GW Annual Financial Report dropping this week

[Path Walker]

Also if they're making people redundant that's potentially expensive if they've been there a while.

Especially when they do it as badly as they did at my local store, choosing the part timer because he was part time and then had to negotiate away from an employment tribunal.

[Eldar_Atog]

Violating my self-imposed banning to post this...

7th release wouldn't be included in this report.

Thanks. I thought this report was inclusive of all their sales from Jan 1 - July 1. Perhaps the news isn't quite as dire as I was thinking. Though having a CEO step down is usually not a good sign.

[Psychosplodge]

(Hey uber-mods, where's the week-long banning for all of those "of topic" posts up there?).

Can it wait till next week when I'm away?
To be fair it was relevant tangentially and never devolved into personnel insults...
Also self imposed banning?

Especially when they do it as badly as they did at my local store, choosing the part timer because he was part time and then had to negotiate away from an employment tribunal.

I wasn't even considering tribunals, they can add up if they have loads.

[Mr Mystery]

Thanks. I thought this report was inclusive of all their sales from Jan 1 - July 1. Perhaps the news isn't quite as dire as I was thinking. Though having a CEO step down is usually not a good sign.

Given the dude's age, this is more likely retirement.

After all, he stood down before to put Mark Wells (think that was the bloke) in charge, and Mark Wells went home the other year.

[40kGamer]

Given the dude's age, this is more likely retirement.

After all, he stood down before to put Mark Wells (think that was the bloke) in charge, and Mark Wells went home the other year.

Companies need new leadership every now and again as the same old same old leads to stagnation. Hopefully whoever lands the gig has a love of their games as well as a good head for business.

[Bigred]

via The Telegragh

[URL="http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10997611/Fantasy-figures-Games-Workshops-CEO-takes-alternative-view-of-good.html"]Fantasy figures: Games Workshop’s CEO takes alternative view of 'good'[/URL]

You can rely on Tom Kirby to enliven his company's results with a few interesting quotes

Here’s a new way to judge a company’s performance: totally ignore the numbers.

Games Workshop (LSE: GAW.L - news) , which makes miniature figurines and fantasy games played out in alternative universes, today reported that its pre-tax profits for the year fell 42.1pc, or £9m, to £12.3m as revenues slumped from £134.6m in 2013 to £123.5m this year.

Read the whole thing...

[Mr Mystery]

I see the stock finished up on the day. Dunno if that means much, but it's probably better than a drop I'd imagine.

[Wolfshade]

Stock is a bit lis leading by this measure.
GW consistently pays dividends, yes they are not massive payouts but they do continually pay out and will do so so are a "safe" option. Indeed, the stocks pay for themselves within a few years of dividend payouts.

[CoffeeGrunt]

Kirby seems highly entertaining, I should look up his other preambles...

[daboarder]

via The Telegragh

[URL="http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10997611/Fantasy-figures-Games-Workshops-CEO-takes-alternative-view-of-good.html"]Fantasy figures: Games Workshop’s CEO takes alternative view of 'good'[/URL]



Read the whole thing...

OOFFF!! don't pull punches do they