THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Moonpig raises full year revenue outlook

Moonpig, the online greeting card and gifting platform, has upgraded its revenue forecast for the year to 30 April following continued strong trading. In a trading… View Article

GENERAL MERCHANDISE

Moonpig raises full year revenue outlook

Moonpig, the online greeting card and gifting platform, has upgraded its revenue forecast for the year to 30 April following continued strong trading.

In a trading update, the retailer said it now expects group annual revenue for the period to come in at around £300 million, which reflects the temporary impact of Covid-19 on customer behaviour in late December and January. The new figure is up from a previously guided range of between £270 million and £285 million.

Nickyl Raithatha, Moonpig chief executive, said: “Today’s update reflects continued strong trading performance post-lockdowns, including a very successful UK Mothers’ Day, and we remain confident in the outlook for the year ahead.

“Moonpig Group has delivered a permanent step change in scale over the past two years, with a larger customer base displaying higher loyalty than pre-pandemic.

“The long-term opportunity remains vast, and we have never been in a better position to deliver against Moonpig Group’s strategy to become the ultimate gifting companion.”

The Moonpig Group comprises the Moonpig brand in the UK and the Greetz brand in the Netherlands.

  

  

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News