Updates & Ideas

Hollywood Bowl - Trading ahead of expectations; analysts upgrade

December 2023

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.

Ten pin bowling centres have long been characterised as smoke filled halls dominated by cheap beer but the arrival of large chains has seen them smartened up with clean surroundings, better lane technology and a decent food offering, attracting a broader and more family-oriented clientele. Hollywood Bowl is one of the two companies (alongside Ten Entertainment, 290p) that dominate the UK bowling scene and its excellent value-for-money offering - just £25 for a family of four - has coincided with a wet summer (always good for indoor entertainment) to drive a strong performance in the year ended September FY23. A recent update disclosed underlying sales growth of 16.2%, well ahead of expectations and analysts have upgraded their forecasts. ...

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Hollywood Bowl - Broker price target 440p (August 2024)

Hollywood Bowl (June 2024)

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Hollywood Bowl - Like-for-like sales growth: +26.8% (May 2022)

Hollywood Bowl - Ten-pin bowling group accelerates rate of openings (March 2022)

Hollywood Bowl (July 2020)

Hollywood Bowl (June 2020)

Hollywood Bowl (May 2020)

Hollywood Bowl - Shares smash through Â£3 mark (February 2020)

Hollywood Bowl (November 2019)

Hollywood Bowl (August 2019)

Hollywood Bowl - â€˜Upside forecast riskâ€™ is building for ten pin bowling operator (June 2019)

Hollywood Bowl - Special dividend cheers investors (February 2019)

Hollywood Bowl (December 2018)

Hollywood Bowl (July 2018)

Hollywood Bowl - Bowling operator enjoys high returns on capital (June 2018)

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.

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