Card Factory Share Discussion Threads

[blackhorse23] 13/3/2024 12:22

Money moving to GNC

[chester9] 13/3/2024 12:00

It's is a private business owned by the Taylor family turnover is 50m so much smaller than Card. It considers its self a more premium offer to Card but operates under many brand names which makes building the brand challenging..The recently added Clintons which takes number of stores to 340 from 180. That said there will be closures with duplicated sites. .Card F has 1043 stores so about a third of the size.

[sophia1982] 13/3/2024 11:46

Anyway knows the difference between Card and Cardzone? It is a similar biz model? Does Cardzone produce its own cards?

[fft] 13/3/2024 11:40

Don't forget that unlike other companies such as Moonpig, Card Factory actually produce much of their requirements in the UK. No problems with the red sea ! I always find it quite odd that people do comparisons with Moonpig. I always think they are going after different parts of the same market. It's also one of the reasons why card factory cards are cheaper than elsewhere.Online is also overrated for low priced items. Distribution costs (both labor and postage) have gone up so much it makes buying one or 2 items online less economic than popping into a card factory shop.

[chester9] 13/3/2024 11:09

Moon optimism in share price today ahead of results. We have been told PBT FY 23 will be 62m. That implies costs have risen 16% if margin assumed steady at 35%.PE less than 6. Costs FY24 likely at least 10%.Can they increase margin and sales to compensate? Moon will give us an online view though that is still small part of Card overall. Still 6 weeks to results.

[premium beeks] 13/3/2024 10:57

SHOE drop yesterday on a very mild warning. One of the issues being supply chain issues due to red sea / Suez challenges and increased costs.As much of the stuff in CARDS shops will be similarly sourced is similar coming here?For info my target for my trade hit yesterday so now out.

[chester9] 12/3/2024 15:54

Moon results on 14th will give some clue

[everton448] 12/3/2024 15:24

And Rhyl this week

[bordalo] 12/3/2024 14:34

card about to open a new shop in leominster herefordshire

[harry_david] 10/3/2024 15:33

NLW is a major problem for retailers on low margins as they have to increase prices whilst under pressure. It is much easier for Card they can move margins up in advance and be fully protected.

[casholaa] 09/3/2024 17:15

The converervatives have gone socialist. The amount of tax the State now pulls in, isn't far off communism. The business taxes will ultimately have to be foisted upon the public. Personal tax threshold frozen, reduction in NI means more tax collected at attaining first and second tax thresholds. The effect is to push up inflation as no business would want to subsidize the State. The public eventually are saddled with the burden and will be wanting further pay rises. Meanwhile, all them MPs and council workers give each other pay rises and golden pensions. Who on earth would want to open a local shop or supermarket anymore....?

[darrin1471] 09/3/2024 15:35

With full employment the government can afford to push the NLW higher. Poor business models will go to the wall and allow space for more efficient businesses. Why should the government subsidise employers low wages by providing benefits to the low paid.
Higher wages for the lower paid should stimulate consumer spending. Higher UK service sector inflation will require the BoE to keep rates higher for longer. That will keep sterling strong and allow imported goods deflation which will offset high UK service sector inflation.

The higher NLW and business rates have been well flagged. CARD showed during high energy and paper pulp inflation that they can re-engineer the cards they manufacture to maintain overall margins. These added costs are for all retailers, so all retailers will need to boost margins to cover costs. Stronger sterling will reduce the price of imported goods for all retailers.

[premium beeks] 09/3/2024 13:38

Yes, how could they possibly put up wages for the lowest paid in society. It sucks.Good grief

[casholaa] 09/3/2024 13:17

Crooked government. They can't do this if they are trying to fight inflation as it pushes all sorts of costs up and onto consumers. Time to get rid of vat.

[eeza] 09/3/2024 09:26

Rates hike & wages

[reidy66] 07/3/2024 15:54

A break from 100p should she a 10p move . PJ

[premium beeks] 07/3/2024 13:31

Shoddy attempt at a quid yesterday - almost embarrassing!Looks like we'll have another crack today

[casholaa] 06/3/2024 14:41

Onwards and upwards.

[premium beeks] 06/3/2024 14:29

Looks like we poke through a quid today.

[premium beeks] 06/3/2024 12:17

Cheeky little rise.You might get there sooner rather than later.

[caveater] 06/3/2024 06:00

Yeah but when we going back to 116 (and more) ???

[premium beeks] 05/3/2024 17:15

On its way back to a quid now.