Cake Box Holdings (GB:CBOX) has released an update.
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Cake Box Holdings, the UK’s leading fresh cream celebration cake retailer, reported a robust first half of 2024 with a 4.3% increase in revenue to £18.7 million and a remarkable 16.4% rise in basic earnings per share. The company saw a surge in online sales and brand awareness, thanks to strategic marketing initiatives and a new customer loyalty program, boosting its franchise store sales growth. With plans to exceed store opening targets, Cake Box is set for continued expansion and profitability.
For further insights into GB:CBOX stock, check out TipRanks’ Stock Analysis page.
