High Street

The Works warns of trading slowdown despite ‘strong’ FY22

Despite headwinds, it revealed ‘operational and propositional improvements’ have helped to offset the impact of the external headwinds noted above, meaning that it has retained its FY22 EBITDA forecast of £15m

Arts and crafts and book retailer The Works has warned it has experienced a slight slowdown in recent trading due to the cost of living crisis, despite reporting a “strong” FY22 performance.

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