Games Workshop reports ‘record year’ as sales and profits rise

The games manufacturer and retailer reported core revenue up from £565m to £626.8m in the year to May 31. Pre-tax profit climbed from £262.8m to £275.7m.

Chief executive Kevin Rountree said: “Games Workshop and the Warhammer hobby are in great shape. We delivered group revenue and profit before tax at record levels thanks to another good performance from the core business.

“After a record year, we remain customer focused and look forward to building on the progress we have made. I thank all of our customers together with our staff, trade accounts, our licensing partners and broader stakeholders for their ongoing support. Exciting times.”

Games Workshop sells through its own stores and online, as well as through third-party independent retailers.

Its own shops only sell Games Workshop products and, because they are “focused on the recruitment of new hobbyists”, primarily sell starter sets and new releases.

Games Workshop has 598 company-owned stores in 24 countries. There are 465 “low cost stores”, each run by a single manager. There are 133 “multi-staff stores”, including three café format branches. All “are constantly reviewed to ensure they remain profitable. If not, they will probably be closed”.