The Works has delivered what it described as a resilient performance in the year to 30 April with total sales increasing by 6.1% to £316.6 million.
During the period, the value retailer of arts, crafts, toys, books and stationery posted a 7.5% uplift in store sales, which represented 88.8% of total sales. However, online sales declined by 15% which meant there was overall like-for-like sales growth of 4.2%.
The retailer expects to report an adjusted EBITDA of £9 million for the year which is in line with market expectations.
