Re:Games Workshop and the big ambition of a miniatures business
by Retric on Sunday January 19, 2025 @07:53AM
(#42756561)
In that context Mattel is the kind of selling molded plastic.
Re:Games Workshop and the big ambition of a miniatures business
by Zironic on Sunday January 19, 2025 @02:37PM
(#42760863)
To illustrate how crazy good Games Workshop are at what they do. Mattel has 10x the revenue of Games Workshop but both companies pull in the same net income.
They're both plastic companies at their core, but GW have margins that Mattel could only dream of.
The battlefield simulation is only a means to an end of convincing consumers to buy high margin plastic.