Card Factory tumbles as it warns over inflationary headwinds
13th Jan 2022 09:16
(Sharecast News) - Greeting card retailer Card Factory tumbled on Thursday after it warned over the impact of "significant" inflationary headwinds on EBITDA margins and said 2023 profit would come in lower than previously expected.
Read moreDirector dealings: Card Factory director makes share purchase
15th Nov 2021 15:45
(Sharecast News) - Card Factory revealed on Monday that non-executive director Nathan Lane had acquired 200,000 ordinary shares in the London-listed card and gift retailer.
Read moreCard Factory hails improvement in sales performance
8th Nov 2021 09:59
(Sharecast News) - Greeting cards retailer Card Factory reported an improvement in sales on Monday, with customers responding well to its Christmas offering.
Read moreCard Factory on track after resilient first half
28th Sep 2021 10:50
(Sharecast News) - Card Factory said on Tuesday it was "cautiously optimistic" for the second half, despite the uncertainty about the speed of the recovery, after interim numbers met expectations.
Read moreSunday share tips: Card Factory, BT Group in focus
23rd May 2021 17:37
(Sharecast News) - Writing in the Sunday Times's 'Inside the City' column, Sabah Meddings conceded that Card Factory's road to recovery could be a slow one.
Read moreCard Factory plans £70m equity raise
21st May 2021 08:05
(Sharecast News) - Card Factory announced a £225m refinancing and a plan to raise £70m in equity as the retailer reported better than expected sales after stores reopened from lockdown.
Read moreCard Factory trades ahead of expectations since reopening storefront locations
30th Apr 2021 08:17
(Sharecast News) - Greeting cards retailer Card Factory said on Friday that its trading performance following the reopening of its brick and mortar locations across the UK had exceeded expectations.
Read moreCard Factory in talks to raise funds from banks
8th Mar 2021 08:04
(Sharecast News) - Card Factory is seeking to raise new funds from its banks to get it through the pandemic, according to a report.
Read moreSunday newspaper round-up: Greensill, Card Factory, ITV
7th Mar 2021 19:49
(Sharecast News) - Steel tycoon Sanjeev Gupta owes an estimated £4 billion to stricken Australian finance house Greensill and some of the world's biggest lenders. Analysis of the industrialist's spending and borrowing spree over several years reveals that he owes more than £3 billion alone to Greensill, the business that fuelled his growth spree but is now on the brink of administration. - Sunday Times
Read moreMoonpig shares surge as trading gets underway
2nd Feb 2021 10:00
(Sharecast News) - Moonpig saw its shares surge upon its London debut, as conditional dealing in the £1.2bn flotation got underway on Tuesday.
Read moreCard Factory gets an extra month to avoid breaching banking covenants
29th Jan 2021 08:07
(Sharecast News) - Greeting cards retailer Card Factory has been given an extra month to avoid breaching its banking covenants and remains in discussions with its banks.
Read moreCard Factory appoints former Clinton Cards boss as CEO
21st Dec 2020 09:03
(Sharecast News) - Card Factory has appointed former Clinton Cards chief executive officer Darcy Willson-Rymer as its new CEO.
Read moreCard Factory swings to a half-year loss
29th Sep 2020 08:20
(Sharecast News) - Card Factory became the latest retailer to reveal a tumble into the red on Tuesday, after Covid-19 shut stores and dented trading during key periods, including Mother's Day and Easter.
Read moreMonday broker round-up
7th Sep 2020 13:36
(Sharecast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 799.0p.
Read moreCard Factory sees sales halve in wake of Covid-19 pandemic
28th Jul 2020 08:34
(Sharecast News) - Card Factory expects sales to have nearly halved in the wake of the Covid-19 pandemic, although sales since reopening began had performed ahead of expectations.
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