Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCard Factory Share News (CARD)

Share Price Information for Card Factory (CARD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 92.40
Bid: 91.20
Ask: 91.80
Change: 0.00 (0.00%)
Spread: 0.60 (0.658%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 92.40
CARD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Card Factory Confident Ahead Of Christmas As Growth Speeds Up

Thu, 14th Nov 2019 08:56

(Alliance News) - Card Factory PLC on Thursday reported a "robust" sales performance, with growth accelerating from the year before.

Revenue growth in the nine months to October 31 was 5.0% on the year before, with the prior year period achieved 3.4% growth. Like-for-like growth was 0.9%, compared to flat a year before.

The Wakefield, Yorkshire-based greeting card and gift retailer's online business delivered 22% revenue growth for the period, well down from 71% a year before, the latter of which Card Factory described as a "strong performance".

Card Factory is planning on launching a new platform and website later in 2019. Third-quarter online sales grew by 16%.

The company said it continues to face external cost pressures such as the UK's national living wage, while year-to-date performance has also been hit by storage costs. Card Factory expects these to ease in its next financial year.

"I am pleased with our year-to-date performance. Our ongoing focus on customer experience, and the quality and range of our card and complementary non-card products, has led to an increased average spend both in stores and online. This has helped us to substantially offset the effect of the lower high street footfall experienced in the quarter and the corresponding impact on our like-for-like sales," commented Chief Executive Karen Hubbard.

"We remain on track with our new store roll out and are focused on pursuing other new growth opportunities and retail partnerships to extend our market penetration in the UK and overseas."

"Our quality/value proposition and new product ranges give us confidence that we are well positioned to deliver a good performance in our key fourth-quarter trading period. The board anticipates profit for the full year to be broadly in line with its previous expectations," she continued.

Shares were 0.6% lower on Thursday morning in London at 154.05 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

More News
16 Jan 2024 09:25

SMALL-CAP WINNERS & LOSERS: Card Factory falls despite Christmas boost

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
16 Jan 2024 09:13

Card Factory says strong Christmas period boosts sales

(Alliance News) - Card Factory PLC on Tuesday said 2023 pretax profit is expected to be at the top of the range of market expectations amid "positive momentum" across the business.

Read more
16 Jan 2024 09:00

Card Factory FY pre-tax profits seen at top end of consensus

(Sharecast News) - Greeting cards retailer Card Factory said on Tuesday that full-year adjusted pre-tax profits were expected to be at the top of market expectations as a result of "positive momentum" across the business.

Read more
16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

Read more
27 Sep 2023 09:17

LONDON BROKER RATINGS: Jefferies cuts Derwent, British Land, GPE

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
26 Sep 2023 16:54

LONDON MARKET CLOSE: Stocks suffer on US government shutdown fear

(Alliance News) - London's FTSE 100 outperformed on a day of wider risk aversion for global markets, with US government shutdown fears keeping a lid on enthusiasm.

Read more
26 Sep 2023 12:22

LONDON MARKET MIDDAY: FTSE 100 flat as markets remain on edge

(Alliance News) - The FTSE 100 was largely unmoved midday Tuesday, while European peers declined, as troubling developments in the world's two largest economies kept the market in a risk-off mood.

Read more
26 Sep 2023 10:47

Card Factory half-year profit rises as focus turns to Christmas period

(Alliance News) - Card Factory PLC on Tuesday posted interim earnings growth and said it is confident of meeting expectations for the full-year, despite grappling with a "challenging economic backdrop" in the run-up to the key Christmas period.

Read more
26 Sep 2023 09:52

SMALL-CAP WINNERS & LOSERS: MGC Pharma drops on restructuring plan

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
26 Sep 2023 09:18

Card Factory posts jump in profits but warns of 'challenging' run-up to Christmas

(Sharecast News) - Card Factory shares slumped on Tuesday as the retailer posted a jump in first-half revenues and profits but warned of a "challenging" economic backdrop in the run-up to Christmas.

Read more
19 Sep 2023 15:52

UK earnings, trading statements calendar - next 7 days

Wednesday 20 September 
Advanced Medical Solutions Group PLCHalf Year Results
ASA International Group PLCHalf Year Results
Destiny Pharma PLCHalf Year Results
Dunelm Group PLCTrading Statement
Epwin Group PLCHalf Year Results
Galliford Try Holdings PLCFull Year Results
GENinCode PLCHalf Year Results
HydrogenOne Capital Growth PLCHalf Year Results
Judges Scientific PLCHalf Year Results
LBG Media PLCHalf Year Results
M&G PLCHalf Year Results
Oxford Biomedica PLCHalf Year Results
PYX Resources LtdHalf Year Results
Round Hill Music Royalty Fund LtdHalf Year Results
Supermarket Income REIT PLCFull Year Results
Ten Entertainment Group PLCHalf Year Results
Warpaint London PLCHalf Year Results
Thursday 21 September 
Aquis Exchange PLCHalf Year Results
Chesnara PLCHalf Year Results
City Pub Group PLCHalf Year Results
Corero Network Security PLCHalf Year Results
CVS Group PLCFull Year Results
DFS Furniture PLCFull Year Results
Halma PLCTrading Statement
Investec PLC and LtdTrading Statement
James Fisher & Sons PLCHalf Year Results
JD Sports Fashion PLCHalf Year Results
Life Science REIT PLCHalf Year Results
Next PLCHalf Year Results
Octopus Renewables Infrastructure Trust PLCHalf Year Results
Sondrel Holdings PLCHalf Year Results
SSP Group PLCTrading Statement
Strix Group PLCHalf Year Results
Friday 22 September 
Ascential PLCHalf Year Results
Ergomed PLCHalf Year Results
First Tin PLCHalf Year Results
t42 IoT Tracking Solutions PLCHalf Year Results
t42 IoT Tracking Solutions PLCTrading Statement
Monday 25 September 
Alphawave IP Group PLCHalf Year Results
Devolver Digital IncHalf Year Results
Dialight PLCHalf Year Results
Getech Group PLCHalf Year Results
Ondine Biomedical IncHalf Year Results
Real Estate Investors PLCHalf Year Results
SpaceandPeople PLCHalf Year Results
Spectra Systems CorpHalf Year Results
Transense Technologies PLCFull Year Results
Venture Life Group PLCHalf Year Results
Wilmington PLCFull Year Results
Tuesday 26 September 
Alliance Pharma PLCHalf Year Results
AG Barr PLCHalf Year Results
Animalcare Group PLCHalf Year Results
Asos PLCTrading Statement
Boku IncHalf Year Results
Card Factory PLCHalf Year Results
Cambridge Cognition Holdings PLCHalf Year Results
Close Brothers Group PLCFull Year Results
Diaceutics PLCHalf Year Results
DigitalBox PLCHalf Year Results
Dillistone Group PLCHalf Year Results
EKF Diagnostics Holdings PLCHalf Year Results
Ferguson PLCFull Year Results
Finsbury Food Group PLCFull Year Results
IQGeo Group PLCHalf Year Results
Learning Technologies Group PLCHalf Year Results
LifeSafe Holdings PLCHalf Year Results
Mission Group PLCHalf Year Results
Mortgage Advice Bureau Holdings PLCHalf Year Results
NAHL Group PLCHalf Year Results
Next 15 Group PLCHalf Year Results
Newmark Security PLCFull Year Results
NIOX Group PLCHalf Year Results
Origin Enterprises PLCFull Year Results
PZ Cussons PLCFull Year Results
Safestay PLCHalf Year Results
Smiths Group PLCFull Year Results
Time Finance PLCFull Year Results
tinyBuild IncHalf Year Results
Wentworth Resources PLCHalf Year Results
Yu Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
21 Aug 2023 09:24

LONDON BROKER RATINGS: Jefferies raises HSBC price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
18 Aug 2023 11:51

LONDON MARKET MIDDAY: Retailers hit by slump in UK sales

(Alliance News) - Stock prices in London were lower at midday Friday, as UK retailers were hit by worse than expected sales in July.

Read more
7 Aug 2023 16:52

LONDON MARKET CLOSE: Downbeat start to inflation-focused week

(Alliance News) - Stocks in London closed in the red on Monday, with markets bracing for latest inflation figures from the world's two largest economies in the week ahead.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.