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TheWorks.co.uk plc – notes “sales growth” and medium and long-term “potential”…though what about the bottom-line currently?!

By Steve Moore | Thursday 9 November 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.


Previously writing on arts and crafts, stationery, toys and books retailer TheWorks (WRKS), towards the end of August with the shares falling below 30p I concluded to continue to avoid ahead of half-year detail including with costs and consumer spending headwinds. The shares most recently closed at 40p…but what of them currently down to 28.4p on the back of a “half-year trading update”?

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