image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

Hollywood Bowl

February 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • BOWL
  • Price:
  • 287p
With listed rival Ten having received a knockout bid two months ago at 412.5p, eyes have turned to Hollywood Bowl as a potential target. For the year ending September, sales set a new record, up 11% to £215m (+16% excluding the impact of the reduced rate of VAT in the prior year), with like-for-like growth of 4%. Pretax profit was £47.8m for eps of 21.5p.  As mentioned in my last main write-up, in addition to new units (three new centres in the UK  taking the UK estate to 71 centres), Bowl has been able to grow LFLs through continuous improvements in the customer experience (pins on strings now in 54 of UK sites, 13 refurbishments in the year), which has increased dwell times and the games played per lane. LFL sales were up 4.5% i ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Hollywood Bowl - Starts its digital journey in Canada (October 2024)
Hollywood Bowl - Openings number ahead of guidance (September 2023)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

author

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW