#CARD Factory – anticipates FY “broadly in line with its previous expectations” (i.e. slightly behind)

#CARD Factory – H1 adj. EPS -6%, DPS maintained, notes “increasingly challenging UK high street environment and consequent weaker footfall”

#CARD Factory – argues “robust” H1 “in a challenging consumer environment”

#CARD Factory – notes positive LFL sales, though weak comparator period

Neil Woodford – let the carnage commence: Card Factory

Neil “I am not a forced seller” Woodford has been selling Card Factory (CARD). Why is this worthy of comment? Well just three weeks ago we published an article entitled Gambling Neil Woodford doubles down on sliding Card Factory after he doubled his stake to 10%.

Gambling Neil Woodford doubles down on sliding Card Factory

Last time Neil Woodford piled in for shares in Card Factory (CARD), back in October 2017 at c. 315p, the shares were hit by a profit warning and slid to 232p in January 2018. With 5.02% of the company, Neil Woodford was sitting on a loss (of other people’s money) of some £54 million and Tom Winnifrith was scathing. Well, the shares are now around 186.5p and the market (including Tom Winnifrith) is wrong, natch. We know this because Neil has been buying again, taking his holding to 10.06% last Friday. Heck: only 40% down – this is a winner, let’s buy some more!

#CARD Factory – FY adj. EPS -7%, ordinary DPS maintained, anticipates current year EBITDA “broadly flat”

#CARD Factory – Christmas trading sees year-to-date Card Factory LFL sales slip to -0.1%

#CARD Factory – Q3 Card Factory store LFL sales +0.1%, “approach our Christmas trading period with confidence”

Why Card Factory Doesn't Get My First Class Stamp of Approval

Hello, Share Turners. Though sending cards is a necessary ritual of life, I have my doubts about investing in firms which make or sell them - or do both. Technology and high postal charges are a growing problem. And younger people look more to Facebook and the like to confer their birthday and other greetings.

Why Card Factory May Struggle Against Changing Trends

Hello, Share Graspers. Back in the mists of time when just a few birthday cards were first sent online, I opined that the traditional postal card might become threatened. I don't know if this view still affects the performance of the Card Factory (CARD). But it's not a share that attracts me at the moment, anyway.

#CARD Factory – H1 LFL sales -0.2%, FY warning

#CARD Factory – Q1 sales +3%, though like-for-like -0.4%

Card Factory now 232p after profits warning - guess who filled his boots in October at c315p?

Well which fund manager do you think always knows far better than than the market? After dismal interims in September, only those who always know better than the market would have snapped up 5.02% of the company in early October...

#CARD Factory – notes positive Q3, remains confident

Card Factory – review as CEO argues “a solid set of interim results”… and the shares respond 15% lower

Shares in retailer Card Factory (CARD) are currently down approaching 15% on the back of results for its half year ended 31st July despite CEO Karen Hubbard arguing “we have delivered a solid set of interim results with strong growth in like-for-like sales and total revenue, despite the decline in footfall seen across the high street”. Hmmm…

#CARD Factory – improved sales growth, FY expectations unchanged

#CARD Factory – Q1 LFL store sales “at upper end” of targeted range

Is Card Factory Growing Too Fast to Support Rising Profits?

Hello Share Hikers. It’s been my view for yonks that companies which make and sell greetings cards are possibly cruising for a bruising.

Card Factory – trading statement sees return of like-for-like’s, wonder why they went away?

Having previously noted on Card Factory (CARD) slowed sales growth & where are like-for-likes?, I now note “Trading Statement” and “Directorate Change” announcements from the cards and gifts retailer...