Card Factory sales up as it hails 'encouraging start' to the year

Card factor 636 index

Card Factory saw total and like-for-like sales inch up in its first quarter, which it said represented an “encouraging start to the year”.

The greetings cards and gifts specialist posted group sales growth of 6.4% and a 2.3% uptick in like-for-like sales in its trading update for the quarter ending April 30, 2019.

The retailer said this was a good start to the year that “in part reflects the weakness in the comparator period”.

Card Factory said its profit expectations for the were remain unchanged.

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