UK's Card Factory no. 2 loser on small-cap index after FY profit drop

Card Factory

30/09/2025 08:59

** Shares of Greeting cards and gifts retailer Card Factory CARDC.L down 4.3% at 101.2p

** Stock second-biggest loser on FTSE small-cap index .FTSC, which is down 0.12%

** Reports 9% dip in adj profit before tax for the six months ended July 31

** Maintains adj PBT forecast for FY26, citing strong second-half trading plans and benefits from cost mitigation programme

** Peel Hunt analyst notes profit decline stems from "efficiency-focused" investments; describes store like-for-like revenue growth of 1.5% as "solid enough" but indicative of lower transaction numbers

** "PBT will follow a similar second-half weighting profile to FY25, reflecting seasonality of sales, timing of investments and realisation of inflation mitigation actions," CARDC says

** Despite results, stock up 2.3% YTD

 (Reporting by Raechel Thankam Job)

 ((RaechelThankam.Job@thomsonreuters.com))