Business · Markets · 3 hrs ago

Games Workshop Shares Fall Despite Record Profits

Games Workshop Shares Fall Despite Record Profits

Games Workshop, the UK company behind Warhammer 40,000, has seen its share price fall 13.76% over six months, even as it reported record profits.

Investors appear concerned about whether the company can keep growing as manufacturing and logistics costs rise.

Some commentators have blamed the reception of the latest Warhammer 40,000 edition, but the company has not published data supporting that claim.

Games Workshop said trading through August 30 was in line with its board’s expectations for the financial year.

Financial coverage also pointed to slower retail growth per store and a confidential research document said to raise questions about future growth.

The share-price drop does not, by itself, show that the company is in trouble, and its shares were up 1.22% at the time of publication.

Future projects include the video games Total War: Warhammer 40,000 and Space Marine 3, as well as an Amazon Warhammer 40,000 series led by Henry Cavill.

Sources

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