Latest news with #LUCK
Business Recorder
2 days ago
- Business
- Business Recorder
KSE-100 Index closes flat as selling erases intra-day gains
The Pakistan Stock Exchange's (PSX) benchmark KSE-100 closed flat on Friday, as selling in the final hours erased the gains the index had made earlier during the day. The KSE-100 started the session positive, with investors rejoiced over Moody's Ratings' improvement in Pakistan's credit rating. It hit an intra-day high of 147,534.41. However, selling in the latter hours erased the intra-day gains and pushed the index into the negative territory. At close, the benchmark index settled at 146,491.63, marginally lower by 37.67 points or 0.03%. Top positive contribution to the index came from EFERT, LUCK, ENGROH, MEBL & AIRLINK, as they cumulatively contributed 512 points. On the other hand OGDC, UBL, PPL, HUBC and MARI lost value to weigh down on the index by 499 points, brokerage house Topline Securities said in its post-market report. Traded value wise AIRLINK, OGDC, PSO, LUCK, and NBP dominated the trading activity, it added. 'Investors largely squared off weekly positions, which kept sentiment mixed and prevented the index from holding above the 147,000 mark. The session's tone reflected a cautious approach ahead of the weekend, with traders balancing positions in anticipation of fresh cues for the market's next directional move,' Ali Najib, Deputy Head of Trading at Arif Habib Ltd, said in a statement. On Wednesday, PSX experienced a session of mild profit-taking, as bears took control amid concerns over a surge in the trade deficit and unmet IMF conditions for provincial tax collection. The KSE-100 Index closed at 146,529.31 points, a decrease of 476.02 points or 0.32%. The stock market was closed on Thursday, i.e. 14th August, on account of a public holiday. Continuing its winning streak in a straight 8th week, the KSE-100 index gained 0.76% by adding 1,108 points. After opening at 145,650 the index touched a high of 147,977 and a low of 145,259 eventually closing the week at 146,491 level. An International Monetary Fund (IMF) delegation is scheduled to visit Pakistan at the end of September, with the country expecting to receive the third tranche of $1 billion upon completion of the next review. Meanwhile, the State Bank of Pakistan (SBP), in its first-ever biannual Monetary Policy Report published on Wednesday, said that the return of stability in the domestic economy has promoted the country 'in a better position today to manage external shocks and domestic risks than it was two years ago'. The central bank said foreign investment inflows were projected to improve in the wake of the recent upgrade in the country's sovereign credit rating and the resultant decline in CDS (credit default swap) spreads. 'All these factors, combined with fresh liquidity moving from the debt market into equities, have contributed to the recent momentum,' Waqas Ghani, Head of Research, told Business Recorder. Globally, Asian stocks made an uneven recovery as higher-than-expected producer price inflation dampened expectations of a jumbo rate cut at the Federal Reserve's September meeting, while US bonds and equity futures stabilised. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3% after a report on Thursday from the Bureau of Labor Statistics, which showed the Producer Price Index increased 0.9% in July on a month-over-month basis, well above economists' expectations. The market is currently pricing in a 92.1% probability of a 25 basis point rate cut at its September meeting, compared with a 100% likelihood of a cut on Thursday, according to the CME Group's FedWatch tool. The chance of a jumbo 50 basis point cut fell to 0% from an earlier expectation of 5.7% a day ago. Meanwhile, the Pakistani rupee continued to march upwards against the US dollar, appreciating 0.06% in the inter-bank market on Friday. At close, the currency settled at 282.06, a gain of Re0.16. Volume on the all-share index decreased to 473.60 million from 647.09 million recorded in the previous close. The value of shares declined to Rs32.88 billion from Rs40.89 billion in the previous session. Aisha Steel Mill was the volume leader with 30.03 million shares, followed by Media Times Ltd with 21.73 million shares, and Air Link Communication Limited with 18.88 million shares. Shares of 479 companies were traded on Friday, of which 226 registered an increase, 219 recorded a fall, while 34 remained unchanged.
Express Tribune
04-08-2025
- Entertainment
- Express Tribune
Olivia Rodrigo sparks speculation about new music at Osheaga 2025 festival finale
Olivia Rodrigo may have quietly teased her highly anticipated third studio album during the closing show of her GUTS tour at Osheaga 2025 in Montreal. In her final encore, the singer appeared on stage wearing a simple red shirt printed with a bedazzled '3' on the torso, instantly sparking speculation among fans and media alike. The unspoken gesture was interpreted by many as a sign that her next album, often referred to as OR3, is on the horizon. Rodrigo has not publicly commented on the shirt, but her history of planting subtle visual cues during performances lends credibility to the theory. In a 2023 interview, Rodrigo confirmed she had begun early work on her next album and intended to maintain her signature four-letter title format, following SOUR and GUTS. Among fan predictions are titles such as 'LUCK', 'BURN', and 'SWEET', though none have been confirmed. She previously revealed that around 25 tracks were written but not included on GUTS, leaving ample material for future releases. Combined with her ongoing songwriting habit and growing personal experiences, many believe Rodrigo's third album could take a new thematic turn, possibly focusing on love and maturity. Additionally, her shift in stage aesthetics, from the purple tones of SOUR and GUTS to vibrant reds, has fuelled theories about a new album era, perhaps exploring romantic themes. Though no official release date has been announced, Rodrigo's history of two-year album cycles points to a likely late 2025 or early 2026 drop.
Yahoo
27-06-2025
- Business
- Yahoo
Lucky Strike Entertainment Corporation (LUCK): A Bear Case Theory
We came across a bearish thesis on Lucky Strike Entertainment Corporation on The Lion's Roar - Outside the Box Investments' Substack by Dominick D'Angelo. In this article, we will summarize the bears' thesis on LUCK. Lucky Strike Entertainment Corporation's share was trading at $9.48 as of June 24th. LUCK's trailing and forward P/E ratios were 24.12 and 63.29, respectively, according to Yahoo Finance. Pixabay/Public Domain Lucky Strike Entertainment (LUCK) continues to underwhelm investors, with Q3 results and operational trends highlighting significant underlying issues. The company pulled full-year guidance just two months before year-end, driven by weakness in its corporate events business and further confirmed by similar softness at TopGolf. Same-store sales were down 5.6% in the quarter, with January impacted by California wildfires and corporate pullbacks, February by macro uncertainty and weather, and March showing no rebound. Retail traffic was flat, leagues saw low single-digit growth, and the events business declined by double digits. Despite easier comps in Q3 and Q4, overall traffic fell ~8.5% YoY, undermining the viability of LUCK's high fixed-cost model. The F&B business, once a bright spot due to menu premiumization, is now losing steam, with beverage sales particularly weak. The bowling pricing tailwind is also fading as prior benefits are lapped, compounding pressure. Yet, there are early signs of management discipline: cost reductions are materializing (labor costs down 7.3% YoY), and capital allocation is shifting toward high-ROI projects and deleveraging instead of buybacks. The company's summer pass initiative shows some momentum, with 2025 sales likely reaching $11M, but it still accounts for less than 1% of revenue. While insider ownership and dividend mechanics provide liquidity flexibility, there's increasing pressure to cut the dividend to redirect capital to debt paydown. Without stabilization in same-store sales and improved traffic, LUCK may need to raise funds externally in 2026. The business remains fragile, with upside capped until core operations regain their footing. Previously, we covered a on Xponential Fitness, Inc. (XPOF) by Inflexio Research in February 2025, which highlighted the company's franchise-driven growth and turnaround strategy. The company's stock price has depreciated by approximately 2.68% since our coverage. This is because the thesis didn't play out as expected. Dominick D'Angelo shares a contrarian view in his bearish thesis on Lucky Strike Entertainment. Lucky Strike Entertainment Corporation is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 9 hedge fund portfolios held LUCK at the end of the first quarter, which was 16 in the previous quarter. While we acknowledge the risk and potential of LUCK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Business Insider
25-06-2025
- Business
- Business Insider
Stifel Nicolaus Keeps Their Buy Rating on Lucky Strike Entertainment (LUCK)
In a report released yesterday, Steven Wieczynski from Stifel Nicolaus maintained a Buy rating on Lucky Strike Entertainment (LUCK – Research Report), with a price target of $12.00. The company's shares closed yesterday at $9.48. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Wieczynski covers the Consumer Cyclical sector, focusing on stocks such as Boyd Gaming, Royal Caribbean, and Norwegian Cruise Line. According to TipRanks, Wieczynski has an average return of 10.6% and a 49.38% success rate on recommended stocks. Lucky Strike Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $13.79. Based on Lucky Strike Entertainment's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $339.88 million and a net profit of $13.29 million. In comparison, last year the company earned a revenue of $337.67 million and had a net profit of $23.85 million Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LUCK in relation to earlier this year. Earlier this month, Robert M. Lavan, the CFO of LUCK bought 192.00 shares for a total of $1,733.76.
Yahoo
11-05-2025
- Business
- Yahoo
Lucky Strike Entertainment (NYSE:LUCK) Will Pay A Dividend Of $0.055
Lucky Strike Entertainment Corporation's (NYSE:LUCK) investors are due to receive a payment of $0.055 per share on 6th of June. This means that the annual payment will be 2.5% of the current stock price, which is in line with the average for the industry. We've discovered 3 warning signs about Lucky Strike Entertainment. View them for free. We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. Despite not generating a profit, Lucky Strike Entertainment is still paying a dividend. The company is also yet to generate cash flow, so the dividend sustainability is definitely questionable. The next 12 months is set to see EPS grow by 116.7%. However, if the dividend continues along recent trends, it could start putting pressure on the balance sheet with the payout ratio getting very high over the next year. View our latest analysis for Lucky Strike Entertainment It is tough to make a judgement on how stable a dividend is when the company hasn't been paying one for very long. This doesn't mean that the company can't pay a good dividend, but just that we want to wait until it can prove itself. The company's investors will be pleased to have been receiving dividend income for some time. It's encouraging to see that Lucky Strike Entertainment has been growing its earnings per share at 108% a year over the past five years. While the company hasn't yet recorded a profit, the growth rates are healthy. If the company can turn a profit relatively soon, we can see this becoming a reliable income stock. Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. In general, the distributions are a little bit higher than we would like, but we can't ignore the fact the quickly growing earnings gives this stock great potential in the future. Overall, we don't think this company has the makings of a good income stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Case in point: We've spotted 3 warning signs for Lucky Strike Entertainment (of which 1 is significant!) you should know about. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
