Come see the latest from Games Workshop on their annual sales, the hobby, Brexit and the holiday sales road ahead!
Source Games Workshop:
Games Workshop Group PLC announces that sales and profits in the four months to 2 October 2016 are ahead of the Board’s original expectations.
Over the four month period of the year to date we have seen sales growth in constant currency terms. Sales have further benefitted from the favourable impact of a weaker pound. These have resulted in growth in reported sales for the period.
However, the Board is aware that this is early in the 2017 financial year and that there are a number of key challenging trading periods ahead.
So it looks like whatever happened since summer (revised AoS, and shotgun 40k releases) has the board optimistic of the first four months of their 2016 years. However they acknowledge the upcoming holiday and electorial periods as well.
How do you think sales will go this holiday season based on what we know in the release chute, and over all consumer confidence between Brexit and the US elections?
GW 2015 Report Summary:
Games Workshop 12 Month Stock Price
We will provide the detailed information on the results for the 2015/6 financial year at the time of our announcement on 26 July 2016.
Regardless just as any year, there is no lack of drama with this report as Roundtree address a number of proxie votes against the board, why the may have happened, and then in a whopping 64 page report breaks down a lot of what it is GW does as a company.
Well have at it! Can GW see the light at the end of the tunnel now that sales are up? Have they satiated the questions of a curious hobby and non-hobby audience?
So what say ye?
About the Author: Rob Baer
Rob Baer
Job Title: Managing Editor
Founded Spikey Bits in 2009
Socials: Rob Baer on Facebook and @catdaddymbg on X
About Rob Baer: Founder, Publisher, & Managing Editor of Spikey Bits, the leading tabletop gaming news website focused on the hobby side of wargaming and miniatures.
Rob also co-founded and currently hosts the Long War Podcast, which has over 350 episodes and focuses on tabletop miniatures gaming, specializing in Warhammer 40k. and spent six years writing for Bell of Lost Souls.
Every year, along with his co-hosts, he helps host the Long War 40k Doubles Tournament at Adepticon and the Long War 40k Doubles at the Las Vegas Open, each of which attracts thousands of players from around the world.
Rob has won many Warhammer 40k Tournaments over the years, including multiple first-place finishes in Warhammer 40k Grand Tournaments over the years and even winning 1st place at the 2011 Adepticon 40k Team Tournament. He was even featured for his painting in issue #304 of Games Workshop’s White Dwarf Magazine.
With over 30 years of experience in retail and distribution, Rob knows all the products and exactly which ones are the best. As a member of GAMA (Game Manufacturers Association), he advocates for gaming stores and manufacturers in these difficult times, always looking for the next big thing to feature for the miniatures hobby, helping everyone to provide the value consumers want.
While he’s played every edition of Warhammer 40k and Warhammer Fantasy (since 5th Edition) and has been hobbying on miniatures since the 1980s, Titans of all sizes will always be his favorite! It’s even rumored that his hobby vault rivals the Solemnance Galleries, containing rulebooks filled with lore from editions long past, ancient packs of black-bordered Magic Cards, and models made of both pewter and resin.
