The retailer has seen ‘continued positive momentum across card, gifts and celebration essentials’.
For the year to 31 January, 2023, pre-tax profits increased by 25% to £65.6m, up from £52.4m the year before. Sales rose 10% to £510.9m.
Online like-for-likes were up 0.4%, and store sales grew 7.7%, thanks to new store layouts, customer experience and improved ranges.
Chief executive Darcy Willson-Rymer said: “I am delighted with the progress we have made through the year which would not have been achieved without the commitment and efforts of our colleagues.
“Now, three years into our ‘Opening our New Future Strategy’, Card Factory is financially and operationally a much stronger business.
“We have confidence in our strong value and quality customer proposition, and remain on track for both this financial year and for achieving our FY27 targets.”
