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Card Factory has plenty to celebrate after pre-tax profits almost double

11 April 2016 - Janet Bird

Card Factory has plenty to celebrate after pre-tax profits almost double

Greetings cards and gift retailer Card Factory has plenty to celebrate after its pre-tax profits almost doubled in a year.

The retailer recorded a pre-tax profit of £83.7 million for the year ending January 31, compared to £42.7 million at the end of the previous 12 months.

Online, sales grew 22.8% compared to the previous year after the retailer revamped and relaunched its website. 'Getting Personal', its online store for personalised gifts, also saw sales surge by 17.5%.

Card Factory currently has 814 stores across the UK and opened 50 new shops in the last financial year.


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