Card Factory has said its sales are continuing to recover in the quarter ending 31 October with two-year like-for-likes showing a gradual improvement.
On a two-year basis, in-store sales were down 3% in the period, although the average basket value continued to exceed pre-pandemic levels with growth of 22.5%. This offset lower transaction numbers which were down 20.9% on a two-year basis.
Card Factory said its online offerings are trading in line with expectations, with the stronger performance of Getting Personal offsetting a reduction in sales from cardfactory.co.uk. Both brands continue to perform ahead of pre-pandemic levels.