Games Workshop warns of ‘coming uncertainties’ leading to 8% share slip

Games Workshop has issued a warning of “coming uncertainties” in the rest of the 2018/19 financial year, shares in the hobby retailer fell by 8% following the news.

Despite the warning, the retailer said trading between 7 September and 7 October had “continued well” according to predictions with sales and profits ahead of figures for the same period last year.

Games Workshop has 489 retail stores across 23 countries, with 144 in the UK. In contrast to the current retail environment only 20% of the group’s sales in the year to 3 June were made online, with the same proportion the previous year.

The company remains strong on the stock market despite the fall, with it leading the London stock market last year with a 269% share surge, and seeing stock rally by 20% over the current financial year.

Retail Sector has contacted Games Workshop for further comment.