{"id":2351360,"date":"2021-07-27T13:00:41","date_gmt":"2021-07-27T17:00:41","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2351360"},"modified":"2021-07-27T13:00:41","modified_gmt":"2021-07-27T17:00:41","slug":"pandemic-sends-moonpig-sales-flying","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/pandemic-sends-moonpig-sales-flying\/","title":{"rendered":"Pandemic Sends Moonpig&#8217;s Sales Flying But Revenue Growth Forecast To Slow"},"content":{"rendered":"<ul>\n<li><a href=\"https:\/\/www.valuewalk.com\/look-ahead-q2-earnings-tesla-ryanair-lvmh\/\">Moonpig<\/a> Group PLC (LON:MOON)&#8217;s revenue of 368.2 million pounds ($508.8 million), up 113%, in the 12 months to the end of April.<\/li>\n<li>Pre-tax profits up 3% to \u00a332.9 million in the 12 months to the end of April.<\/li>\n<li>Delivered 50.9 million orders in the 12 months to the end of April.<\/li>\n<li>Shares fell 6% in early trading.<\/li>\n<\/ul>\n\n\t<!-- Begin Mailigen Signup Form -->\n\t<script type=\"text\/javascript\">\n\t\tif (typeof jQuery == 'undefined') {\n\t\t\tdocument.write('<scr' + 'ipt type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/jquery.js\"><\/scr' + 'ipt>');\n\t\t}\n\t<\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/scripts.js\"><\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/subscribe2.js\"><\/script>\n\t<div id=\"MG-placeholder\">\n\t<style>.first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important}\n\n\tform.ebook-styles .error,\n\tform.ebook-styles #error {\n\t\tcolor:#d00;\n\t}\n\tform.ebook-styles .formfields h1,\n\tform.ebook-styles .formfields #mg-logo,\n\tform.ebook-styles .formfields #mg-footer {\n\t\tdisplay: none;\n\t}\n\tform.ebook-styles .formfields {\n\t\tfont-size: 12px;\n\t}\n\tform.ebook-styles .formfields p {\n\t\tmargin: 4px 0;\n\t}\n\t<\/style>\n<div style=\"background:#eee;display:block;overflow:hidden;margin-bottom:24px;padding:40px;\">\n<div class=\"two-thirds first\">\n<p style=\"font-size:22px;margin:0 0 10px;\">Get The Full Henry Singleton Series in PDF<\/p>\n\t<p style=\"line-height:1.4;margin-bottom:0;\">Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues<\/p>\n\t<form action=\"https:\/\/valuewalk.us4.list-manage.com\/subscribe\/post?u=c3eb7a1d092fc854772c834e0&amp;id=f6f5bdb8b5\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate>\n <div id=\"mc_embed_signup_scroll\">\n \n\t\t\t\t<div class=\"af-element mc-field-group \">\n\t\t\t\t\t<div class=\"af-textWrap c1\"><input type=\"email\" value=\"\" placeholder='Email Address' name=\"EMAIL\" class=\"required af-element email\" id=\"mce-EMAIL\"><\/div>\n\t\t\t\t\t<div class=\"af-clear\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"af-element buttonContainer\">\n\t\t\t\t\t<input type=\"submit\" value=\"Subscribe\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\">\n\t\t\t\t<\/div>\n \n \n\t<div id=\"mce-responses\" class=\"clear\">\n\t\t<div class=\"response\" id=\"mce-error-response\" style=\"display:none\"><\/div>\n\t\t<div class=\"response\" id=\"mce-success-response\" style=\"display:none\"><\/div>\n\t<\/div>    <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups-->\n    <div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_c3eb7a1d092fc854772c834e0_f6f5bdb8b5\" tabindex=\"-1\" value=\"\"><\/div>\n    \n    <\/div>\n\t<\/form>\n\t<script type='text\/javascript' src='\/\/s3.amazonaws.com\/downloads.mailchimp.com\/js\/mc-validate.js'><\/script><script type='text\/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true);<\/script>\n<\/div>\n<div class=\"one-third\">\n<img decoding=\"async\" src=\"https:\/\/www.valuewalk.com\/wp-content\/uploads\/2017\/02\/Singleton-1.jpg\" alt=\"Henry Singleton eBook\" style=\"width:100%; height:auto\">\n<\/div><\/div><\/div><!-- End Mailigen Signup Form -->\n<p style=\"text-align: center;\"><a href=\"https:\/\/valuewalkpremium.com\/q2-2021-hedge-fund-letters\/\" target=\"_blank\"><em><strong>Q2 2021 hedge fund letters, conferences and more<\/strong><\/em><\/a><\/p>\n<h2>Moonpig's Revenue More Than Doubles<\/h2>\n<p>\"The pandemic sent Moonpig flying in terms of sales, with revenue more than doubling in the twelve months to the end of April. But with plans to spend big on <a href=\"https:\/\/www.valuewalk.com\/connecting-with-customers-in-2021-and-beyond-through-empathy-marketing\/\">marketing<\/a> to hang onto newly acquired customers as revenue growth\u00a0 is forecast to slow, shares have fallen by 6% in early trading.<\/p>\n<p>Moonpig had already held a dominant share of the market before the virus hit and the crisis sent it to cloud 9 in terms of brand awareness, as shoppers, confined to home, had little choice but to switch to sending greetings online.<\/p>\n<p>With stores of high street rivals shuttered and supermarkets the only main rivals in lockdown, it\u2019s little surprise Moonpig rooted out a surge in new customers, and its e-commerce platform was geared up to sell plenty more celebratory ranges alongside cards, a product mix which should bode well for future growth. Transactions rose to just shy of 51 million for the year. The surge in new custom beat even expectations surrounding Moonpig\u2019s successful launch onto the London market in February. <a href=\"https:\/\/www.valuewalk.com\/ten-biggest-ipos-q2-2021\/\">IPOs<\/a> are expensive, and those costs have eaten into pre-tax profits which rose by only 3%, to \u00a332.9 million.<\/p>\n<p>The easing of restrictions risks sales at the company coming down to earth with a bump but the stop start nature of the recovery, has kept the sales rolling in for now, albeit at a slower pace. Headline revenue growth of 45 to 50% compared to its financial year to April 2020, would keep the company high on the hog, but a big chunk of those earnings will be used to capture further market share, rather than end up as profits.<\/p>\n<p>Moonpig is on a quest to get even fatter as it attempts to gobble up an even bigger share of the card market in <a href=\"https:\/\/www.valuewalk.com\/investor-confidence-uk-fall-5%25\/\">the UK<\/a> and the Netherlands. Snuffling out those truffles is likely to be much harder and more costly with competition intensifying from high street and online rivals. But it has now acquired a huge data set on customer choices and preferences, which alongside its flexible delivery options and extended creative ranges, such as augmented reality cards, should help it stay ahead of the herd.\"<\/p>\n<p><em><strong>Article by Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown<\/strong><\/em><\/p>\n<hr \/>\n<p><strong>About Hargreaves Lansdown<br \/>\n<\/strong><\/p>\n<p>Over 1.6 million clients trust us with \u00a3132.9 billion (as at 30 April 2021), making us the UK\u2019s largest digital wealth management service. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month.<\/p>\n ","protected":false},"excerpt":{"rendered":"<p>Moonpig Group PLC (LON:MOON)&#8217;s revenue of 368.2 million pounds ($508.8 million), up 113%, in the 12 months to the end &#8230; <a title=\"Pandemic Sends Moonpig&#8217;s Sales Flying But Revenue Growth Forecast To Slow\" class=\"read-more\" href=\"https:\/\/www.valuewalk.com\/pandemic-sends-moonpig-sales-flying\/\" aria-label=\"More on Pandemic Sends Moonpig&#8217;s Sales Flying But Revenue Growth Forecast To Slow\">Read more<\/a><\/p>\n","protected":false},"author":19164,"featured_media":2338740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6640],"tags":[649219,645498],"states":[],"acf":[],"modified_by":"Umair Tariq","_links":{"self":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2351360"}],"collection":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/users\/19164"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/comments?post=2351360"}],"version-history":[{"count":0,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2351360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media\/2338740"}],"wp:attachment":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media?parent=2351360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/categories?post=2351360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/tags?post=2351360"},{"taxonomy":"states","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/states?post=2351360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}