Wakefield’s Card Factory ups revenue to £542m

Wakefield-based greeting card and gift retailer Card Factory said its revenue grew 6.2% to £542.5 million and adjusted profit before tax rose 6.3% to £66 million, in line with guidance, in the year to January 31, 2025.

Dividend per share increased by 6.7% to 4.8p.

On current trading, Card Factory said: “Good momentum continued across our FY26 Spring seasons of Valentine’s Day and Mother’s Day with card range development and new gift and celebration essentials products resonating strongly with customers.

“New record trading day reported on Saturday before Mother’s Day FY26.”

In its outlook, the firm said: “We currently do not expect there to be a material impact from tariffs on the group’s financial performance in FY26.”

Card Factory CEO Darcy Willson-Rymer said: “Our performance in FY25 demonstrates the strength and resilience of cardfactory and our strategy as we continue to evolve the business into a leading global celebrations group. We delivered strong revenue growth, outperforming the wider celebration occasions market.  Further expansion of our store estate combined with continued development of our gift and celebration essentials categories, were key drivers of our performance.

“We are now halfway into our ‘Opening Our New Future’ growth strategy and I am pleased with what we have achieved across the business. With entry into new markets, including the US, and expansion of existing partnerships, we are reaching more customers, in more locations.

“As we move into FY26, good momentum has continued during our Spring seasons. Despite an uncertain and inflationary backdrop, we remain confident in our ability to deliver mid-to-high single-digit percentage profit growth, underpinned by our strategic focus, our ongoing productivity and efficiency programme and our strong financial discipline.”