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Card Factory reports increased profits and revenues but faces share drop over online sales concerns.
UK retailer Card Factory reported a 6.3% rise in pre-tax profits to £66 million and a 6.2% increase in revenues to £542.5 million for the year ending January 31, 2025.
The company credited its growth to new store openings, a wider product range, and a US expansion.
Despite these gains, shares fell 12% due to concerns over flat online sales and the closure of its personalized gift site, GettingPersonal.co.uk.
The company aims for mid-to-high single-digit profit growth in the next financial year.
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Card Factory informa un aumento de las ganancias y los ingresos, pero se enfrenta a una caída de las acciones por preocupaciones de ventas en línea.