After a torrid year, Clinton Cards has some reason to celebrate today as its shares jump more than 15% following news of improving sales.
The party props, plushes and greetings retailer highlights a “marked improvement in second half like-for-like sales” and adds that pattern has continued into the current year with Clinton stores showing gain of 2.9% in the first 10 weeks.
Clinton Cards earlier this year put its Birthdays greeting-cards chain into administration saying it could no longer provide funding to the loss-making business.
In June, it bought back 196 Birthdays stores out of administration for £3.5m.
Click here for full report
Related posts:
