The current financial year is off to a good start for Hollywood Bowl (BOWL), with a first-half like-for-like sales increase of 4.4 per cent (or 5.3 per cent on a reported basis) – ahead of analyst expectations. The bowling centre operator opened two new locations during the first half, in line with guidance that it would open two new sites per year. It also expects to meet its target of refurbishing between seven and nine sites this financial year.
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Hollywood Bowl is going into the second half against a soft comparable performance last year, since the 2018 summer heatwave meant that second-half sales increased by just 1.8 per cent.
