Bowlero Corp. (BOWL), Thursday reported loss in the fourth quarter, largely due to an increase in asset impairment charges and a loss on sale of assets.
Loss for the quarter totaled $62.2 million compared with profit of $146.2 million last year.
Analysts, on average, polled by Thomson Reuters expected a loss of $0.02 per share.
Revenue increased to $283.9 million from $239.4 million in previous year.
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