Card Factory’s sales keep rising

The company has published a trading update for the six months ended July 31 2015.

Over the period, it achieved total sales growth of +8.0 per cent and like-for-like store sales growth of +2.7 per cent.

It continued the store roll out programme with 36 net new stores opened. The company said it was confident of delivering another year of approximately 50 net new openings, and it has achieved further strong revenue growth from Getting Personal. It has also re-launched the Card Factory transactional website, and the board’s expectations for the full financial year are unchanged.

Richard Hayes, Card Factory’s chief executive, said: “It is pleasing to report that the group traded well in the first half of the current financial year with good growth continuing from the existing store estate and new store roll out programme, as well as our developing online proposition. We were delighted to open our 800th Card Factory store in Reading, and to relaunch an enhanced transactional Card Factory website.

“We remain confident of our ability to continue to increase market share whilst delivering on all four pillars of our growth strategy.”

Card Factory’s results for the six months to July 31 2015 will be announced on September 22 2015.