Bow Street Group (LSE:BOW) has reported signs of stabilisation in trading for the year ended 28 December 2025, with like-for-like revenue increasing by more than 1.3% during the key four-week Christmas trading period. The company said full-year results are expected to be in line with market expectations.
After completing a £10.1m equity raise, implementing a company name change and refreshing its leadership team, the group has initiated a wide-ranging operational reset. This includes the rollout of more than 280 improvement initiatives across the business, the exit of a marginally profitable Gerrards Cross lease on favourable cash terms, and the introduction of new employee and share option incentive schemes. Bow Street has also begun refurbishing an initial six restaurants and rolling out updated menus, aimed at mitigating the impact of rising wage and business rate costs expected from April 2026. Early trading performance at refurbished locations has been described as encouraging.
In addition, the group confirmed it is in constructive discussions regarding the potential acquisition of scalable restaurant brands. Together, these actions position 2026 as a year focused on rebuilding and transformation for the business.
From an investment standpoint, the outlook remains cautious due to ongoing financial and technical pressures. High leverage and negative equity continue to pose risks to balance sheet stability, while technical indicators point to a bearish trend despite oversold conditions. Valuation metrics remain unattractive, reflecting continuing losses and the absence of dividend support.
More about Bow Street Group
Bow Street Group plc, listed on AIM, owns and operates the Wildwood and dim t casual dining restaurant brands in the UK. The group manages a mixed portfolio of long and short leasehold sites, offering European and Asian cuisine, and is pursuing a strategy centred on operational improvement and selective acquisitions within the UK restaurant sector.
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