Company
TheWorks.co.uk PLC
LON:WRKS
The Works is one of the UK's leading family-friendly value retailers of arts and crafts, stationery, toys, and books, offering customers a differentiated proposition as a value alternative to full price specialist retailers. The company's ambition is to become the favourite destination for affordable, screen free activities for the whole family. It operates a network of over 500 stores in the UK & Ireland, as well as trading online at TheWorks.co.uk.
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TheWorks.co.uk delivers resilient performance, remains cautious on external environment
Total sales increased by 2.1% in the six months to 30 October, and while online sales declined 16.9%, this was still 50% above pre-COVID levels
The Works shares soar as it reports strong sales despite retail doom-and-gloom
“The important thing to consider is that consumers are not going to stop spending altogether," said AJ Bell analyst Russ Mould
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Market movers: ITM Power PLC slides as Credit Suisse hacks price target
A look at some major movers in the market on Friday.
TheWorks warns cost-of-living crisis to eat into Christmas spending
Consumer uncertainty especially during Christmas makes the company's outlook more cautious
TheWorks.co.uk reinstates dividend as trading beats pre-pandemic levels
With a strong first half and a record Christmas trading performance, two-year LFL sales remained positive in the final months of the financial year
TheWorks closes stores following cyber attack
The Works stressed the attack will not adversely affect company forecasts or financial position
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Everyman raises full-year guidance as cinema goers return in force in December
A look at the major movers on the London market on Friday
TheWorks first-half sales beat expectations but costs rise on supply chain woes
The gift, toy and stationery retailer said early signs for Christmas sales are positive, but cautioned that its business has been affected by shortages of global ocean freight and lorry drivers in the UK
TheWorks.co.uk says online sales remain above pre-pandemic levels after stores reopen
The retailer said it is too soon to understand whether current trading reflects strong underlying performance or pent up demand
TheWorks.co.uk posts 25% sales plunge over Christmas period due to coronavirus restrictions
Stores delivered 24% growth in sales when they were allowed to open
TheWorks.co.uk expects material hit from store closures
The retailer is hoping to recover the lost sales in December ahead of the key Christmas season
TheWorks.co.uk says summer performance topped expectations
Store sales continue to be under pressure, with online driving growth
TheWorks to reopen all stores in England and Ireland next week
Social distancing measures will be in place, such as limiting the number of customers at a time, floor stickers to highlight the social distancing rules, perspex screens at tills and hand sanitiser stations
The Works plans stores reopening as it remains confident on outlook
Online sales have risen during the lockdown period, reflecting demand for stationery products
TheWorks boss stops work after “slower start” post Christmas
A “slower start” to the post-Christmas led to increased discounting while new boss Gavin Peck will oversee fewer store openings next year
The Works’ plunges after issuing its second profit warning in six months
The gift, toy and stationery retailer said its full-year profit before tax is expected to be “significantly” below current market forecasts
TheWorks.co.uk gathers steam as it ends first year as a listed firm
Despite a profit warning in May, the gifts, toy and stationery retailer saw its shares boosted after its adjusted pre-tax profits jumped nearly 60%
TheWorks.co.uk shares plunge as it issues profit warning
Chief executive Kevin Keaney said he remains confident in the future prospects for The Works
Investments and investor services
Byotrol gets black mark after revising profit guidance
A look at the day's major movers, including BT Group, TT Group, EVR, Frontier Smart, Elecosoft, Rambler Metals, TheWorks and Mirriad Advertising
TheWorks.co.uk shrugs off retail gloom with strong Christmas
The group, which sells gifts, craft supplies, books, and stationery, said it had delivered record sales for the 11 weeks to 13 January
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FTSE 100 closes lower amid more political noise; Pearson biggest laggard
The UK's blue-chip index closed down around 32 points at 6,862 on the day
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UK data and Brexit in focus as markets poised to digest fallout of deal vote
The result of Parliament's vote on Theresa May's Brexit deal, which is predicted to be defeated, will be at the forefront of the market's mind come Wednesday morning
TheWorks.co.uk climbs as ‘Squishies’ sales help boost interim revenues by 15%
In a half year trading update, the company said like-for-like (LFL) sales had risen by 3.8% over the period, driven by growth in both its stores and e-Commerce divisions
Investments and investor services
FTSE 100 closes higher ahead of Federal Reserve meeting
The focus is now on the Federal Reserve meeting later. The interest rate announcement is set for 7.00pm, UK time