TheWorks – full-year results, argues “resilient performance” so what of a further share price fall?…
By Steve Moore | Wednesday 30 August 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Arts and crafts, stationery, toys and books retailer TheWorks (WRKS) has announced results for its year ended 30th April 2023 headlined “Resilient performance delivered in FY23 against challenging backdrop. Well-positioned to capitalise on opportunities from execution of strategy and deliver growth in FY24”. The shares are currently though down below 30p in response, so which looks the more reasonable assessment?
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