Hollywood Bowl’s (BOWL) interim FY26 trading update is reassuringly in line with expectations, as the core UK business delivered positive LFLs of +2.6%. This is a good result against the backdrop of a challenging wider UK hospitality market. Total revenue was +9.5% to £141.5m, which is 52% of our FY26E estimate – in line with the historic split. Canadian LFLs were slightly slower from FY25-end, but this is not a concern for us at present given the relative immaturity of the estate with some lega ....
