Card Factory shares plummet despite first interim dividend in five years and ‘resilient’ results Retail Shares in personalised gift and party supply business Card Factory have slumped despite the return of its interim dividend after a revenue boost. The company announced the recommencement of an interim dividend of 1.2p, “demonstrating commitment to delivering progressive returns to shareholders”. However, its share price fell by nearly 20 per cent in early trades. The [...]
Card Factory’s chairman sent warning by shareholders Retail Almost a quarter of shareholders in Card Factory voted to oust its chairman at the company's annual general meeting.
Clintons: Card giant axes stores and hundreds of staff as it slips back into the red RETAIL Gift card giant Clintons has fallen back into the red after laying off hundreds of staff and closing more than 50 UK stores, as its owners grapple with its customers' changing shopping habits.
Card Factory: Shares rocket as investors cheer ‘solid’ performance April 30, 2024 Shares in personalised gift and party supply business Card Factory grew eight per cent in early trade, as the firm resumed its dividend payout and reported a rise in revenue.
Card Factory: Profits leap 72.7 per cent amid ‘challenging’ climate before Christmas September 26, 2023 Card Factory has reported a 72.7 per cent leap in profit before tax to the end of July, as the occasion market showed signs of strength despite the cost of living crisis. The seller of personalised celebration cards and gifts said revenues also grew 11.5 per cent to £220.8m as the company’s affordable products appealed [...]
Card Factory benefits from pandemic recovery as consumers return to high street September 27, 2022 Greetings and gift specialists Card Factory had bumper revenue and profits in the first half of the year, as it looks to weather choppy economic waters ahead. Card Factory made £198m in the first six months of the year, up almost 70 per cent on the same period last year, while its earnings before tex [...]
Changes sweep the boardrooms and C-suites of biggest businesses in the UK August 24, 2022 The boardrooms and C-suites of some of largest companies in the UK have undergone sweeping overhauls this week alone. The winds of change have blown as the country heads into autumn and buckles down for a worsening economic crisis, some two years on from the start of the pandemic. While Covid-19 measures in the country [...]
Card Factory financial chief to exit firm with £40,000 golden parachute July 25, 2022 Card Factory financial chief Kris Lee is set take away a £40,000 golden parachute after stepping away from his position at the Wakefield headquartered card seller Lee, who joined Card Factory in 2017 following a more than five-year stint as group finance director at The Edinburgh Woolen Mill Group, will be paid £40,000 in compensation [...]
Card Factory posts revenue growth thanks to store recovery and occasion boom May 3, 2022 Card Factory posted 28 per cent revenue growth this morning to £364.4m thanks to the steady recovery of stores following the easing of lockdown restrictions, alongside an online performance significantly ahead of pre-pandemic levels.
Card Factory completes £225m refinancing as reopening sales soar May 21, 2021 Card Factory today said it had completed a £225m refinancing deal with its existing commercial bank syndicate. The increased bank facilities will provide extra liquidity above the original £200m it replaces. The facilities will provide Card Factory with the necessary financial resources to focus on future growth, such as boosting its online presence. Darcy Wilson-Rymer, [...]