Hollywood Bowl (GB:BOWL) has released an update.
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Hollywood Bowl Group has reported a solid financial performance with a 8.1% rise in revenue to £119.2m and a significant increase in profits, both before and after tax, compared to the previous year. Key factors contributing to the success were the expansion and refurbishment strategies in the UK and Canada, as well as improved customer experiences leading to increased spend per game. The company’s robust cash position and strong balance sheet are expected to support ongoing investments and growth, with plans to expand the estate to over 130 centers.
For further insights into GB:BOWL stock, check out TipRanks’ Stock Analysis page.
