Card Factory (LON:CARD) Issues Earnings Results

Card Factory (LON:CARD – Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 2.90 earnings per share for the quarter, Digital Look Earnings reports. Card Factory had a net margin of 5.84% and a return on equity of 9.93%.

Here are the key takeaways from Card Factory’s conference call:

  • Group revenue rose 5.3% to £260.8 million, driven by the Funky Pigeon acquisition and wholesale growth, while adjusted PBT declined to £12.7 million from £13.2 million due to planned investment in digital integration and brand marketing.
  • The core store business improved profitability despite challenging U.K. trading, with product margins up 200 basis points, cost efficiencies from Simplify and Scale, and store EBITDA up 5.7% to £50.4 million.
  • Cash generation remained strong, with £47.8 million of free cash flow over the last 12 months, leverage below 1.1 times, a 7.7% increase in the interim dividend, and 83% of the £15 million share buyback completed.
  • Management reported encouraging early results from its broader celebrations strategy, including double-digit like-for-like growth in party sales and sales ahead of the estate average in segmented stores; the Republic of Ireland also delivered 5.6% like-for-like growth.
  • Management maintained full-year expectations and expects second-half profit growth, citing stronger Christmas ranges, sharper value messaging, improved stock availability, and recent U.K. store like-for-like sales returning to positive growth, although consumer sentiment remains uncertain.

Card Factory Stock Performance

Shares of LON CARD traded down GBX 3.90 during midday trading on Thursday, hitting GBX 83.70. 4,324,442 shares of the company’s stock were exchanged, compared to its average volume of 2,115,628. The stock’s 50 day moving average price is GBX 73.49 and its 200-day moving average price is GBX 68.84. The company has a debt-to-equity ratio of 64.64, a current ratio of 0.96 and a quick ratio of 0.20. The firm has a market cap of £279.90 million, a P/E ratio of 9.40, a PEG ratio of 0.84 and a beta of 1.29. Card Factory has a twelve month low of GBX 58.30 and a twelve month high of GBX 108.40.

Card Factory Company Profile

(Get Free Report)

We make sharing in and celebrating life’s moments special and accessible for everyone.

We believe life needs celebration.

Celebrations bring us together, helping us show love and feel loved. They bring a happy dose of fun and break up the everyday. Time and again, consumers have told us of the powerful role celebrations play in their lives. However, they have also told us that finding what they need to celebrate isn’t always easy. It takes time and costs can add up.

At cardfactory, we help everyone come together, mark special moments and toast achievements; whatever the occasion, whatever their budget, wherever they are.

Today, we design, manufacture and sell greeting cards, gifts and celebration essentials for all life’s moments.

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Earnings History for Card Factory (LON:CARD)

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