Does anyone know why the shares have fallen today despite Christmas coming, past year's increased trading and new stores opened?

profits soar well done.

now 63/64.5p thanks xsteffx

Clinton Cards reported a sharp rise in its full-year profits and is confident of further progress in the coming year although high street trading remains challenging.

The card retailer said adjusted pretax profit for the year ended July 29 was 17 mln stg, versus 6.1 mln stg last year, and net pretax profit more than tripled to 15.1 mln stg from 4.7 mln stg.

'The combination of trading conditions, a focus on controlling costs and improved product margins, together with store rationalisation, was reflected in significantly improved profits,' chairman Don Lewin said in a statement.

The company said adjusted operating profit nearly doubled to 20.9 mln stg from 10.6 mln.

Revenues fell to 460.1 mln stg from 472.3 mln, due to trading from 73 fewer stores, but like-for-like sales for the group rose 3.1 pct, with the Clinton brand increasing sales by 2.8 pct and the Birthdays brand by 4.3 pct.

Trading in both brands has increased on last year but conditions on the high street are still challenging, it said.

The store rationalisation in the Birthdays brand and the margin improvements, resulted in a better performance from Birthdays and a reduced operating loss, Clinton Cards said. The timing of the sale of the 40-plus loss-making stores will affect the performance of the Birthdays brand in the year to July 2008, it added.

The company said it expects further opportunities for the Clinton brand, which enjoyed an excellent year and has a strong position in the high street.

In the nine weeks to Sept 30, it said like-for-like sales in the Birthdays brand grew 4.8 pct and in the Clinton brand by 2.0 pct.

The company set a final dividend of 1.70 pence, taking the total dividend for the year to 2.42 pence, up 38 pct from last year's 1.75 pence.

At 08.23 am, its shares were about 6 pct, or 3.75 pence, higher at 64.00 pence.

BOO ?

Clinton Cards PLC
30 October 2007

The following replaces RNS 6056G. Other items have been included

CLINTON CARDS PLC

30 October 2007

Annual Information Update

In accordance with Prospectus Rule 5.2 the following information has been
published or made available to the public between 4th November 2006 to 26th
October 2007 inclusive.

1. RNS Announcements

7 November 2006 Annual Information Update
21 November 2006 Holding in Company
30 November 2006 AGM Statement
1 December 2006 Holding in Company
8 December 2006 Voting Rights and Capital
11 December 2006 Holding in Company
13 December 2006 Holding in Company
21 December 2006 Holding in Company
29 December 2006 Holding in Company
8 January 2007 Trading Update
11 January 2007 Holding in Company
20 March 2007 Notice of Results
20 April 2007 Interim Results - 26 weeks ended 28 January 2007
27 April 2007 Holding in Company
10 September 2007 Notice of Results
18 September 2007 Holding in Company
9 October 2007 Final Results - 52 weeks ended 29 July 2007
23 October 2007 Holding in Company

GOT SOME WED DAY HOPE YOUR RIGHT

Clinton Cards said sales for the group in the five weeks to December 24th rose by 2.5%.

Like-for-like sales in its Clinton brand rose 1.7% in the period, and like-for-like sales in its Birthdays brand increased by 5.7%, the card retailer added.

So why have they gone??????

GONE WHAT

Everybody is sending e-cards...save some trees and money during credit crunch. Cards go to the bins after X'mas anyway. What a waste!

I'm always amazed at the price of cards - and presume this has to cover the fickle market that "we" are, creasing vast amounts of waste.

Yes, I agree e-cards are affecting their business, but there is no real substitute to a real card with your actual writing.
However, MoonPig appears to be attacking this Market and CC really should have some of this, wghere you can "on-Line" send a card a few days late and it will strill arrive on time (hope!). The Sp grap[h needed attention by Execs - but they are too cosy and protected from the reality of life....this is a graph of complacency - like Woolworths!

I think CC needs to be more with-it to survive, with expensive shops on the High Street....in these days of tight money...furthermore the fall of Woolworths will flood the market with cards at Xmas - the best time for CC.

WOOLIES WILL HELP

HAVE YOU SENT YOUR CARDS YET.

TO LOW 10P

Clinton dumps Birthdays
Business Financial Newswire

Clinton Cards has today put its loss-making subsidiary Birthdays into administration.

Clinton said there is little prospect of it generating a profit in the near future.

Birthdays' Irish subsidiary, Birthdays (Ireland) Ltd, has not been placed into administration and will continue to trade as normal.

Clintons purchased the Birthdays' business in December 2004.

Birthdays has continued to incur losses since that time and, although its sales performance has been improving, Clintons has had to continue to provide a significant amount of financial support.

The 332 Birthdays' stores, employing approximately 2,100 people, will continue to trade as usual while the administrators explore all options available to secure the future of the Birthdays' business.

Clintons said like-for-like sales in the 13 weeks to 3 May were flat.

This comprised a slight decline of 0.6% for the Clinton brand and an increase of 2.3% for the Birthdays brand.

OVER 22p.(why did theY buy BIRTHDAYS)

Clinton buy a total of 196 stores from Birthdays, acting by its
administrators, Zolfo Cooper. GBP3.25m of the GBP3.5m consideration will
be discharged by way of a reduction in the amount owed by Birthdays to Clintons.The successful purchase of a large proportion of the Birthdays stores
thereby ensuring employment for 1,450 people.