Games Workshop Stock Market Watch July 2023

by | Aug 24, 2023

Watching stocks over the short-term is often an experiment in futility. On July 21th 2023 we looked back at the state of Games Workshop’s stock and financial health, and today we do the same.

In July 2023, the world markets started to look markedly more positive as global inflation continued to drop, along with the dollar reaching new lows, which helped with the cost of goods. In the case of Games Workshop, however, it was the release of their Annual Report and associated dividend.

Now, let us see how that news helped the stock…

 

As Games Workshop previewed in June, the annual report came in with record revenue. Now, with the actual report available, investors could delve in and take a closer look inside.

Thanks to the dividend, we can assess the year-to-date performance of the stock.

The stock is up another 10% for the year and is now only down 10% from its all-time highs in August 2021. This could end up being the high point for the year as it becomes harder to maintain these profits and revenues, especially with the lukewarm release of the 10th edition Warhammer 40k and Hollywood strikes preventing any finalization of Amazon IP deals.

Here is the investor news for Games Workshop, July 2023…

 
 
 
 
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