Better than expected full year Manageable tariff impact Further sales growth expected Fantasy miniatures maker Games Workshop (GAW) worked its magic once more by revealing full year sales and profit ahead of May's trading update, notching up a record year for the business. Investors generally prefer companies to under promise and over deliver, so it is not surprising to see the shares gain...

This feature looks at the increasing trend for companies to present adjusted financial figures and/or APM (alternative performance measures) and asks whether it may say something about the companies themselves. For example, do companies which provide unadjusted numbers make better long-term investments? Fund manager David Beggs at Sanford DeLand believes that may be the case, telling Shares:...

The Nasdaq 100 index has been one of the best performing indices of the last 25 years, returning 8.8% since January 2000. To put that in pounds and pence, £10,000 invested in the index would now be worth £84,473, even throwing some shade on the broader US stock market in the form of the S&P 500, which is itself no slouch on the performance front. The Nasdaq 100 index is comprised of the...

It's been a fabulous year for Games Workshop (GAW), the fantasy games and miniatures maker that has delivered a string of good news around earnings and enjoyed promotion to the ranks of the FTSE 100. But the shares slipped on 23 May after the Nottingham-based company warned it doesn't see the record levels of licensing revenue generated in the current financial year repeating in the new one....

London's blue chip index closed down again on Friday as Trump threatened a 50% tariff on the EU, accusing the bloc of being 'difficult', but noted that his deal with the UK is progressing well. Also, Trump wrote on his Truth Social platform: 'Our negotiated deal with the UK is working out well...I strongly recommend to them, however, that in order to get their Energy Costs down, they stop with...

Earnings guidance upgraded again 26% pre-tax profit surge Licensing gains won't be matched next year It's been a fabulous year for Games Workshop (GAW), the fantasy games and miniatures maker that has delivered a string of good news around earnings and enjoyed promotion to the ranks of the FTSE 100. But the shares slipped 4.2% lower to £152 in early dealings on 23 May after the...

According to the latest Dividend Monitor report from Computershare, which looks after the share registers of 900 companies, total UK corporate dividend payments fell 4.6% or £700 million in the first quarter of this year to £14 billion. The decline was mainly due to lower one-off special dividends and a handful of large cuts from firms such as Burberry (BRBY) and Vodafone (VOD), which halved...

These days it seems as though every company and their dog are buying back shares, if the morning flood of RNS (regulatory news service) announcements is anything to go by. Out of 300-odd news stories each day from 7am, by our reckoning over a third are 'transaction in own shares'. Although it remains to be seen whether that trend will continue in the face of market turbulence. Notably Tesco...

If you have ever wondered why some companies split their shares into smaller chunks, this article is for you. In essence share splits do not make any meaningful difference to the fundamentals of a company.It is the equivalent of cutting the same pizza into more pieces.This is why there is some scepticism around companies undertaking a share split. It could be interpreted as management...

Games Workshop (GAW) £144.80Gain to date: 21%At the end of October 2024, we identified the potential for shares in fantasy games and miniatures maker Games Workshop (GAW) to break new ground, driven by the next growth phase of its business, after the post-pandemic pause.We were encouraged by analyst upgrades to 2026 earnings estimates which we believed could mark the start of a new upward...

Just over five years ago the stock market began to react in earnest to news of the Covid pandemic.The sell-off was short and sharp, with a modest recovery from the lows in the spring followed by sharper gains in November 2020 after AstraZeneca (AZN) made a vaccine breakthrough.However, a large number of UK stocks are still trading below the levels they were at by the close of trading on 21...

Full year profit ahead of expectationsStrong trading across core business and licensingBuilds on strong first halfFantasy games and miniatures retailer Games Workshop (GAW) rolled the equivalent of double-six on Wednesday (5 March) after confidently forecasting full year pre-tax profit to the end of May will be ahead of expectations.The shares jumped as much as 8% to top the FTSE 100, notching...

Stock prices in London, Paris and Frankfurt opened mostly in the green on Wednesday, amid a slew of purchasing managers indices data, as investors await the US ADP report.'Today, investors will watch the US ADP report, and PMI, ISM numbers from both sides of the Atlantic Ocean,' said Swissquote's Ipek Ozkardeskaya. 'While the European investors could brush off bad news on expectation that the...

Stock prices in London, Paris and Frankfurt were in the green on Tuesday morning, as housebuilders in the UK enjoyed a boost after giving trading updates.'Markets' sensitivity to major economic data will likely rise as policy uncertainties mount and appetite weakens,' commented Swissquote's Ipek Ozkardeskaya. 'Due today, the US will release its latest PPI numbers, and the headline PPI may have...

UK high street enduringLow ticket leisure a winnerValue retail showing resilienceMany have sounded the death knell for the UK high street, notably during the Covid crisis as retail trends shifted towards online shopping. Yet, the high street has endured amid the consumer's persistent demand for physical retail.And despite many high street stocks successfully adapting to this evolving retail...

Games Workshop (GAW) £139.20Gain to date: 16.5%We (once again) flagged the attractions of fantasy miniatures outfit Games Workshop (GAW) in October, arguing the company had rediscovered its growth mojo and was set to leave the logistics problems it endured during the pandemic behind it. WHAT HAS HAPPENED SINCE WE SAID TO BUY?It may have been a little more than a month since we added Games...

Creative guidelines agreed with AmazonFilm and TV series years awayFull-year guidance reiteratedAs expected, fantasy miniatures maker Games Workshop (GAW) has provided an update on its agreement with Amazon (AMZN:NASDAQ) to produce films and television series based on the Warhammer 40,000 universe.As usual Games Workshop has provided the bare minimum in terms of commentary and detail.Having...

Baillie Gifford UK Growth Trust (BGUK) 180pMarket cap: £251 millionWhile 2024 has been a reasonable year for growth investors generally, for those looking just at the UK it has still required patience and a need to stay focused on the fundamentals.As Baillie Gifford director James Budden put it at the firm's latest private investor forum, inflation, rising interest rates and geopolitics have...

Quarterly index changes this weekThree new names to join FTSE 100Four new stocks to join FTSE 250This Wednesday, FTSE Russell ? part of the London Stock Exchange Group (LSEG) ? will announce the results of its latest quarterly index review.This includes potential changes to the FTSE 100, FTSE 250 and FTSE Small-Cap indices which will become effective from the start of trading on 23...

Trading ahead of expectationsBig jump in royalty incomeAmazon tie-up news imminentIn an unscheduled update, fantasy miniatures maker Games Workshop (GAW) said trading since 8 September is tracking ahead of expectations and provided new financial estimates for the half year to 1 December.The news was well received with the shares jumping as much as 15% to a new all-time high of £136.5, taking...