Card Factory has good Christmas on the high street
The cards and gifts retailer increased sales by 4.7% through November and December.
The retailer expects to deliver adjusted pre-tax profits for the full year in line with current market expectations, of around £66m.
“We are pleased to have delivered another successful Christmas trading period,” said Card Factory chief executive Darcy Willson-Rymer.
“Continued revenue growth, combined with the benefits of our productivity and efficiency programme, have enabled us to navigate a challenging retail environment and deliver a robust performance in the second half.
“As a result, we expect to deliver full year profits in line with expectations and remain well positioned to manage inflationary pressures in the near term, as we continue to deliver on our strategic growth ambitions.”
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