GW 2014-2015 Half Year Results

[Caitsidhe]

Only 3%... I was expecting at least 5.

Well the timing of the reports prevented that. The next one (after the upcoming one released in July) will be between 5-7% loss. That is where the big hit will finally catch up and show. They have already cut to the bone so slash and burn bookkeeping will no longer allow them to pretend to be in the black.

[Alaric]

HAHAHAHA

if GW posted a Loss AND shrinkage....I'd love to read the logicl hoops people would jump through for that one

You WOULD get off on loss and shrinkage. Thanks for bein a terrible human being, you probably cheer when planes crash.

[daboarder]

You WOULD get off on loss and shrinkage. Thanks for bein a terrible human being, you probably cheer when planes crash.

ouch man come on.

I truly do hope GW manages to pull their head in well before it becomes an issue. I'd also like certain posters to be made to eat their silly words, all is not rosy in GW financials, nor has it been for a while, but some people just like to keep their head in the sand against the evidence.

[Lexington]

Here's an [URL="http://icv2.com/articles/news/view/31808/games-workshop-says-sales-down"]article from ICv2[/URL] on the subject.

Core Info:

The combination of those factors will be roughly a 5% decline in sales through its own stores, a 3% decline in sales to independent retailers, and a 5% growth in mail order sales.

So, mixed results. On the one hand, the bleeding continues to slow. On the other hand...well, they've still lost a lot of blood, and are continuing to bleed, if ever more slowly. I don't imagine it's a comfortable time anywhere in the company.

You WOULD get off on loss and shrinkage.

I've seen weirder porn collections.

[Alaric]

ouch man come on.

I truly do hope GW manages to pull their head in well before it becomes an issue. I'd also like certain posters to be made to eat their silly words, all is not rosy in GW financials, nor has it been for a while, but some people just like to keep their head in the sand against the evidence.

Generally I don't get bothered by what you write and I respect the fact you have been yourself and not waffled on what you dislike aboot this game...however, have you ever considered the consequences of what would happen if what you so desperately want to happen, actually happened? People would lose jobs, businesses would suffer with unmoveable stock. It would start a chain reaction that would only result in loss. But hey, GW lost and you got what you wanted..right?

I admit also you don't get treated the best, but you also bring a lot of it on yourself by acting the way you do. For my opinion on these financials, I don't want GW to go under cuz im a fanboy, I don't want them to go under because they employ many many people all over the globe and I cant see that as a bad thing. And all the low income earners are usually the first to go. Im friends with the owners of our FLGS and 40k brings them alotta dough, dough that they spend improving their store and keeping their kids fed.

[daboarder]

Honestly it wouldnt take much for GW to get me on side. Just a little positive community interaction and care about the game. Eddy was a perfect example of how GW should be and they killed that piece of vibrancy off.

Again all i want is GW to fix their attitude before they go under. (So that they dont go under obviously) love the IP to bits.

[40kGamer]

however, have you ever considered the consequences of what would happen if what you so desperately want to happen, actually happened? People would lose jobs, businesses would suffer with unmoveable stock. It would start a chain reaction that would only result in loss.

Another company would simply fill the void. Someone is always waiting in the wings, chomping at the bit, ready to take over.

[grimmas]

I think it's time GW admitted that the "restructuring" of their stores hasn't worked, yeah they may be cheaper to run but they aren't selling as much stuff. In fact everything was going fine then they changed to stores and low and behold revenue and profit drops. Nothing else was changed just the stores surely that not just coincidence. I know the Internet wisdom likes to blame price hikes and lack of Internet presence but none of this has an effect however mess with the stores and bang straight away down go the sales.

Of course it's actually far worse they were showing steady growth up until they went to predominantly one person stores, yes loads of business consultants will tell you than the increased overheads of larger stores cut into profits but it seems in the case of GW it also craps up your sales figures.

[DarkLink]

You WOULD get off on loss and shrinkage. Thanks for bein a terrible human being, you probably cheer when planes crash.

Obviously comparing a company posting poor financials with the possibility of a gradual decline into bankruptcy is at least as horrible as dozens and dozens of people dying.

[Caitsidhe]

You WOULD get off on loss and shrinkage. Thanks for bein a terrible human being, you probably cheer when planes crash.

Hyperbole much? You sound like one of those people who immediately reaches for the German bad guys of WWII when people disagree with you. Most of the people on this site play the game and are fans of the IP. Most of them, at one time or another, liked the rules and even <gasp> the company itself. Most of them, and I think daboarder would be one, would prefer to see the company reclaim its beloved spot in all our hearts. Most would prefer they become financially stable and stop bleeding from a thousand cuts. Your inability to read the intention and clear meaning in the posts of others does you no service.

All that being said, Games Workshop isn't a victim. You should understand that. The buck stops with them. Nobody is doing this to them. Comments by unhappy consumers isn't a conspiracy to drive them out of business that is slowly and unfairly grinding them into the dust. It isn't as if they need the help. There is a growing discontent with their pricing structure, community interaction, and bad rules. That's it. Unfortunately, when you take away pricing, community interaction, and solid rules, the only thing the company has left to sell us is good looking models. They have that. It isn't enough. Their stubborn refusal to right their sinking ship (however slowly it is taking on water) has to do with a Captain who is literally drunk at the helm and a crew too afraid of him to mutiny. Without solid rules and ease of play, the community dies. That is the long and the short of it. We "might" accept GW's price structure if the game was good enough, but it isn't. We might accept their horrible community interaction if the game was good enough or the pricing better. Do you see where I'm going with this?

Some people collect the models for the simple joy of collecting and painting. There aren't enough of such people to support Games Workshop. A larger (vastly larger) portion of the consumers collect to play the game. They continue in the hobby for love of the game. If you undermine that love by making the very act of playing the game a serious pain in the rear, you will see those consumers flirting with pretty new things. Their love will be forgotten and replaced. This is true because when it comes right down to it, we play for the love "of games" not love of "the game." Do you follow? We are gamers, not Games Workshop groupies. It is something they refuse to accept. They are the Justin Bieber of the gaming world and honestly believe that we all still love them, rather than seeing them for exactly what they have become.