Card Factory has reported results for the year ended 31 January 2025, with a 6.2% increase in sales year-on-year.
Darcy Willson-Rymer, ceo, commented: “Our performance in FY25 demonstrates the strength and resilience of Card Factory and our strategy as we continue to evolve teh 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.”
Revenue for FY25 was £542.5m, up 6.2% from £510.9m in FY24. Adjusted profit before tax increased 6.3% year-on-year to £66m. The retailer said that total store sales growth of 5.8% and like-for-like store sales growth of 3.4% reflects ‘the continued strength of our store estate and developing celebrations offer’.
Darcy continued: “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. I want to thank our dedicated colleagues whose passion and focus on helping our customers celebrate life’s moments, continues to drive our success.”