The company reported “softer” like-for-like sales growth in the first quarter, although it says it continues to target like-for-like sales growth for the year of between 1.4% and 3.2%.
Total sales growth was 6.5% for the quarter ended 30 April, down from 7.5% a year earlier.
“Following our record performance last year, we have had a reasonable start to the year,” said chief executive Karen Hubbard, who took over from Richard Hayes last month.
“[Card Factory is] not ‘completely immune’ to the weaker consumer confidence seen in 2016,” she added.
The company focuses on the value and mid-market segment of the greetings card market
Overall expectations for the year remain unchanged.
Card Factory’s share price fell a little in early trading.
A spokesman for the company said that after a “good run” in recent months, investors might be looking to take some profits from their investments.
Shares were down 19.1p or 5% to 361.9p.