Card Factory shares fall to all-time low
Card Factory, the retailer of greeting cards and gifts, experienced an all-time low in share prices this morning (25 September) since floating on the stock exchange in 2014.
The Wakefield-headquartered company saw shares fall by 9.7% to 166p alongside reporting its results for the half year mark.
In what Card Factory CEO Karen Hubbard described as a “weak consumer environment particularly challenging footfall across the high street,” the retailer reported a 3.2% rise in total revenue to £185.3m, compared to the £179.6m a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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