Card Factory (LSE:CARD) PLC reported buoyant trading in the first six months of the year despite an uncertain macro backdrop.
The greeting cards, gifts and celebration essentials retailer said trading to 31 July was "materially" ahead of the board's expectations.
The macro backdrop continues to be uncertain, and there is still much to be delivered over the remainder of the year, the firm added.
"Nevertheless, given the strength of the performance in the first half, together with our current outlook for the second half, the board now expects the full year outturn to be materially ahead of its' previous expectations," it added in a statement.
In May, Card Factory (LSE:CARD) said underlying profit in the year to 31 January 2023 was £112 million, up 28.6% from £85.6 million the year before, while pre-tax profit rose to £52.4 million from £11.1 million.
Revenue increased to £463.4 million from £364.4 million, or by 6.7% on a like-for-like basis, driven by robust performances in store-based sales, its Everyday card ranges and strong Christmas trading.