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  2. Share Prices
  3. Card Factory Share Price
  4. Card Factory Share News
  5. Card Factory sales fall 0.5% over Xmas; says 2020 will be 'difficult'

Pin to quick picksCard Factory Share News (CARD)

Card Factory Information

Share Price Information for Card Factory (CARD)

London Stock Exchange
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Share Price: 109.40
Bid: 109.20
Ask: 110.00
Change: 8.80 (8.75%)
Spread: 0.80 (0.733%)
Open: 103.80
High: 112.00
Low: 103.80
Prev. Close: 100.60
CARD Live PriceLast checked at -

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Card Factory sales fall 0.5% over Xmas; says 2020 will be 'difficult'

Thu, 10th Jan 2019 07:31

(Sharecast News) - Greeting card retailer Card Factory said like-for-like sales over Christmas fell 0.5%, reflecting continuing weakness in consumer demand, as it warned 2020 would be "another difficult year".The company said expectations for underlying earnings before interest, tax, depreciation and amortisation (EBITDA) for the current full year remained unchanged at £89m - £91m.It added that its anticipated foreign exchange headwinds should dissipate in full year 2020, adding that it expected EBITDA to be broadly flat, based on limited sales growth."We continue to mitigate a large proportion of expected cost challenges, including National Living Wage and electricity wholesale prices, which will result in £5m-6m of additional costs," the company said.Online sales continued to grow strongly, up 59.1% in the 11 months to December 31, offsetting weaker footfall on the high street to bring in flat year-to-date like-for-like sales.The company said it opened 51 net new UK stores plus one new store in Republic of Ireland, bringing the total estate to 973 stores at December 31, including seven trial stores in Republic of Ireland.The Getting Personal division continued to face a market environment "defined by heavy discounting and increasing cost of customer acquisition", Card Factory said."The business is focused on delivering profitable sales via lower cost acquisition channels and continues to be a profitable contributor to the group."Chief executive Karen Hubbard said despite the lower high street footfall Card Factory "performed robustly in this competitive trading period"."As a result, like-for-like store sales have remained consistent and in line with our quarter three update in November," she said."Although the group has faced significant cost pressures in the year, these have reduced and we have been able to take mitigating action to maintain robust gross margins.""Whilst we expect ongoing challenges from the consumer and macro backdrop, we continue to lead the market with our proposition, underpinned by our ongoing investment in our unique vertically integrated model which provides our business with significant competitive advantages."
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EARNINGS AND TRADING: Card Factory profit climbs; Pebble "consistent"

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SMALL-CAP WINNERS & LOSERS: Petrofac plunges again; Card Factory up

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LONDON MARKET OPEN: HSBC and Prudential bookend FTSE 100

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Card Factory profits jump, dividends reinstated

(Sharecast News) - Card Factory shot higher on Tuesday as it said it was resuming dividend payments and posted a jump in full-year profits.

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23 Apr 2024 14:26

UK earnings, trading statements calendar - next 7 days

Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Quilter PLCQ1 Results
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Dillistone Group PLCFull Year Results
Focusrite PLCHalf Year Results
Gem Diamonds LtdTrading Statement
Hikma Pharmaceuticals PLCTrading Statement
Hummingbird Resources PLCTrading Statement
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
Pinewood Technologies Group PLCFull Year Results
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
Friday 26 April 
Facilities by ADF PLCFull Year Results
Kingspan Group PLCTrading Statement
NatWest Group PLC Q1 Results
Pearson PLCTrading Statement
Record PLCTrading Statement
Smurfit Kappa Group PLCTrading Statement
Taylor Maritime Investments LtdTrading Statement
Monday 29 April 
Beazley PLCTrading Statement
Biome Technologies PLCFull Year Results
Christie Group PLCFull Year Results
Gresham Technologies PLCFull Year Results
Jadestone Energy PLCFull Year Results
Oxford BioMedica PLCFull Year Results
SpaceandPeople PLCFull Year Results
Tuesday 30 April 
Avacta Group PLCFull Year Results
Card Factory PLCFull Year Results
Capital & Regional PLCFull Year Results
Coca-Cola HBC AGTrading Statement
Elementis PLCTrading Statement
essensys PLCHalf Year Results
Fadel Partners IncFull Year Results
Glencore PLCTrading Statement
Hargreaves Lansdown PLC Trading Statement
Howden Joinery PLCTrading Statement
HSBC Holdings PLCQ1 Results
Kelso Group PLCFull Year Results
Northcoders Group PLCFull Year Results
Phoenix Spree Deutschland LtdFull Year Results
RBG Holdings PLCFull Year Results
Rotork PLCTrading Statement
Safestore Holdings PLCHalf Year Results
Shield Therapeutics PLCFull Year Results
St James's Place PLCTrading Statement
Whitbread PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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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.

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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:

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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.

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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.

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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.

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27 Sep 2023 09:17

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

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LONDON MARKET CLOSE: Stocks suffer on US government shutdown fear

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

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

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