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Card Factory PLC (CARDC.L)

CARDC.L on London Stock Exchange

247.60GBp
19 Apr 2018
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Latest Key Developments (Source: Significant Developments)

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

Card Factory 9-month ‍total sales rise 6.7 pct​
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Card Factory Plc :9-MONTH ‍TOTAL SALES GROWTH OF +6.7 PCT (NINE MONTHS ENDED 31 OCTOBER 2016: +4.4 PCT)​.‍9-MONTH CONTINUED STORE ROLL OUT WITH 38 NET NEW UK STORES OPENED (NINE MONTHS ENDED 31 OCTOBER 2016: 46)​.  Full Article

Card Factory says Q1 underlying group sales growth was +6.1%
Thursday, 25 May 2017 

May 25 (Reuters) - Card Factory Plc ::Q1 underlying group sales growth was +6.1%.Q1 total reported sales growth of +4.9%, including impact of one extra trading day in prior year leap year.Q1 like-for-like store sales at upper end of targeted range of +1% to +3%.Q1 continued store roll out with 11 net new stores opened (Q1 FY17: 20).Says on track for target of c50 for full year.As at 30 April 2017, net debt had further reduced to £125.4m.  Full Article

Card Factory announces special dividend of 15 pence/share
Tuesday, 27 Sep 2016 

Card Factory Plc : Special dividend of 15 pence per share, reflecting group's strong cash generation . HY revenues up 4.8% to £169.2m . HY card factory like-for-like ("LFL") sales +0.2% (H1 FY16: +2.8%) . "Weakness of sterling and anticipated increases in national living wage remain most significant cost pressures on business" . Confident of delivering FY underlying profit before tax within range of analysts' current expectations of £80.9m to £83.0m . HY profit before tax growth of 7.3% to £27.6m (H1 FY16: £25.7m) . Trading in recent weeks has been similar to trends seen in first half . Remain confident of delivering full year underlying profit before tax within range of expectations .A number of additional initiatives are underway, particularly on delivering further supply chain efficiencies.  Full Article

Card Factory says on track to meet FY forecasts
Thursday, 11 Aug 2016 

Card Factory Plc : H1 total sales growth of +4.8% (h1 fy16: +8.0%) . Card factory like-for-like sales growth of +0.2% (h1 fy16: +2.8%) . Confident of delivering full year underlying profit before tax within range of analysts' current expectations.  Full Article

Card Factory says board's full-year expectations unchanged
Tuesday, 24 May 2016 

Card Factory Plc : Total sales growth of 6.5% (Q1 FY16: +7.5%) . In Q1 ended 30 April 2016, revenue increased by +6.5% (Q1 FY16: +7.5%) . Continued store roll out with 20 net new stores opened (Q1 FY16: 19) . Strong pipeline of new store opportunities for remainder of financial year .Board's expectations for full financial year unchanged.  Full Article

Shares of Card Factory plunge on lower profit forecast

Jan 11 Shares of British greeting cards retailer Card Factory were on track for their worst single day since listing after predicting lower core earnings for 2017 on tighter margins.