Double Digit a Day
Games Workshop stock jumped +10% upwards yesterday after the company reported much better that expected quarterly numbers. Revenue rose +15% YoY and earnings skyrocketed more than +40% vs last year, with a profit before tax of 57 million GBP.
Longterm trend intact
If we look at the longer term there’s a clear trend visible. YTD the stock is up +30% and within the last five years we saw an upside of around +200%. That’s awesome returns above market average.
The Hobby around the small miniatures, that people can paint and play strategy table top games with, is still captivating for many people around the world. The company operates in all major markets like Europe, US and Asia Pacific. There’s even a cooperation with Amazon Prime to do a series about the Warhammer 40k universe. Future seems more than promising and the stock is almost back to its ATH.
My position grows
For me this company is both a promising investment and connected to a hobby I did a lot when I was younger. My position is growing since I am DCA a bit every month. They pay a decent dividend and it’s an exposure in Gaming but not the classic video games.
Do you follow Games Workshop and the Hobby or even invested in the company?
