Max -3X Inverse Leveraged Fund (CARD)
ARCA ARCA Primary 
Card Factory downgraded after earnings alarm is sounded
Panmure Liberum has downgraded Card Factory (LSE:CARD) to 'hold' after what it calls a shock profit warning that has damaged confidence in the near-term outlook. The broker has cut its price target to 80p from 150p.
Card Factory sends out profit warning
Card Factory (LSE:CARD) said pressures on UK consumers have affected confidence and shopping behaviour in the past few weeks. The company said these conditions have led to soft high street footfall and that UK store sales are running below earlier expectations as it enters its most important trading period.
Card Factory shares slip despite steady outlook
Shares in Card Factory (LSE:CARD) fell 5% in early trading after the retailer of greeting cards and gifts reported a drop in half-year profits, even as it stuck to its full-year guidance. The group posted a 6% rise in revenue to £248 million for the six months to the end of July, driven by new store openings, resilient like-for-like sales growth of 1.5% and strong seasonal trading around Valentine's Day and Mother's Day.
Top Performing Leveraged/Inverse ETFs: 08/03/2025
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Card Factory buys Funky Pigeon from WH Smith
Card Factory (LSE:CARD) has struck a deal to buy FunkyPigeon.com, the online personalised card and gifting business, from WH Smith PLC (LSE:SMWH) for £24 million cash. The greetings card retailer said the deal, which includes a standalone team in Bristol and Guernsey, supports its digital and omnichannel strategy, making it the UK's second-largest online card and gift retailer.
Card Factory surges as investors greet solid Christmas trading
Card Factory (LSE:CARD) PLC jumped over 8% on Tuesday after gracing investors with news of a “successful” Christmas and market outperformance over the year so far. Revenue was up 6.3% at £506.6 million over the 11 months to the end of 2024, Card Factory reported on Tuesday, aided by growth of 4.7% in November and December.
CARD.com Taps Visa Direct to Expand Financial Services Globally
CARD.com now enables its users to make cross-border payments via Visa Direct. This offering results from a collaboration between CARD.com, which is a FinTech specializing in mobile banking and card payments, and Visa, the companies said in a Monday (Dec. 16) press release.
Card Factory opts against new directors despite board diversity concerns
Card Factory (LSE:CARD) PLC has said new directors will not be appointed despite concerns over diversity within its board. Several shareholders voted against the reappointment of chair Paul Moody in its latest annual general meeting, Card Factory (LSE:CARD) said on Monday.
Card Factory shares celebrate US entry on $25mln gift firm takeover
Card Factory (LSE:CARD) PLC surged on Thursday after unveiling the $25 million (£19.7 million) takeover of gift and celebrations essentials wholesaler Garven Holdings. Acquiring the Minnesota-based Garven Design and Cadence Packaging owner meant physical entry to the £70 billion US gift and celebrations market, Card Factory said.
Card Factory plummets as wage hikes eat into profits
Card Factory (LSE:CARD) fell almost 19% on Tuesday after reporting tumbling first hald profit on the back of a rise in the UK's national living wage. Adjusted pre-tax profit fell by 34% to £14.5 million over the six months to July, Card Factory said on Tuesday.
Card Factory recovery tipped to continue as margins recover
Card Factory (LSE:CARD) is currently being priced in for 'zero growth' and 'flat margins' going forward according to UBS, which suggests any positive comments in next week's interims should give its share price a meaty boost. Shares have been rallying anyway following the reinstatement of the dividend with its finals in April and at 138p currently sit at their highest since January 2020.
