UK's Games Workshop drops as licensing revenue slumps, tariff costs loom
28/07/2026 08:43
BUZZ-UK's Games Workshop drops as licensing revenue slumps, tariff costs loom ** Shares of British miniature wargames maker Games Workshop GAW.L fall 6.9% to £188.2
** Stock top loser across the FTSE 100 index .FTSE
** Licensing revenue falls 37% in the fiscal year ended May 2026, while licensing operating profit declines 40%
** Company expects to pay about £13 mln ($17.29 mln) in new U.S. tariffs in 2026/27
** Says higher plastic inventories will temporarily increase raw material stock by about £2 million, while its no-hedging treasury policy leaves it exposed to price fluctuations
** As of last close, GAW up about 6.9% YTD
($1 = 0.7519 pounds)
(Reporting by Atharva Singh in Bengaluru)