Fantasy Miniatures Retailer Reports £124m Sales and £41m Profits

  • Games Workshop reports strong H1 sales and profits
  • Sales of £124m and operating profits of £41m for the first six months of FY 2018/19
  • Trading between 7 September and 7 October ahead of same period last year
  • Only 20% of sales made online
  • 489 retail stores across 23 countries, 144 in the UK

Games Workshop, the fantasy miniatures retailer, has reported sales of £124 million and operating profits of £41 million for the first half of its 2018/19 financial year. The company’s results are in line with expectations for the year ending on 2 June 2019. Despite a warning of uncertainties for the rest of the financial year, shares fell by 8%. However, trading between 7 September and 7 October continued well ahead of the same period last year. With only 20% of sales made online, Games Workshop has 489 retail stores across 23 countries, including 144 in the UK. The company’s statement highlights that the Warhammer Hobby is in great shape in core markets and progress from last year.

Factuality Level: 8
Factuality Justification: The article provides factual information about Games Workshop’s financial performance, including specific sales and profit figures, and contextualizes these results within the broader retail environment. However, it could benefit from more detailed analysis of the ‘coming uncertainties’ mentioned, which would enhance its depth and clarity.
Noise Level: 3
Noise Justification: The article provides relevant information about Games Workshop’s financial performance for the first half of its fiscal year, but it lacks in-depth analysis or exploration of long-term trends or consequences of decisions. It also does not offer actionable insights or new knowledge beyond reporting the company’s sales and profits.
Financial Relevance: Yes
Financial Markets Impacted: Games Workshop’s stock price
Financial Rating Justification: The article discusses the company’s financial performance, including sales, operating profits, and its impact on the company’s stock price.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.

Reported publicly: www.retailsector.co.uk