Entertainment Corporation (LUCK)'s share was trading at $10.88 as of Feb 25th. LUCK’s trailing and forward P/E were 24.12 and 18.15 respectively according to Yahoo Finance.

[caption id="attachment_1206915" align="aligncenter" width="768"] A large and spacious bowling alley, with lanes full of customers throwing strikes.[/caption]

The second quarter for Lucky Strike Entertainment was a...