Upcoming Dividend • Jun 18
Upcoming dividend of UK£0.045 per share Eligible shareholders must have bought the stock before 25 June 2026. Payment date: 24 July 2026. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.4%). Recent Insider Transactions • Jun 02
Independent Non-Executive Director recently sold UK£277k worth of stock On the 29th of May, Ivan Schofield sold around 90k shares on-market at roughly UK£3.08 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£901k more than they bought in the last 12 months. Declared Dividend • May 31
First half dividend increased to UK£0.045 Dividend of UK£0.045 is 10% higher than last year. Ex-date: 25th June 2026 Payment date: 24th July 2026 Dividend yield will be 4.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 60% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 27
First half 2026 earnings released: EPS: UK£0.12 (vs UK£0.12 in 1H 2025) First half 2026 results: EPS: UK£0.12 (down from UK£0.12 in 1H 2025). Revenue: UK£141.5m (up 9.5% from 1H 2025). Net income: UK£19.5m (down 5.3% from 1H 2025). Profit margin: 14% (down from 16% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Announcement • Apr 15
Hollywood Bowl Group plc to Report First Half, 2026 Results on May 27, 2026 Hollywood Bowl Group plc announced that they will report first half, 2026 results on May 27, 2026 Recent Insider Transactions • Feb 10
Key Executive recently sold UK£411k worth of stock On the 6th of February, Stephen Burns sold around 158k shares on-market at roughly UK£2.59 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Stephen has been a net seller over the last 12 months, reducing personal holdings by UK£381k. Recent Insider Transactions Derivative • Feb 08
Key Executive exercised options and sold UK£373k worth of stock On the 5th of February, Stephen Burns exercised options to acquire 142k shares at no cost and sold these for an average price of UK£2.63 per share. This trade did not impact their existing holding. For the year to September 2019, Stephen's total compensation was 28% salary and 72% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Stephen's direct individual holding has increased from 3.22m shares to 3.23m. Company insiders have collectively sold UK£1.3m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Jan 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to UK£2.60. The fair value is estimated to be UK£3.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has declined by 4.3%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 7.2% per annum over the same time period. Upcoming Dividend • Jan 22
Upcoming dividend of UK£0.092 per share Eligible shareholders must have bought the stock before 29 January 2026. Payment date: 20 February 2026. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (2.5%). Announcement • Jan 06
Hollywood Bowl Group plc, Annual General Meeting, Jan 29, 2026 Hollywood Bowl Group plc, Annual General Meeting, Jan 29, 2026. Location: berenberg bank, 60 threadneedle street, ec2r 8hp, london United Kingdom Declared Dividend • Dec 18
Final dividend of UK£0.092 announced Shareholders will receive a dividend of UK£0.092. Ex-date: 29th January 2026 Payment date: 20th February 2026 Dividend yield will be 4.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 60% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 17
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: UK£0.20 (up from UK£0.17 in FY 2024). Revenue: UK£250.7m (up 8.8% from FY 2024). Net income: UK£34.6m (up 16% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.6%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Oct 14
Hollywood Bowl Group plc to Report Fiscal Year 2025 Final Results on Dec 16, 2025 Hollywood Bowl Group plc announced that they will report fiscal year 2025 final results on Dec 16, 2025 Upcoming Dividend • Jun 19
Upcoming dividend of UK£0.041 per share Eligible shareholders must have bought the stock before 26 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (2.1%). Announcement • Jun 10
Hollywood Bowl Group plc Announces Appointment of Asheeka Hyde as an Independent Non-Executive Director ,Member of the Audit, Nomination and Corporate Responsibility Committees, Effective 23 June 2025 Hollywood Bowl Group plc announced the appointment of Asheeka Hyde will be appointed as an independent Non-Executive Director of the Company, and as a member of the Audit, Nomination and Corporate Responsibility Committees, effective 23 June 2025. Asheeka has almost 20 years of experience building, developing, and leading award-winning agile Data, Analytics, and AI teams. She is currently the Group Technology Director - Data, Analytics and AI for SSP Group, a global leading operator of food and beverage outlets in travel locations. She was previously Head of Trading Analytics at Dunelm, and has experience working across multiple geographies and in different industries including retail (Walgreens Boots Alliance), automotive (Jaguar Land Rover) and financial services (Capital One Bank). Declared Dividend • Jun 01
First half dividend of UK£0.041 announced Shareholders will receive a dividend of UK£0.041. Ex-date: 26th June 2025 Payment date: 25th July 2025 Dividend yield will be 4.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 68% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 29
First half 2025 earnings released: EPS: UK£0.12 (vs UK£0.13 in 1H 2024) First half 2025 results: EPS: UK£0.12 (down from UK£0.13 in 1H 2024). Revenue: UK£129.2m (up 8.4% from 1H 2024). Net income: UK£20.6m (down 6.0% from 1H 2024). Profit margin: 16% (down from 18% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 14
Independent Non-Executive Chairman recently bought UK£77k worth of stock On the 11th of March, Darren Shapland bought around 30k shares on-market at roughly UK£2.58 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth UK£120k. This was Darren's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Mar 02
Key Executive exercised options and sold UK£240k worth of stock On the 27th of February, Stephen Burns exercised options to acquire 89k shares at no cost and sold these for an average price of UK£2.70 per share. This trade did not impact their existing holding. For the year to September 2018, Stephen's total compensation was 30% salary and 70% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Stephen's direct individual holding has increased from 3.01m shares to 3.12m. Company insiders have collectively sold UK£4.0m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 23
Independent Non-Executive Director recently bought UK£102k worth of stock On the 20th of February, Ivan Schofield bought around 38k shares on-market at roughly UK£2.73 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth UK£120k. Despite this recent purchase, insiders have collectively sold UK£2.6m more in shares than they bought in the last 12 months. Announcement • Feb 20
Hollywood Bowl Group plc (LSE:BOWL) commences an Equity Buyback for 17,208,385 shares, representing 10% of its issued share capital, under the authorization approved on February 18, 2025. Hollywood Bowl Group plc (LSE:BOWL) commences share repurchases on February 18, 2025, under the program mandated by the shareholders in the Annual General Meeting held on January 30, 2025. As per the mandate, the company is authorized to repurchase up to 17,208,385 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares purchased may either be cancelled or held as treasury shares. The authority shall expire at the conclusion of the next Annual General Meeting of the company, or, if earlier, March 31, 2026. As of January 28, 2025, the company had 172,083,853 ordinary shares in issue. Recent Insider Transactions • Feb 05
Independent Non-Executive Director recently bought UK£78k worth of stock On the 3rd of February, Ivan Schofield bought around 28k shares on-market at roughly UK£2.77 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth UK£320k. Despite this recent purchase, insiders have collectively sold UK£2.7m more in shares than they bought in the last 12 months. Announcement • Jan 31
Hollywood Bowl Group plc Approves Final Dividend Hollywood Bowl Group plc at its annual general meeting was held on 30 January 2025, declared a Final Dividend of 8.08 pence per share. Upcoming Dividend • Jan 23
Upcoming dividend of UK£0.081 per share Eligible shareholders must have bought the stock before 30 January 2025. Payment date: 21 February 2025. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (2.1%). Recent Insider Transactions • Dec 23
Non-Executive Chairman recently bought UK£120k worth of stock On the 19th of December, Peter Boddy bought around 40k shares on-market at roughly UK£3.00 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth UK£320k. Despite this recent buy, Peter has been a net seller over the last 12 months, reducing personal holdings by UK£590k. Declared Dividend • Dec 19
Final dividend of UK£0.081 announced Shareholders will receive a dividend of UK£0.081. Ex-date: 30th January 2025 Payment date: 21st February 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 68% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 18
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: UK£0.17 (down from UK£0.20 in FY 2023). Revenue: UK£230.4m (up 7.1% from FY 2023). Net income: UK£29.9m (down 12% from FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Recent Insider Transactions • Nov 17
Non-Executive Chairman recently bought UK£320k worth of stock On the 13th of November, Peter Boddy bought around 100k shares on-market at roughly UK£3.20 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Peter has been a net seller over the last 12 months, reducing personal holdings by UK£536k. Recent Insider Transactions • Oct 28
Board Member recently sold UK£498k worth of stock On the 24th of October, Melanie Dickinson sold around 150k shares on-market at roughly UK£3.32 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth UK£856k. Insiders have been net sellers, collectively disposing of UK£3.9m more than they bought in the last 12 months. Announcement • Oct 22
Hollywood Bowl Group plc to Report Q4, 2024 Results on Dec 17, 2024 Hollywood Bowl Group plc announced that they will report Q4, 2024 results on Dec 17, 2024 Buy Or Sell Opportunity • Oct 19
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to UK£3.25. The fair value is estimated to be UK£2.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Price Target Changed • Oct 03
Price target increased by 7.2% to UK£4.00 Up from UK£3.73, the current price target is an average from 6 analysts. New target price is 31% above last closing price of UK£3.05. Stock is up 23% over the past year. The company is forecast to post earnings per share of UK£0.21 for next year compared to UK£0.20 last year. Recent Insider Transactions • Sep 30
Non-Executive Chairman recently sold UK£856k worth of stock On the 26th of September, Peter Boddy sold around 275k shares on-market at roughly UK£3.11 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Sep 20
Key Executive exercised options and sold UK£270k worth of stock On the 17th of September, Stephen Burns exercised options to acquire 86k shares at no cost and sold these for an average price of UK£3.13 per share. This trade did not impact their existing holding. For the year to September 2017, Stephen's total compensation was 33% salary and 67% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Stephen's direct individual holding has decreased from 3.18m shares to 3.01m. Company insiders have collectively sold UK£2.8m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Aug 25
Now 20% overvalued Over the last 90 days, the stock has fallen 1.1% to UK£3.27. The fair value is estimated to be UK£2.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Buy Or Sell Opportunity • Jul 23
Now 20% overvalued Over the last 90 days, the stock has fallen 3.0% to UK£3.24. The fair value is estimated to be UK£2.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Buy Or Sell Opportunity • Jul 01
Now 15% overvalued Over the last 90 days, the stock has fallen 7.4% to UK£3.06. The fair value is estimated to be UK£2.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Buy Or Sell Opportunity • Jun 19
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at UK£3.17. The fair value is estimated to be UK£2.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Recent Insider Transactions • Jun 09
Independent Non-Executive Director recently bought UK£96k worth of stock On the 4th of June, Ivan Schofield bought around 29k shares on-market at roughly UK£3.33 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold UK£2.1m more in shares than they bought in the last 12 months. Declared Dividend • Jun 05
First half dividend increased to UK£0.04 Dividend of UK£0.04 is 22% higher than last year. Ex-date: 13th June 2024 Payment date: 10th July 2024 Dividend yield will be 4.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 86% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 04
First half 2024 earnings released: EPS: UK£0.13 (vs UK£0.12 in 1H 2023) First half 2024 results: EPS: UK£0.13 (up from UK£0.12 in 1H 2023). Revenue: UK£119.2m (up 8.1% from 1H 2023). Net income: UK£21.9m (up 5.0% from 1H 2023). Profit margin: 18% (in line with 1H 2023). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.0% to UK£3.30. The fair value is estimated to be UK£2.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 77%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 6.0% per annum over the same time period. Buy Or Sell Opportunity • Apr 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to UK£3.33. The fair value is estimated to be UK£2.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 77%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period. Recent Insider Transactions • Mar 24
Chief Operating Officer recently sold UK£578k worth of stock On the 21st of March, Darryl Lewis sold around 180k shares on-market at roughly UK£3.21 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Darryl has been a net seller over the last 12 months, reducing personal holdings by UK£734k. Announcement • Mar 21
Hollywood Bowl Group plc to Report First Half, 2024 Results on Jun 03, 2024 Hollywood Bowl Group plc announced that they will report first half, 2024 results on Jun 03, 2024 Recent Insider Transactions • Mar 10
Independent Non-Executive Director recently sold UK£133k worth of stock On the 6th of March, Ivan Schofield sold around 40k shares on-market at roughly UK£3.32 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth UK£319k. Insiders have been net sellers, collectively disposing of UK£1.1m more than they bought in the last 12 months. Announcement • Feb 07
Hollywood Bowl Group plc (LSE:BOWL) commences an Equity Buyback Plan for 17,171,236 shares, representing 10% of its issued share capital, under the authorization approved on January 29, 2024. Hollywood Bowl Group plc (LSE:BOWL) commences share repurchases on February 5, 2024, under the program mandated by the shareholders in the Annual General Meeting held on January 29, 2024. As per the mandate, the company is authorized to repurchase up to 17,171,236 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares purchased may either be cancelled or held as treasury shares. The authority shall expire at the conclusion of the next Annual General Meeting of the company, or, if earlier, March 31, 2025. As of December 15, 2023, the company had 171,712,357 ordinary shares in issue. Upcoming Dividend • Jan 25
Upcoming dividend of UK£0.11 per share at 5.0% yield Eligible shareholders must have bought the stock before 01 February 2024. Payment date: 23 February 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (2.1%). Recent Insider Transactions • Jan 15
Key Executive recently sold UK£319k worth of stock On the 12th of January, Laurence Keen sold around 108k shares on-market at roughly UK£2.97 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Laurence's only on-market trade for the last 12 months. Reported Earnings • Dec 19
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: UK£0.20 (down from UK£0.22 in FY 2022). Revenue: UK£215.1m (up 11% from FY 2022). Net income: UK£34.2m (down 8.8% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Nov 24
Hollywood Bowl Group plc to Report Fiscal Year 2023 Results on Dec 18, 2023 Hollywood Bowl Group plc announced that they will report fiscal year 2023 results on Dec 18, 2023 Major Estimate Revision • Oct 20
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from UK£201.5m to UK£212.5m. EPS estimate increased from UK£0.187 to UK£0.208 per share. Net income forecast to grow 13% next year vs 16% growth forecast for Hospitality industry in the United Kingdom. Consensus price target up from UK£3.51 to UK£3.62. Share price was steady at UK£2.41 over the past week. Announcement • Oct 20
Hollywood Bowl Group plc (LSE:BOWL) acquired Lincoln Bowl Limited. Hollywood Bowl Group plc (LSE:BOWL) acquired Lincoln Bowl Limited on October 1, 2023.Hollywood Bowl Group plc (LSE:BOWL) completed the acquisition of Lincoln Bowl Limited on October 1, 2023. Buying Opportunity • Jul 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.0%. The fair value is estimated to be UK£2.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 5.2% in the next 2 years. Announcement • Jul 23
Hollywood Bowl Group plc Appoints Rachel Addison as Independent Non-Executive Director, and as a Member of the Audit, Remuneration and Nomination Committees with Effect from 1 September 2023 Hollywood Bowl Group plc announced that Rachel Addison will be appointed as an independent Non-Executive Director of the Company, and as a member of the Audit, Remuneration and Nomination Committees with effect from 1 September 2023. Rachel has circa 30 years of finance and operational management experience. She has held a number of senior leadership and board positions across media and technology businesses, including as Chief Financial Officer at Future plc and T1 Media Limited and senior roles at a variety of business including Reach plc, Local World Limited, Northcliffe Media Limited and Boots the Chemist. Rachel is a Chartered Accountant having started her career at Arthur Anderson. Rachel currently serves as a Non-Executive Director and Audit Committee Chair at Watkin Jones plc and Marlowe plc (both quoted on AIM). She is also a Non-Executive Director of AIM quoted Gamma Communications plc, Mango Publishing Group (an independent publisher based in Florida, USA) and Wates Group Limited. Rachel served as a Non-Executive Director of Hyve Group plc from March 2022 to May 2023. Buying Opportunity • Jul 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be UK£3.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 60%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 2.0% per annum over the same time period. Announcement • Jun 01
Hollywood Bowl Group plc Declares an Interim Dividend, Payable on 5 July 2023 Hollywood Bowl Group plc announced that the Board has declared an interim dividend of 3.27 pence per share. The ex-dividend date is 8 June 2023, with a record date of 9 June 2023 and a payment date of 5 July 2023. Reported Earnings • May 31
First half 2023 earnings released: EPS: UK£0.12 (vs UK£0.16 in 1H 2022) First half 2023 results: EPS: UK£0.12 (down from UK£0.16 in 1H 2022). Revenue: UK£110.2m (up 10% from 1H 2022). Net income: UK£20.9m (down 23% from 1H 2022). Profit margin: 19% (down from 27% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 14
Board Member recently sold UK£310k worth of stock On the 12th of April, Melanie Dickinson sold around 125k shares on-market at roughly UK£2.48 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Buying Opportunity • Mar 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.8%. The fair value is estimated to be UK£2.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is forecast to decline by 3.2% per annum over the same time period. Recent Insider Transactions Derivative • Feb 20
Key Executive exercised options and sold UK£598k worth of stock On the 16th of February, Stephen Burns exercised options to acquire 240k shares at no cost and sold these for an average price of UK£2.49 per share. This trade did not impact their existing holding. For the year to September 2016, Stephen's total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2022, Stephen has owned 3.18m shares directly. Company insiders have collectively sold UK£1.6m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Feb 17
Hollywood Bowl Group plc (LSE:BOWL) acquired Mountain View Bowl Inc and Wong and Lewis Investments Inc and HLD Investments Inc for CAD 12 million. Hollywood Bowl Group plc (LSE:BOWL) acquired Mountain View Bowl Inc and Wong and Lewis Investments Inc and HLD Investments Inc for CAD 12 million on February 16, 2023. HLD Investments Inc. (operating as YYC Bowling & Entertainment), Mountain View Bowl Inc and Wong and Lewis Investments Inc. (operating as Let's Bowl). On a proforma basis, for the 12 months to 30 September 2022, these centres generated CAD 7.1 million revenue and CAD 2.8 million EBITDA on a pre-IFRS 16 basis, equating to a purchase price of4.3x pre-IFRS 16 EBITDA. The consideration of CAD 12 million will be funded from the Group's existing cash resources and the acquisition will be earnings-enhancing for the financial year ending 30 September 2023.
Hollywood Bowl Group plc (LSE:BOWL) completed the acquisition of Mountain View Bowl Inc and Wong and Lewis Investments Inc and HLD Investments Inc on February 16, 2023. Upcoming Dividend • Jan 26
Upcoming dividend of UK£0.12 per share at 4.5% yield Eligible shareholders must have bought the stock before 02 February 2023. Payment date: 24 February 2023. Trailing yield: 4.5%. Lower than top quartile of British dividend payers (5.4%). Higher than average of industry peers (1.5%). Announcement • Dec 23
Hollywood Bowl Group plc, Annual General Meeting, Jan 30, 2023 Hollywood Bowl Group plc, Annual General Meeting, Jan 30, 2023, at 09:30 Coordinated Universal Time. Location: at Investec Bank plc, 30 Gresham Street London United Kingdom Reported Earnings • Dec 17
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: UK£0.22 (up from UK£0.01 in FY 2021). Revenue: UK£193.7m (up 170% from FY 2021). Net income: UK£37.5m (up UK£35.7m from FY 2021). Profit margin: 19% (up from 2.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 19% share price gain to UK£2.38, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Hospitality industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£4.39 per share. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment deteriorated over the past week After last week's 18% share price decline to UK£1.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Hospitality industry in the United Kingdom. Total loss to shareholders of 20% over the past three years. Buying Opportunity • Jul 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be UK£2.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings is forecast to decline by 5.2% per annum over the same time period. Upcoming Dividend • Jun 02
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 06 July 2022. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (4.9%). Higher than average of industry peers (1.2%). Major Estimate Revision • Jun 01
Consensus EPS estimates increase by 19% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from UK£155.5m to UK£158.1m. EPS estimate increased from UK£0.23 to UK£0.27 per share. Net income forecast to shrink 21% next year vs 43% growth forecast for Hospitality industry in the United Kingdom . Consensus price target broadly unchanged at UK£3.14. Share price rose 6.9% to UK£2.57 over the past week. Reported Earnings • May 26
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£11.6m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 25% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Chief People Officer & Executive Director Mel Dickinson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Apr 09
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from UK£150.7m to UK£155.0m. EPS estimate increased from UK£0.20 to UK£0.23 per share. Net income forecast to grow 1,601% next year vs 52% growth forecast for Hospitality industry in the United Kingdom. Consensus price target broadly unchanged at UK£3.11. Share price rose 12% to UK£2.77 over the past week. Major Estimate Revision • Jan 08
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from UK£0.15 to UK£0.20. Revenue forecast steady at UK£149.9m. Net income forecast to grow 1,425% next year vs 136% growth forecast for Hospitality industry in the United Kingdom. Consensus price target broadly unchanged at UK£2.93. Share price rose 2.7% to UK£2.46 over the past week. Recent Insider Transactions Derivative • Jan 07
Key Executive exercised options and sold UK£377k worth of stock On the 6th of January, Stephen Burns exercised options to acquire 160k shares at no cost and sold these for an average price of UK£2.36 per share. This trade did not impact their existing holding. For the year to September 2021, Stephen's total compensation was 95% salary and 5% non-salary. Since March 2021, Stephen's direct individual holding has increased from 3.17m shares to 3.18m. Company insiders have collectively sold UK£1.1m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Dec 16
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: UK£0.011 (up from UK£0.009 in FY 2020). Revenue: UK£71.9m (down 9.6% from FY 2020). Net income: UK£1.73m (up 25% from FY 2020). Profit margin: 2.4% (up from 1.7% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 732%. Earnings per share (EPS) surpassed analyst estimates by 732%. Over the next year, revenue is forecast to grow 108%, compared to a 38% growth forecast for the restaurants industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. 