Yep, all positive. |
bigbigdave, this is in addition to director purchases by the CEO and CFO in December. |
Small Director buy |
Well the Partner ist Kohls.
Garven ist additional.
For me the questuon ist really how good are partnershipa for the margin. A good retailer Like Aldi has a margin of 5%. While Card factory once Had one of 19%, so there is still some Work to do for Darcy and Matthias to get our Cash Maschine back in track. |
Found this on Garven website. One of its customers is Walmart so that gives access to all the US States. Maybe there aren’t two US ventures.
Garven Design Group is a leader in the gift packaging, stationery, novelty gifting and wall decor categories. Our core customers include Walmart, Target, Amazon and several other major retail partners. We specialize in the co-creation of exclusive and trend relevant products for our retail partners.
Website
hxxp://www.garvendesigngroup.com
Industry
Consumer Goods
Company size
11-50 employees
Headquarters
EDINA, MINNESOTA
Type
Privately Held
Founded
1988
Specialties
Gift Packaging, Gift Bags, Gift Wrap, Novelty Gifting, Stationery, Seasonal , Wall Decor, and Giftware |
I still think there are two US ventures, The purchase of Garven, a manufacturer of cards and packaging I think, is only one of them.
Prior to that purchase CF said they had a partnership with a wholesaler that gave access to all the American States in time for Christmas. |
You never know, maybe they're being smart and under-promising on the US venture's immediate impact...or maybe they're not :-) |
Have you ever seen anyone buying cards in either of them ? |
The additional concessions in Aldi and Matalan should have helped with the festive sales. Progress in the US would also really help though if it's not too soon to expect that? |
I think the exciting thing here is the expansion into the US market.
They mention negligible impact upon this year but, imo, the potential expansion this deal opens up is exponential.
Just have to hope they didn't bomb over Christmas in the UK :-) |
This is the update on Dec 5 when they announced purchase of Garven.
Trading Update
Trading in the second half to date has been in line with our expectations and we have been encouraged by the start of the Christmas season. Our programme of productivity and efficiency savings, as announced at our Interim results in September 2024, also remains on track. Our expectations for the full year are unchanged, albeit we are yet to trade through the peak Christmas trading period. We will provide a further update to the market in our January trading statement which is scheduled for 14 January 2025. |
Took an initial position here this morning after having previously been in and out during 2017 - 2018. |
Thank you :-) |
Was in the RNS 5th DEC |
January trading update, last time it was on 16 Jan.
The corporate website is still just showing 2024 dates in the investor calendar (link in header). |
Cheers Everton,
I've looked on the corporate website and on stockopedia and can't see the date :-(
Where have you found that info?...just so I know where to look next time :-) |
14 January 2025 |
Anyone know when the next scheduled News Release/TU for Card Factory is? |
Anyone know when the next scheduled News Release/TU for Card Factory is? |
At EPS of 14p it should already have a share price of £2.30 to equal the average rating of the Specialist Retail sector. Plus CF is a growth company with its move into gifting and now the purchase of a US manufacturer in addition to the partnership with a US wholesaler giving access to all US states. |
Yes, Edison upping PT from 180p to 200p.Will all depend on Results next year ! |
CR has this on his list of naps for 25
Possible one bagger |
I called in to my local store today in a small market town. It was busy as usual.
What I noticed in particular was that there very few Christmas cards left for the 50% off sale. In previous years there have been shelves full of leftover cards but not this year, only a few packs left! |
Probably difficult to find a card you like though as inevitably a much smaller range. I wouldn't go to Asda to buy a card but possibly would pick one up in passing if I happened to be there anyway and needed to buy one.
It will be interesting to hear how the new Card Factory concessions in Aldi and Matalan have performed. |
Mind I noticed ASDA had a stand of budget cards the other day priced variously at 28p, 58p, 99p ......right up to £1.99. Might well be loss leaders just to coax the customers in, and may even just be a temporary offer over the busy festive period. |
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