TheWorks.Co.Uk (WRKS)

Sector:

Retailers

Index:

FTSE AIM All-Share

 20.90p
   
  • Change Today:
      0.000p
  • 52 Week High: 28.75p
  • 52 Week Low: 20.90p
  • Currency: UK Pounds
  • Shares Issued: 125.00m
  • Volume: 0
  • Market Cap: £26.13m
  • RiskGrade: 389
  • Beta: 0.50

The Works hit by cyber attack, closes some stores

By Michele Maatouk

Date: Tuesday 05 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Stationery and craft supplies retailer The Works said on Tuesday that it has been forced to close some of its stores after a cyber attack involving its computer systems, but insisted customer data had not been compromised.
The company said there has been some limited disruption to trading and business operations, including the closure of some stores due to till issues. Replenishment deliveries to stores were suspended temporarily and the normal delivery window for the fulfilment of online orders was extended. However, store deliveries are expected to resume imminently and the normal online service levels are progressively being reintroduced.

The Works said customers can continue to shop safely both in store and online. It noted that all debit and credit card payment data are processed securely via accredited third-party networks, meaning there is no risk that payment data has been accessed improperly.

The retailer said it does not currently expect the incident to have a material adverse impact on its forecasts or financial position.

As a precautionary measure, it has disabled all internal and external access to its systems, including email, while it works with its advisors to evaluate and rectify the situation. The company has also appointed external forensic cyber security experts and made some immediate protective changes to further strengthen its security position.

"Whilst payment data has not been compromised, it has not yet been possible to establish the full extent to which any other data may have been affected," it said. "Therefore, as a precautionary measure, we have informed the Information Commissioner's Office."

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TheWorks.Co.Uk Market Data

Currency UK Pounds
Share Price 20.90p
Change Today 0.000p
% Change 0.00 %
52 Week High 28.75p
52 Week Low 20.90p
Volume 0
Shares Issued 125.00m
Market Cap £26.13m
Beta 0.50
RiskGrade 389

TheWorks.Co.Uk Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.34% above the market average48.34% above the market average48.34% above the market average48.34% above the market average48.34% above the market average
70.73% above the sector average70.73% above the sector average70.73% above the sector average70.73% above the sector average70.73% above the sector average
Price Trend
55.18% below the market average55.18% below the market average55.18% below the market average55.18% below the market average55.18% below the market average
52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average
Income Not Available
Growth
93.62% below the market average93.62% below the market average93.62% below the market average93.62% below the market average93.62% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TheWorks.Co.Uk Dividends

  Latest Previous
  Final Final
Ex-Div 05-Oct-23 03-Nov-22
Paid 02-Nov-23 24-Nov-22
Amount 1.60p 2.40p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

TheWorks.Co.Uk Key Personnel

CEO Gavin Peck
CFO Rosie Fordham

Top of Page