Earnings News

Hollywood Bowl Group Oct 1-Jan 12 Total Revenue Growth Up 11.3% In Line With Board View

Hollywood Bowl Group plc (BOWL), a bowling operator, on Thursday said that total revenue growth over the period October 1, 2024, to January 12, 2025, was up 11.3 percent and in line with Board expectations.

The company said that trading over the period was strong, including a record revenue month in both the UK and Canada in December.

Total U.K. revenue increased 8 percent and LFL revenues increased 4.5 percent over the period.

Total Canada revenue (on a constant currency basis) increased 40.8 percent and LFL revenues increased 14.2 percent over the period.

Revenue from Splitsville centres increased 37.2 percent and Splitsville LFL centres revenue increased 7.0 percent over the period.

The Group said it is on track to meet its target of 130 centres by 2035 and has a strong new centre pipeline in fiscal 2025.

The company said it remains resilient to inflationary pressures with over 70 per cent of group revenue not subject to cost-of-goods inflation. The Group remains confident in the outlook for the financial year.

by RTTNews Staff Writer

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