(Reuters) – Greetings card retailer Card Factory Plc reported lower full-year core earnings on Tuesday as it struggled to cope with higher costs, lower traffic and weak demand for its personalised gifting service.
The Wakefield-based company said underlying earnings before interest, taxation, depreciation and amortisation (EBITDA) fell nearly 5 percent to 89.4 million pounds for the twelve months ended Jan. 31.
(Reporting by Tanishaa Nadkar and Pushkala Aripaka in Bengaluru; Editing by Shounak Dasgupta)