Card Factory (CARD)

Sector:

Retailers

Index:

FTSE Small Cap

 64.80p
   
  • Change Today:
      0.000p
  • 52 Week High: 86.00
  • 52 Week Low: 41.65
  • Currency: UK Pounds
  • Shares Issued: 341.88m
  • Volume: 0
  • Market Cap: £221.54m

Card Factory online sales surge after lockdown

By Michele Maatouk

Date: Wednesday 06 May 2020

LONDON (ShareCast) - (Sharecast News) - Card Factory said on Wednesday that online sales have surged since the coronavirus lockdown in March.
While the company's stores remain closed, it has continued to trade both of its online businesses and has seen "significant" growth in visitors, conversion and sales, it said.

Sales from the Cardfactory.co.uk website have grown 267.5% since the lockdown on 23 March, while Gettingpersonal.co.uk has seen sales jump 57.5%. In response to increased demand and to support social distancing, the group has established a second fulfilment unit in Wakefield.

The company also said it is eligible to access funding under the government's Covid Corporate Financing Facility and has in place a ?200m revolving credit facility, maturing in October 2023.

The retailer, which had already announced that it would not be paying a final dividend for FY2020, has furloughed more than 90% of its employees and taken steps such as negotiating rental payments and engaging in discussions with landlords to reduce net cash outflow.

In preparation for reopening, Card Factory said it's working on changes to its store operations that will help ensure colleague and customer safety. "We expect to be able to facilitate appropriate social distancing in the majority of our stores," it said.

At 1015 BST, the shares were up 3.3% at 39.58p.

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Card Factory Market Data

Currency UK Pounds
Share Price 64.80p
Change Today 0.000p
% Change 0.00 %
52 Week High 86.00
52 Week Low 41.65
Volume 0
Shares Issued 341.88m
Market Cap £221.54m

Card Factory Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
2.19% below the market average2.19% below the market average2.19% below the market average2.19% below the market average2.19% below the market average
40.43% above the sector average40.43% above the sector average40.43% above the sector average40.43% above the sector average40.43% above the sector average
Price Trend
56.81% above the market average56.81% above the market average56.81% above the market average56.81% above the market average56.81% above the market average
65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average
Income
14.39% above the market average14.39% above the market average14.39% above the market average14.39% above the market average14.39% above the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average
Growth
24.14% below the market average24.14% below the market average24.14% below the market average24.14% below the market average24.14% below the market average
24% below the sector average24% below the sector average24% below the sector average24% below the sector average24% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Card Factory Dividends

  Latest Previous
  Special Interim
Ex-Div 07-Nov-19 07-Nov-19
Paid 19-Dec-19 19-Dec-19
Amount 5.00p 2.90p

Trades for --2022

Time Volume / Share Price
0 @ 0.000p

Card Factory Key Personnel

CFO Kristian Lee
CEO Darcy Willson Rymer

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