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Thursday 19 Jan 2017 Author: James Crux

Thursday 26 January

We anticipate a robust Christmas trading update (26 Jan) from budget gifts-to-greetings cards retailer Card Factory (CARD). Anecdotal evidence suggests the cash generative discounter’s cards and seasonal gifts were flying off the shelves ahead of Santa’s arrival. Before Christmas, Card Factory flagged (15 Nov) a welcome pick-up in sales of everyday ranges since the start of October, having previously encountered some muted high street footfall.

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