Retailer’s Profits Ahead Despite Share Slip

  • Games Workshop warns of ‘coming uncertainties’ in the rest of the 2018/19 financial year
  • Shares fell by 8% following the warning
  • Trading between 7 September and 7 October met predictions with sales and profits ahead of last year’s figures for the same period
  • 489 retail stores across 23 countries, 144 in the UK
  • Only 20% of sales made online in the year to 3 June
  • Games Workshop led London stock market with a 269% share surge last year and saw a 20% stock rally this financial year

Games Workshop has issued a warning of ‘coming uncertainties’ in the rest of the 2018/19 financial year, leading to an 8% drop in share prices. However, trading between 7 September and 7 October met predictions with sales and profits ahead of figures for the same period last year. The company operates 489 retail stores across 23 countries, including 144 in the UK. Interestingly, only 20% of its sales were made online in the year to 3 June, compared to the previous year. Despite the share fall, Games Workshop has been performing well on the stock market, leading it last year with a 269% share surge and seeing a 20% stock rally this financial year.

Factuality Level: 8
Factuality Justification: The article provides accurate information about Games Workshop’s warning of uncertainties, its trading performance, and its strong position in the stock market. It also includes relevant details such as the number of stores and sales figures. However, it could provide more context on the reasons behind the warning and potential impacts on the company.
Noise Level: 3
Noise Justification: The article provides relevant information about Games Workshop’s warning of uncertainties and its performance in the financial year, as well as some historical context on their sales and stock market performance. However, it lacks a detailed analysis or exploration of potential causes for these uncertainties and does not offer much actionable insights or solutions.
Financial Relevance: Yes
Financial Markets Impacted: Games Workshop’s shares fell by 8%, impacting its stock market performance
Financial Rating Justification: The article discusses the financial performance of Games Workshop, a retail company, and how its share price drop affects the stock market.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the text.

Reported publicly: www.retailsector.co.uk