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Card Factory ( (GB:CARD) ) has shared an update.
Card Factory announced a trading update showing a 6.2% increase in total sales for the eleven months ended December 2024, driven by strong store revenue growth and the expansion of gift ranges. Despite a decline in online sales, the company maintained expectations for full-year adjusted profit before tax, leveraging productivity and efficiency programs. Looking ahead, the company aims to counteract cost inflation from wage and tax changes through strategic initiatives while continuing to invest in growth.
More about Card Factory
Card Factory plc is the UK’s leading specialist retailer of greeting cards, gifts, and celebration essentials. The company focuses on providing value and quality products across its store network and online platforms, catering to a wide market for personal and celebratory occasions.
YTD Price Performance: -7.26%
Average Trading Volume: 2,311,644
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £318.4M
Learn more about CARD stock on TipRanks’ Stock Analysis page.