Card Factory sees FY profit ahead of expectations
26th Jan 2017 08:52
(ShareCast News) - Card Factory said on Thursday that it is confident of delivering full-year underlying pre-tax profit slightly ahead of analyst consensus as it reported a rise in sales for the 11 months to the end of December and announced the departure of its chief financial officer. Total sales
Read moreCard Factory's sales slow but expects Christmas boost
15th Nov 2016 07:05
(ShareCast News) - Card Factory's sales slowed in the first half of the year due to lower footfall in the retail sector, but the FTSE 250 company expects sales to strengthen as Christmas approaches. Sales growth slowed to 4.4% the nine months ended 31 October, compared the 4.8% growth in the first h
Read moreCard Factory announces special dividend, on track for FY
27th Sep 2016 08:07
(ShareCast News) - Card Factory announced a special dividend on Tuesday as it reported a rise in revenue and profit for the six months to the end of July. Pre-tax profit was up 7.3% from the first half of last year to £27.6m, on revenues of £169.2m, up 4.8%. The company upped its interim dividend b
Read moreCard Factory's H1 sales lower than normal in challenging retail environment
11th Aug 2016 08:34
(ShareCast News) - Greeting card retailer Card Factory's shares tumbled 6% on Thursday as it reported that the retail environment had been "challenging" in the first half of the year as sales were lower than normal. In a trading update for the six months ended 31 July the company reported like-for-l
Read moreMonday broker round-up
18th Jul 2016 13:20
(ShareCast News) - Experian: Barclays reiterates overweight with a target price of 1,550p. Rentokil: HSBC upgrades to hold with a 190p target. Card Factory: UBS reiterates buy with a 295p target. Capital & Regional: HSBC starts coverage at buy with a 61p target. Unilever: Goldman Sachs reiterates
Read moreLiberum downgrades Pets at Home, upgrades Supergroup post Brexit
5th Jul 2016 09:15
(ShareCast News) - Liberum revisited its stance on UK general retailers on Tuesday in light of the more uncertain outlook following the vote to leave the European Union. The brokerage said it was more cautious on the generalists, given their UK exposure and in many cases high exposure to US dollar
Read moreCard Factory sales growth slows in first quarter
24th May 2016 08:48
(ShareCast News) - Card Factory said like-for-like sales growth slowed as a reduction in footfall at it stores offset continuing growth in average spend per customer. Revenue increased by 6.5% in the quarter ending 30 April, down from the 8% growth last year and the 7.5% rate in the same period a ye
Read moreCard Factory delivers strong rise in full year profits
5th Apr 2016 07:18
(ShareCast News) - Full year pre-tax profits at greeting card maker Card Factory almost doubled to £83.7m driven by strong sales and new store openings. Revenues were up 8% to £381.6m, with sales at the Getting Personal online unit up 7.5%. Underlying earnings per share rose 17.2% to 19.1p and shar
Read moreSunday share tips: Card Factory, Direct Line, Epwin Group
3rd Apr 2016 14:33
(ShareCast News) - Shares in Card Factory are worth buying, said the Sunday Times' Inside the City column. Although its longstanding boss is about to retire and be replaced by discounter B&M's Karen Hubbard, she joins a company whose business model generates fistfuls of cash from an amazingly cheap
Read moreCard Factory looking at full year growth
26th Jan 2016 07:33
(ShareCast News) - Card Factory was looking towards a solid annual performance on Tuesday, with increased like-for-like sales growth and constant total sales growth in the 11 months to 31 December 2015. The FTSE 250 greetings card and gift retailer reported like-for-like store sales rise of 2.8% for
Read moreCard Factory appoints Karen Hubbard as new chief executive
6th Jan 2016 07:30
(ShareCast News) - Card Factory has appointed Karen Hubbard as the company's new chief executive, taking over from Richard Hayes later in the year. Hubbard, who has been chief operating officer of B&M European Value Retail since 2014, will join the board of the FTSE 250 company in February as CEO de
Read moreCard Factory posts increase in sales in first nine months of 2015
12th Nov 2015 08:05
(ShareCast News) - Greeting cards and gift retailer Card Factory has reported an increase in sales during the first nine months of the year, thanks to a strong performance across the board. In the nine months to 31 October, the FTSE 250 group said total sales grew 7.9% year-on-year, expanding at a s
Read moreSunday share tips: BHP Billiton, Card Factory, Santa Rally stock-picks
1st Nov 2015 14:18
(ShareCast News) - Sell shares in BHP Billiton, said the Sunday Times' Inside the City column. A recent $6.5bn fundraising was arranged as a 'hybrid' issue as the company seeks to protect its A+ rating. The mining giant said it will use the cash for working capital and to pay down debt, but some vie
Read moreFTSE 250 movers: Special dividend hopes boost Fidessa
21st Oct 2015 13:41
(ShareCast News) - After a poor start to the day, the FTSE 250 rebounded to 17,077.60, up 93.57 points (0.55%). Investment management and information services provider Fidessa led the risers after it revealed it expects to announce a further special dividend when it publishes its full year results i
Read moreLondon pre-open: Investors to focus again on comments from central bankers
22nd Sep 2015 07:29
(ShareCast News) - Traders were expecting a slightly lower open despite the late gains seen on Wall Street overnight. The top flight index was being called to start the day two points lower from Monday's close of 6,108.71. The main US equity averages ended the session on the up as gains in financia
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