A number of main UK shares are set to report excessive earnings progress subsequent 12 months after a bumper Christmas spending spree.

Latest knowledge from analytics platform Stocklytics reveals that Tesco added £1bn in worth over the Black Friday weekend! Based on the report, that’s sufficient to “pay for over 36,000 supply drivers a 12 months“.

Naturally, Amazon took the lion’s share of gross sales, including £110bn in the identical interval.

However whereas Black Friday could have crammed many stockings, plenty of spending remains to be to return. I feel the next two retail shares are well-positioned to take pleasure in extra gross sales as Christmas nears.

Curry’s

Relationship again to 1884, high-street electronics large Curry’s (LSE: CURY) is a family title within the UK. This makes a preferred selection for these last-minute present grabs on the way in which dwelling from work on Christmas Eve. Responsible!

From audio system and smartwatches to child’s toys and electrical razors, it’s filled with easy present concepts. 

However that’s not why I purchased the inventory earlier this 12 months.

After rejecting takeover bids from Elliot and JD.com in February, Curry’s share price jumped 45% in a matter of days.

On the time, the price had been in decline since April 2021, shedding 70% of its worth. Nonetheless, the corporate was assured the provides “significantly undervalued” it.

It appears it was proper, because the price has continued to climb since.

Now up 73.4% over the previous 12 months, it’s nearing the very best stage in two years. Price-cutting workout routines mixed with AI-enabled laptop computer gross sales and an improved on-line retailer helped drive the expansion.

However as on-line procuring takes centre stage, it dangers shedding market share to the likes of Amazon and eBay. It should proceed to innovate with distinctive merchandise and aggressive pricing if it hopes to stay related.

Nonetheless, if I had the spare money, I’d purchase extra of the shares at this time.

Card Manufacturing unit

Card Manufacturing unit (LSE: CARD) is a present and celebration provide retailer based mostly in Wakefield, UK. Naturally, it’s the kind of retailer to take pleasure in elevated gross sales over Christmas. 

After itemizing on the London Inventory Alternate in Could 2014, it initially did nicely. The price quickly grew from 200p to a excessive of 399p in September 2015.

Nonetheless, latest efficiency has been disappointing, with the price down 40% prior to now 5 years. This follows a devastating crash in September after its half-year earnings didn’t impress.

Earnings for the interval decreased by virtually 50%, falling from £19.2m to simply £10.5m. This was regardless of a 5.9% income enhance, suggesting the corporate could also be overspending.

If earnings don’t enhance over the Christmas interval, the share price might tank additional.

However the low price may be a chance. With earnings forecast to extend, its ahead price-to-earnings (P/E) ratio is means beneath common, at 5.9. The inventory additionally has respectable analyst protection, with a median 12-month price goal of 166p — up 83.8% from the present 90p price.

However that trajectory could possibly be derailed if key competitor, Moonpig, steals its gross sales. The favored on-line card firm is arguably higher recognized, having spent quite a bit on advertising and marketing. Nonetheless, with a price up 67.5% this 12 months, it’s much less more likely to take pleasure in the identical progress as Card Manufacturing unit.

I solely just lately purchased the share so I don’t plan to purchase extra now. However I’m enthusiastic concerning the firm’s future.