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Card Factory PLC (CARDC.L)

CARDC.L on London Stock Exchange

196.90GBp
12:04pm EDT
Change (% chg)

-1.80 (-0.91%)
Prev Close
198.70
Open
197.40
Day's High
199.90
Day's Low
195.10
Volume
891,333
Avg. Vol
943,253
52-wk High
358.80
52-wk Low
184.23

Latest Key Developments (Source: Significant Developments)

Card Factory Qtrly Like-For-Like Sales Down 0.4%
Thursday, 31 May 2018 02:00am EDT 

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 02:01am EDT 

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 02:00am EST 

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 02:06am EST 

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 HY pretax profit down 14.1 pct to 23.2 mln pounds
Tuesday, 26 Sep 2017 02:00am EDT 

Sept 26 (Reuters) - CARD FACTORY PLC ::HY REVENUE GROWTH OF +6.1% (+6.7% ON AN EQUIVALENT NUMBER OF TRADING DAYS).SPECIAL DIVIDEND OF 15 PENCE PER SHARE (FY17: 15 PENCE), A RETURN OF £51.2M TO SHAREHOLDERS.INTERIM DIVIDEND INCREASED BY 3.6% TO 2.9 PENCE (FY17: 2.8 PENCE).IN FIRST HALF WE OPENED 30 NET NEW UK STORES (H1 FY17: 34).REMAIN ON TRACK TO DELIVER APPROXIMATELY 50 NET NEW UK STORES IN CURRENT FINANCIAL YEAR.HY CARD FACTORY LIKE-FOR-LIKE SALES* AT +3.1%.HY REVENUE UP 6.1 PERCENT AT £179.6M.HY PROFIT BEFORE TAX DOWN 14.1 PERCENT AT £23.2M.HY OPERATING PROFIT DOWN 13.9 PERCENT AT £24.6M.TRADING IN RECENT WEEKS HAS BEEN SIMILAR TO ENCOURAGING TRENDS SEEN IN FIRST HALF.  Full Article

Card Factory says expectations for full financial year unchanged
Thursday, 10 Aug 2017 02:00am EDT 

Aug 10 (Reuters) - CARD FACTORY PLC :H1 CARD FACTORY LIKE-FOR-LIKE SALES GROWTH OF +3.1%.H1 UNDERLYING GROUP SALES GROWTH OF +6.7%.H1 TOTAL REPORTED SALES GROWTH OF +6.1%, REFLECTING IMPACT OF ONE EXTRA TRADING DAY IN PRIOR YEAR.BOARD'S EXPECTATIONS FOR FULL FINANCIAL YEAR UNCHANGED.H1 LIKE-FOR-LIKE SALES PERFORMANCE FOR CARD FACTORY STORE NETWORK WAS +3.0% (H1 FY17: -0.1%).  Full Article

Card Factory appoints Kristian Lee as chief financial officer
Thursday, 20 Apr 2017 02:29am EDT 

April 20 (Reuters) - Card Factory Plc ::Appointment of Kristian (Kris) Lee to board as chief financial officer.Lee will succeed Darren Bryant who, as announced on Jan. 26, is to retire from role after eight years with group.Lee's appointment will take effect at a date to be agreed once his departure date from Edinburgh Woollen Mill has been finalised.Lee's current employment terms include a twelve month notice period.  Full Article

Card Factory posts FY pre-tax profit of 82.8 mln pounds
Tuesday, 28 Mar 2017 02:00am EDT 

Card Factory Plc : FY revenue of 398.2 million pounds versus 381.6 million pounds year ago . FY profit before tax 82.8 million pounds versus 83.7 million pounds year ago . FY store like-for-like growth of +0.4 percent versus +2.8 percent year ago . Says final dividend per share 6.3 pence .Says co pleased with everyday like-for-like sales in year to date.  Full Article

Card Factory says CFO Darren Bryant to retire
Thursday, 26 Jan 2017 02:00am EST 

Card Factory Plc : Darren bryant that he wishes to retire from his role as chief financial officer after eight years with group .Darren has agreed to continue in his role until a successor has been identified and through a transitional period..  Full Article

Card Factory says trading for Christmas period good
Thursday, 26 Jan 2017 02:00am EST 

Card Factory Plc : A good christmas trading period, with improved like-for-like performance . A good christmas trading period against a strong prior year comparative . Like-For-Like store sales returned to growth within historic range in final quarter of financial year . Year-To-Date like-for-like store sales growth improved to +0.4% (11 months ended 31 december 2015: +2.8%) . Total year-to-date sales growth of +4.3% (11 months ended 31 december 2015: +8.1%) . 51 net new stores opened in period in line with historic and projected roll-out rate . Board is confident of delivering full year underlying profit before tax for current financial year slightly ahead of analyst consensus. . Group delivered a good level of growth in christmas period driven by a combination of like-for-like sales growth and new store roll out. . Against a strong prior year comparative, card factory stores delivered a good christmas trading performance with cumulative like-for-likes for . Including sales from cardfactory.co.uk, total card factory year-to-date like-for-like sales grew by 0.5% . Continue to target medium term sales growth of at least 10% per annum for this business. .Group continues to be highly cash generative..  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.