The Works said it is on track to meet full-year profit guidance despite a marginal dip in first-half trading.
In the 26 weeks to 2 November, total sales at the retailer edged down 0.3% to £123.8 million, while like-for-like sales rose 0.3%.
Store like-for-likes were up 4% as the business pushed ahead with its ‘Elevating The Works’ strategy, citing stronger customer-focused marketing, refreshed ranges and better in-store standards.
Online sales, which now account for less than 10% of revenue, tumbled by 36%, reflecting operational disruption linked to its transition to a new third-party fulfilment partner.
The retailer said it expects to optimise store performance through its peak trading period and remains on course to deliver full-year pre-IFRS 16 adjusted EBITDA of £11 million, in line with market expectations.
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Chief executive Gavin Peck said: “We are pleased with the progress made in the first half of FY26, having delivered a number of important strategic initiatives, a strong performance in-store and ongoing margin growth.
“Our focus on delivering screen-free activities for the whole family is resonating with customers and, notwithstanding the challenging retail backdrop and ongoing online capacity constraints, we are on track to deliver further strategic and financial progress in the remainder of the financial year and beyond.”
The Works also confirmed that Simon Hathway will step down as non-executive director in early January to take up a full-time executive director role at B&M.
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