Company
Hollywood Bowl Group PLC
LON:BOWL
The Group is the UK’s largest ten-pin bowling operator, with a portfolio of 54 bowling Centres operating across the UK under the ‘Hollywood Bowl’, ‘AMF’ and ‘Bowlplex’ brands. The Group specialises in operating large, high quality bowling centres, predominantly located on out of town multi-use leisure parks (typically co-located with cinema and casual dining sites) and large retail parks. The Group’s Centres are designed to offer a complete family entertainment experience with each Centre offering at least 16 bowling lanes, on-site dining, licensed bars, and state-of-the-art family games arcades.
54 stories
Hollywood Bowl sees profit beating market forecasts after ‘excellent’ full-year performance
The group has continued its "excellent momentum" following a record first half with another period of strong trading and further growth
Hollywood Bowl Group says profits rebound while revenue jumps three fold
A £10.6mln Canadian acquisition is set to enhance earnings for 2023
Hollywood Bowl expects customers to flood back when it reopens today
The bowling alley owner has been refurbishing outlets while they were shut
Hollywood Bowl asks for £30mln and dusts off expansion plans as re-opening date nears
Seven new ten-pin bowling centres are scheduled by September 2024.
Hollywood Bowl rolls out £11mln fundraise to prepare for post-lockdown expansion
Shares in the 10-pin bowling operator surged 12% higher to 159.97p in early trading on Friday
Hollywood Bowl keeps striking
The ten-pin bowling operator said it has a target of seven to ten investments in the current year, which started in line with expectations
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FTSE 100 closes higher on trade deal news and UK election result
Britain's blue chip benchmark closed up nearly 80 points at 7,353, seemingly unfazed by the 1.31% rise in the pound against the dollar
Hollywood Bowl tops expectations
Profit before tax growth for the year to 30 September is estimated to be in excess of 10%, slightly ahead of expectations
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United Utilities and Intertek Group to be in focus on a busy Thursday
United Utilities, Intertek, Mitchells & Butlers, TalkTalk Group, and Tate & Lyle are all in the schedule for Thursday.
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Still no opportunities to sell in May, with Royal Mail and M&S set to deliver updates
The Week Ahead will also bring news from power firm SSE and water groups Severn Trent and United Utilities, plus the latest UK inflation and retail sales numbers
Hollywood Bowl surges as it hikes final and special dividend in full year
The bowling alley operator proposed a special dividend of 4.33p per share, 30% higher than last year’s special dividend, while the final dividend was raised 7.1% to 4.23p
Investments and investor services
FTSE 100 closes lower as UK Prime Minister pulls plug on key Brexit vote
The UK premier index finished down around 56 points at 6,721 on Monday
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All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
Hollywood Bowl mulls return of surplus cash to shareholders
The board remains committed to continuing to invest in the business through its ongoing cash generation, in addition to considering the appropriate use of surplus cash to enhance shareholder returns
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Markets
Investments and investor services
FTSE 100 closes firmly in red as resource stocks suffer
Global markets are in the red after Donald Trump said he was not happy with the progress of talks with China.
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M&S shareholders braced for another gloomy update
M&S announced shop closures a day ahead of its results announcement; was that to spread the bad news over two days or to ensure the bad news did not overshadow a decent trading performance?
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Retailers in focus for coming week, with Marks & Spencers, Kingfisher, and Halfords set to update
Aside from the retails, the week ahead includes results from utilities Pennon PLC, Severn Trent PLC, United Utilities PLC, and SSE PLC, plus updates from Ryanair PLC and Britvic PLC, and the latest UK inflation numbers
Hollywood Bowl shareholders set for £14mln windfall as bowling firm rolls a strike in first year on LSE
Pre-tax profits at the UK’s largest bowling operator jumped from £2.6mln to £21.1mln in the 12 months ended 30 September, after a 9% rise in sales to £114mln
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Federal Reserve Grinch to dominate among upcoming central bank rate decisions
The Week Ahead will be dominated by interest rate decisions from the US Federal Reserve, Bank of England and ECB, plus UK inflation and results from Ashtead Group, TUI, and Dixons Caphone among others
Hollywood Bowl on course for special payout after strong second half
The plan to rebrand Bowlplex sites into Hollywood Bowl centres has worked well
It's a strike for Hollywood Bowl as it reports first half revenue growth
Hollywood Bowl said it continues to trade in line with its expectations for the full year
Hollywood Bowl strikes through the £100mln sales mark
Sales were well up, but various one-offs hit overall profits at the bowling chain
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Will Carpetright be able to halt its slide?
Unlikely given the last trading update, but it might be able to slow the downward spiral
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Week Ahead: Bellway expected to have put in solid finish to eventful year
Big names reporting include Bellway, Dixons Carphone, John Wood Group, Go-Ahead Group, PZ Cussons and Berendsen
Colostomy bag maker ConvaTec the latest to float as Brexit fears fade
ConvaTec’s IPO will follow a number of other companies unperturbed by Brexit.