The Works Plc
Demonstrates Resilience and In-store Strength Amid Economic Challenges
By Elric Langton | 1 September 2023
It is disappointing to see Discount stationery, crafts, books, and toys retailer The Works share price back to where we started our coverage in May. The Company has demonstrated its ability to weather a challenging economic climate as it unveiled its preliminary results. The report highlights both revenue growth and resilience in the face of adversity, predominantly attributed to the Company's in-store solid sales. However, the Company also grappled with declining online sales and rising operating costs - an obvious concern we must focus on.