In Six Months Ended November 27, 2022
Posted by Milton Griepp on February 10, 2023 @ 2:36 am CT
There may be better times ahead. Games Workshop reported year-over-year growth in North America for its September-November quarter and predicts an improvement in its fiscal second half (December-May). It also noted the tough comparisons in the comparable 2021 months, which will ease as the peak sales periods of Covid lockdowns age out of the comparisons. Sales for the month of December, after the first half of the company’s fiscal year, were "in line with our expectations," the company said.
The flat sales in North America weren’t far off the trend worldwide, where the company reported a sales increase of 3.4% at constant currency to £199.1 million, or about $240 million, in the six-month period.
While margins decayed somewhat due to increased costs, the company remains highly profitable, netting £66.5 million (about $80 million) for the period, down from £71.2 million in the same six months of 2021.
With Their Latest Round of Banned and Restricted List Updates
December 4, 2023
Wizards of the Coast updated their banned and restricted lists for Magic: The Gathering on December 4, 2023.