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Theworks.Co.UK PLC Shares News & Articles

The Works tumbles 10% as investors disappointed by falling profits and dividend cut

Dividend cut as retailer prioritises profits rebuildFinance director to step downPost-Covid online performance disappointsShares in The Works (WRKS) tumbled almost 10% to 29.4p as delayed results for the year ended 30 April 2023 revealed a near-40% pre-tax profits plunge and the value retailer cut its recently-restored dividend.Investors were also rattled as the retailer revealed that finance dire
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