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Card Factory PLC (CARDC.L)

CARDC.L on London Stock Exchange

156.30GBp
9 Dec 2019
Change (% chg)

-1.50 (-0.95%)
Prev Close
157.80
Open
157.30
Day's High
159.70
Day's Low
155.90
Volume
681,854
Avg. Vol
539,808
52-wk High
210.00
52-wk Low
145.20

Latest Key Developments (Source: Significant Developments)

Card Factory Expects FY Profits To Be Broadly In Line With Previous Expectations
Thursday, 14 Nov 2019 

Nov 14 (Reuters) - Card Factory PLC ::TRADING STATEMENT.ON TRACK TO DELIVER APPROXIMATELY 50 NET NEW UK AND REPUBLIC OF IRELAND OPENINGS IN FULL YEAR.YEAR-TO-31 OCTOBER 2019 ("YTD") GROUP REVENUE GROWTH OF +5.0% (2019: +3.4%).BOARD ANTICIPATES PROFITS FOR FULL YEAR TO BE BROADLY IN LINE WITH ITS PREVIOUS EXPECTATIONS.OVERALL YTD CARD FACTORY LIKE-FOR-LIKE ("LFL") SALES OF +0.9% (2019: 0.0%).CONTINUED STORE ROLL OUT DRIVING ADDITIONAL REVENUE GROWTH WITH TWELVE NET NEW STORES OPENED IN QUARTER.38 NET NEW UK AND REPUBLIC OF IRELAND STORES OPENED YTD.ON TRACK TO DELIVER APPROXIMATELY 50 NET NEW UK AND REPUBLIC OF IRELAND OPENINGS IN FULL YEAR.CARD FACTORY WEBSITE DELIVERED YTD REVENUE GROWTH OF +21.9%, AGAINST A STRONG PRIOR YEAR PERFORMANCE (2019: +70.9%).BOARD ANTICIPATES PROFITS FOR FULL YEAR TO BE BROADLY IN LINE WITH ITS PREVIOUS EXPECTATIONS.CARDFACTORY.CO.UK GROWTH AND STEADY SALES IN A CHALLENGING UK HIGH STREET ENVIRONMENT DURING PERIOD.LFL SALES WERE IMPACTED BY WEAKER FOOTFALL IN QUARTER AND DECLINED -0.4%.CARDFACTORY.CO.UK SALES GREW +16.2% IN Q3 AGAINST A TOUGHER PRIOR YEAR COMPARATIVE.OUR NEW PLATFORM AND WEBSITE IS EXPECTED TO LAUNCH LATER THIS YEAR."WELL POSITIONED TO DELIVER A GOOD PERFORMANCE IN OUR KEY Q4 TRADING PERIOD".OVERALL CARD FACTORY LFL PERFORMANCE FOR Q3 WAS -0.3%.BUSINESS CONTINUES TO FACE EXTERNAL COST PRESSURES LIKE NATIONAL LIVING WAGE; YTD PERFORMANCE ALSO IMPACTED BY INCREASED STORAGE COSTS."HAS A SOLID PIPELINE OF NEW STORE OPPORTUNITIES FOR NEXT FY".  Full Article

St. James's Place Group Of Companies Discloses A Stake Of 4.9% In Card Factory As Of June 5 - Filing
Friday, 7 Jun 2019 

June 7 (Reuters) - Card Factory PLC ::ST. JAMES'S PLACE PLC GROUP OF COMPANIES DISCLOSES A STAKE OF 4.9% IN CARD FACTORY AS OF JUNE 5 - FILING.  Full Article

Woodford Investment Management Cuts Stake To Less Than 5% From 8.94% In Card Factory - Filing
Thursday, 6 Jun 2019 

June 6 (Reuters) - Card Factory PLC ::WOODFORD INVESTMENT MANAGEMENT CUTS STAKE TO LESS THAN 5% FROM 8.94% IN CARD FACTORY - FILING.  Full Article

Card Factory Expects FY LFL Sales To Be Marginally Positive
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Card Factory PLC ::TRADING STATEMENT.Q1 TOTAL GROUP SALES GROWTH OF +6.4%.POSITIVE LIKE-FOR-LIKE SALES PERFORMANCE IN A CHALLENGING CONSUMER ENVIRONMENT.BOARD'S EXPECTATIONS FOR FULL FINANCIAL YEAR REMAIN UNCHANGED.Q1 CARD FACTORY LIKE-FOR-LIKE SALES +2.3%.HAS SEEN A POSITIVE START TO YEAR.REMAIN ON TRACK TO OPEN APPROXIMATELY 50 NET NEW STORES IN CURRENT FINANCIAL YEAR.EXPECTS LFL SALES FOR YEAR TO BE MARGINALLY POSITIVE.TRADING AT GETTING PERSONAL CONTINUED TO BE IMPACTED BY MARKET ENVIRONMENT OF HEAVY DISCOUNTING & INCREASING CUSTOMER ACQUISITION COST.  Full Article

Woodford Investment Management Cuts Stake To 8.94% From 10.06% In Card Factory
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Card Factory PLC ::WOODFORD INVESTMENT MANAGEMENT CUTS STAKE TO 8.94% FROM 10.06% IN CARD FACTORY PLC - FILING.  Full Article

Card Factory Says FY Underlying EBITDA Forecast Unchanged
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Card Factory PLC ::TRADING STATEMENT.BOARD'S UNDERLYING EBITDA EXPECTATIONS FOR FULL FINANCIAL YEAR REMAIN UNCHANGED AT £89M - £91M.YEAR-TO-DATE GROUP REVENUE GROWTH OF +3.4% (2018: +6.7%).YTD CARD FACTORY LIKE-FOR-LIKE SALES OF 0.0% (2018: +3.5%).BUSINESS REMAINS ON TRACK TO DELIVER APPROXIMATELY 50 NET NEW UK STORES IN CURRENT FINANCIAL YEAR.BUSINESS FACES REDUCED, BUT ONGOING, EXTERNAL COST PRESSURES SUCH AS NATIONAL LIVING WAGE, FOREX-RELATED INPUT COST INCREASES.ALSO REMAIN POSITIVE ABOUT GROWTH PROSPECTS FOR BUSINESS OVER MEDIUM TERM.FOREIGN EXCHANGE-RELATED INPUT COST INCREASES IS EXPECTED TO EASE IN FY20.  Full Article

Card Factory Qtrly Like-For-Like Sales Down 0.4%
Thursday, 31 May 2018 

May 31 (Reuters) - Card Factory PLC ::Q1 GROUP SALES GROWTH OF +3.0%.BOARD'S EXPECTATIONS FOR FULL FINANCIAL YEAR UNCHANGED.REVENUES FROM CARDFACTORY.CO.UK CONTINUE TO GROW STRONGLY FOLLOWING A SUCCESSFUL Q1.CARD FACTORY - TRADING PERFORMANCE AT GETTING PERSONAL HAS DISAPPOINTING, FACED WITH MARKET ENVIRONMENT OF HEAVY DISCOUNTING AND INCREASING CUSTOMER ACQUISITION COST.QTRLY LIKE-FOR-LIKE ("LFL") SALES -0.4%, AGAINST STRONG COMPARATIVES AND IN A TOUGH RETAIL ENVIRONMENT.  Full Article

Card Factory Expects To Declare Special Dividend of 5-10 pence/shr
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Card Factory PLC ::FY REVENUE AT 422.1 MILLION STG VERSUS 398.2 MILLION STG A YEAR AGO.FY UNDERLYING EBITDA £94.0 MILLION VERSUS £98.5 MILLION.FY CARD FACTORY LIKE FOR LIKE AT+2.9% PERCENT VERSUS +0.6 PERCENT REPORTED A YEAR AGO.SPECIAL DIVIDEND OF 15P PER SHARE PAID IN DECEMBER 2017 (FY17: 15P), A RETURN OF £51.2M TO SHAREHOLDERS.FY PROFIT BEFORE TAX £72.6 MILLION VERSUS £82.8 MILLION.FINAL DIVIDEND PER SHARE INCREASED BY 1.6% TO 6.4P.FURTHER BUSINESS EFFICIENCIES IDENTIFIED FOR FY19, TO PROVIDE PARTIAL MITIGATION HEADWINDS.50 NET NEW STORES OPENED IN PERIOD, BRINGING TOTAL UK ESTATE TO 915.FOREIGN EXCHANGE AND NATIONAL LIVING WAGE HEADWINDS EXPECTED TO EASE IN FY20."CURRENTLY EXPECT TO DECLARE ANOTHER SPECIAL DIVIDEND WITH HALF YEAR RESULTS IN RANGE OF 5-10P PER ORDINARY SHARE".  Full Article

Card Factory says ‍total year-to-date sales growth of 5.9 pct​
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Card Factory Plc ::‍TOTAL YEAR-TO-DATE SALES GROWTH OF 5.9% (11 MONTHS ENDED 31 DECEMBER 2016: +4.3%)​.‍YEAR-TO-DATE LIKE-FOR-LIKE STORE SALES GROWTH OF 2.7%​.‍EXPECTED UNDERLYING EBITDA FOR YEAR TO BE IN RANGE £93.0-£95.0M​.‍ANTICIPATE THAT COMBINED IMPACT OF FOREIGN EXCHANGE AND WAGE INFLATION IN FY19 WILL RESULT IN £7-8M OF ADDITIONAL COSTS​.  Full Article