Finance: Games Workshop Update
Some Games Workshop business news for you folks who follow this type of thing. Ignore the daily trading stuff and instead look at the section towards the end talking about overall sales and future prospects.
Separately, fellow retailer Games Workshop also saw its share price dive as it faces tough trading conditions in the entertainment market.Sales of its fantasy figurines and other products fell 4% in the six months to 28 November compared with a year earlier.
The company further warned that “difficult trading conditions since that time mean that this shortfall is unlikely to be recovered by the year end”.As a result, the firm feared that profits for the year to May were unlikely to meet market expectations.
Shares in Games Workshop fell nearly 18% in early London trading.
A further Games Workshop financial filing from today was reported in the Lounge here.
~The six months leading up to November 28 would have been right smack in the middle of the Fantasy 8th Edition launch window. Have at it, and as usual with anything financial, no chairs!
