Make your money go further for just 25p per day

PREMIUM

Card Factory: our final Bonkers Bargain of 2020 (Updated)

14/01/2021 · Card Factory (CARD) 

Bonkers Bargains ESG UK

Investor's Champion's Bonkers Bargain logo

Card Factory had a tough close to a pretty awful year and, as anticipated, the year end lockdown mean that banking covenants will be breached. However, the share price appears to reflect the most pessimistic of outlooks and with plenty of recovery potential in 2021 and beyond, our final Bonkers Bargain of 2020 still offers compelling recovery potential for the patient.


Greetings cards and gifts retailer, Card Factory (LON:CARD), a previous constituent of our Income Boosters portfolio, clearly faces a challenging short-term outlook. Its stores are currently closed and reduced footfall across the UK’s high streets following further lockdowns resulted in a disappointing sales performance over the key Christmas trading period.


Despite the financial pressures this could bring, the company appears to have a sound long-term recovery strategy. It is expanding its online presence, increasing partnership sales, cutting costs…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE

Become a Champion Investor for just £90 a year.
 
 

START FREE TRIAL

More on Card Factory

Blue Prism tumbles but others impress

14/01/2021 · Company Insights

While online retail continues to enjoy fabulous trading conditions, reflected in several updates covered here, a…


Card Factory: our final Bonkers Bargain of 2020 (Updated)

14/01/2021 · Company Insights

Card Factory had a tough close to a pretty awful year and, as anticipated, the year…


More Company Insights

Hostelworld: ripe for recovery or destined to disappoint?

08/03/2021 · Hostelworld Group PLC

Plenty of growth to enjoy here

This lesser-known hydrogen fuel cell company looks interesting