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Hobbycraft profits plummet 80%

The group opened seven new stores during the period in Canterbury, Glasgow, Lakeside, Maidenhead, Poole, Southport and Wigan, taking the total number of stores to 119

Hobbycraft has reported an 80% drop in profits to £393,000, down from £2m the previous year, for the 52 weeks ended 18 February 2024.

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