The Works Plc
A bet on Recovery - Paying off
By Elric Langton | 18 May 2023
The Works is one of our most recent features, based on it being a contrarian recovery play. The popular family-friendly value retailer specialising in arts, crafts, toys, books, and stationery has released its trading update for the 52 weeks ending on April 30, 2023, and has provided encouraging signs it is a worthy play—however, one swallow and all that. A keen eye needs to be kept on the wider macros because there remain fears of a recession.