(Logo: NewsCom: http://www. In other words, the gift itself
(e.
The purchase incidence among 15 leading gift categories is also
researched, including
Christmas-themed ornaments and decorations.com, Small Business Retailers
Sell 70 Percent of
Valentines Day Gifts the Week Before the Holiday
PHOENIX, Small business retailers say they
sell
more Valentines Day gifts to people buying for their boy or girlfriend, and
most of the sales
take place the week before Valentines Days, according to
survey results released today by DollarDays
International. "According to these survey results, Valentines Day is
an important retailing holiday
with specific demographics, and carrying unique
items geared toward their customer can help stores
compete against small and
big box retailers.
Business Editors
PHILADELPHIA
----CSS Industries, Inc. Commerce Department issued its
preliminary determination in the anti-dumping
duty investigation on
certain tissue paper products imported from China.
silverhawk tannenbaum
Out of the total
$2
,062 annual gifting budget, the typical gifter spends only 40% at Christmas,
leaving 60% of gift spending
occurring over the course of the year.05 per diluted share. The Company's highly seasonal orientation
results in operating losses in the first and fourth quarters of the
fiscal year and operating
profits in the second and third quarters. "We are disappointed
in these results and have taken several
steps to improve them for next
year.Gifts with a holiday theme, for Christmas, Easter, and other
festive occasions.
50th silverhawk
Capturing a greater share of the gifting marketplace,
therefore, is a significant
marketing opportunity for product marketers and
retailers.;
Inspirational-themed gifts; Glass
figurines and/or sculpture; China and/or
tabletop gifts, such as serving pieces, candlesticks, vases
, etc.
Chapter 8: About the Different Types of Gifting Shoppers
Chapter 9: About Maximizing
Sales to the Gifting Market:
Chapter 10: Future Vision - Projections for Christmas 2004
Post-Election 2004 Consumer Gifting Survey Results
For more information visit
http://www.16 per share in the current quarter.16 per share) and the third quarter year to date
results
, we now expect EPS growth for the fiscal year of between 0%
and 5%," said David Erskine, President
and CEO.01 $2.inflatables quinceanera
05
========= ========= ========= =========
WEIGHTED
AVERAGE SHARES
OUTSTANDING
Basic 11,952 11,841 11,929 11
,730
========= ========= ========= =========
Diluted
12,523 12,592 12,607 12,335
========= =========
========= =========
CASH DIVIDENDS PER SHARE OF
COMMON STOCK $.10
$.sheerlund ornaments
By researching the gifting experience, Unity Marketing presents a major
new research
study of the gifting market.com/reports/c15388
Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.
The decrease in sales for the nine months
ended December 31, 2004
was primarily the result of lower ribbon and bow sales, the absence of
sales
related to a product line which was sold in July 2003 and the
later timing of Valentine shipments
which pushed sales into the fourth
quarter.227
========= =========
========= =========
----------------------------------------------------------------------
COMPREHENSIVE
INCOME
Net income $ 23,971 $ 27,397 $ 35,177 $ 37,574
Change in fair
value of
interest rate swap
agreements, net - 149 -
269
Foreign currency translation
adjustment (8) -
(3) 17
--------- --------- --------- ---------
Comprehensive
income $ 23,963 $ 27,546 $ 35,174 $ 37,860
========= =========
========= =========
CSS INDUSTRIES, INC.50th quinceanera
That means almost one out of every
ten
dollars spent at retail is to buy a gift.g.
When submitting a site, please place it in the
most appropriate category.
50th groundhog
com/reports/c15388) has announced the addition
of Gifting Report, 2004:
The Who, What, Where, How Much and Why of Gift Giving
+ Shopping to their offering.
This in
-depth report, based upon both qualitative and quantitative
research, provides powerful new insights
into why people buy gifts and ways
marketers and retailers can gain a greater share of gifting spending
.91 per diluted share, compared to prior year net income of
$27,397,000, or $2.79
per diluted share
, compared to a prior year net income of $37,574,000,
or $3. The
Company's exposure is estimated
to be in the range of approximately
$.punxsutawney lighted
DUBLIN, Ireland, Research and Markets
(http://www. Net
income decreased 6% to $35,177,000, or $2. International Trade Commission, which are expected to be
issued in February 2005 and March 2005, respectively, and any reviews
that may be undertaken by
the Commerce Department thereafter.
"Reflecting the estimated maximum exposure to tissue duties
(approximately $.tannenbaum inflatable
Unmarried Couples Buy More Valentines Day Gifts Than Married Couples
"Waiting until
the last
minute to buy a Valentines Day gift gives the unmarried sweethearts the
opportunity to
change the recipient of their affection.CSS Industries Inc. Reports Sales and Earnings for the Quarter
and Nine Months Ended December 31 2004
In September 2004, the U. As a result of this
determination
, the Company and other importers are required to post
bond or a cash deposit upon importation of
these products at rates
reflecting the Commerce Department's estimate of the duties that may
be
imposed on these products. These steps include the identification of new tissue sources
that are
not subject to duty, as well as the negotiation of new
freight arrangements," he continued.
CSS
is a consumer products company primarily engaged in the
manufacture and sale to mass market retailers
of seasonal, social
expression products, including gift wrap, gift bags, boxed greeting
cards
, gift tags, tissue paper, paper and vinyl decorations, classroom
exchange Valentines, decorative
ribbons and bows, Halloween masks,
costumes, make-ups and novelties, educational products and Easter
egg
dyes and novelties.18 $2.inflatables thanksgiving
'verb'),
rather than focus solely on the gift. Marketers and
retailers can
put these insights to work to increase gift sales and build repeat gifting
business
.
This research is sponsored in part by the gift industry's most
forward-thinking companies
, including Department 56, Glass Baron, Lenox,
Longaberger, and Walt Disney, among others.
DollarDays International is a premier Internet-based product wholesaler to
small businesses and local
distributors.
"For years DollarDays sales associates have helped retailers stock their
stores
with gifts and other Valentines Day novelties, but we were curious
about their customer's buying
habits," said Marc Joseph, chief executive
officer of DollarDays."
According to results, 56
percent of retailers say Valentines Day is a big
selling period for their store with just over half
(51 %) saying it's bigger
than Mother's Day.
The survey also shows that 43 percent are buying
Valentines Day items for
their boy or girlfriend, compared to 26 percent for spouses, and just 11
percent for friends.
Consequently, DollarDays International helps small stores to complete with
big
chains more closely on both selection and price. Net income decreased 13% to $23,971,000, or
$1.16 per diluted share.inflatables lighted
).com and in the company's online newsletter.18 per diluted share. Actual
events or results may
differ materially from those discussed in forward-looking statements
as
a result of various factors, including without limitation, general
market conditions, increased competition
, and other factors described
in the Company's Annual Report on Form 10-K for the fiscal year ended
March 31, 2004.31 $2.halloween festive
newscom. By combining
elements of both word-of-mouth and sampling, gifting
magnifies and intensifies
the marketing power of both to influence future shopping behavior of the
gift
giver and recipient. The poll was featured on
http://www.
All statements other than statements
of historical fact included
in this press release are "forward-looking statements" within the
meaning
of the Private Securities Litigation Reform Act of 1995.20
=========
========= ========= =========
Diluted $1.silverhawk quinceanera
researchandmarkets.; China or
porcelain figurines and/or sculpture; Flowers, plants and/or garden
accessories, including cut
flowers and bouquets; Personalized, customized,
etched, engraved, monogrammed giftware; Jewelry and
/or watches; Personalized
photography items, such as personalized albums, pictures, etc.
The
survey also detailed the most popular Valentines Day items sold in
participating stores. In November
2004 and January 2005, the
Commerce Department denied requests to reduce these deposit rates
pending
the issuance of its final determination.03 to $.gag tannenbaum
g.79 $3.mardi celebrate
g. How people choose across the wide range
of gifting options is
explored, including gift certificates and cash, home furnishings,
entertainment
, apparel, gifts of experience, etc. For the nine months ended
December 31, 2004, sales decreased
by 1% to $478,435,000 from
$484,846,000 in 2003.S. AND SUBSIDIARIES
CONDENSED
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(In thousands)
December 31, March 31, December 31,
2004 2004 2003
-------- --------
--------
ASSETS
------
CURRENT ASSETS
Cash and cash equivalents
$ 18,845 $ 93,191 $ 12,158
Accounts receivable, net 214,715 40,460
215,377
Inventories 81,652 94,459 76,187
Deferred income
taxes 7,491 7,937 7,179
Other current assets 13,719
12,987 11,934
-------- -------- --------
Total current assets 336,422 249,034 322,835
-------- -------- --------
PROPERTY, PLANT AND EQUIPMENT, NET 77,681 81,193
82,959
-------- -------- --------
OTHER ASSETS
Intangible assets, net 35,506 35,619 36,995
Other
4,852 4,551 4,473
-------- ------
-- --------
Total other assets 40,358 40,170 41,468
-------- -------- --------
Total assets
$454,461 $370,397 $447,262
======== ======== ========
LIABILITIES AND STOCKHOLDERS'
EQUITY
-----------------------------
CURRENT
LIABILITIES
Notes payable $ 19,000 $ - $ 28,980
Current portion
of long-term
debt 10,000 - -
Other current
liabilities 95,609 61,221 95,653
--------
-------- --------
Total current liabilities 124,609 61,221 124,633
-------- -------- --------
LONG-TERM DEBT, NET OF CURRENT
PORTION 40,000 50,251 50,000
-------- -------- --------
LONG-TERM OBLIGATIONS 3,602
3,631 3,564
-------- -------- --------
DEFERRED
INCOME TAXES 6,451 6,142 9,098
-
------- -------- --------
STOCKHOLDERS' EQUITY 279,799 249,152 259
,967
-------- -------- --------
Total liabilities
and
stockholders' equity $454,461 $370,397 $447,262
======== ======== ========
meaningfully silverhawk
A key finding
from this research is that the
majority of gift shopping takes place
throughout the year, not just during the last two months.
Retailers need to
carry more light hearted items that don't put too much love pressure on a
couple
. These include:
17 percent stuffed animals;
16 percent gift baskets;
15 percent
flowers;
13 percent chocolate candy;
11 percent jewelry;
10 percent adult cards;
and
10 percent boxed cards for children. AND SUBSIDIARIES
CONSOLIDATED RESULTS
OF OPERATIONS
(Unaudited)
(In thousands, except
per share
amounts)
Three Months Ended Nine Months Ended
December 31, December 31,
----------
--------- -------------------
2004 2003 2004 2003
--------- --------- --------- ---------
SALES
$247,169 $247,394 $478,435 $484,846
--------- ----
----- --------- ---------
COSTS AND EXPENSES
Cost of sales 184,656 176
,443 353,270 350,718
Selling, general and
administrative expenses 24,221 27
,048 68,984 73,036
Interest expense, net 906 1,185 2,032 2,874
Other expense (income) 49 192 (643) (310)
--------- --------- --------- ---------
209,832 204,868
423,643 426,318
--------- --------- --------- ---------
INCOME
BEFORE INCOME TAXES 37,337 42,526 54,792 58,528
INCOME TAX EXPENSE
13,366 15,129 19,615 20,954
--------- --------- -----
---- ---------
NET INCOME $ 23,971 $ 27,397 $ 35,177 $ 37,574
========= ========= ========= =========
NET INCOME PER COMMON SHARE
Basic $2.easter radiance
com
Fax: +353 1 4100 980
"
In addition
, retailers note that only 16 percent of customers complain
about having to buy a Valentines Days
gift compared to 82 percent who say they
actually like shopping for this occasion. At http://www
.
Forward-looking statements are based on the beliefs of the Company's
management as well as assumptions
made by and information currently
available to the Company's management.figurines meaningfully
; Candles and
candle accessories;
Crystal stemware, bowls, decanters, vases, etc.sheerlund gag
Research and Markets: Out of the total $2 062 annual
gifting budget the typical gifter spends only 40% at Christmas leaving 60% of gift spending occurring
ov
(NYSE:CSS) announced today the results of operations for the third
quarter and nine months
ended December 31, 2004.08 $.expressly sheerlund
People buy and give gifts to build and enhance their emotional
connection
with the recipient.
Below are the ten chapters contained in this study each
one with detailed
data and statistics:
Chapter 1: Gifting Market Study- Who was studied:
Methodology + Research
Chapter 2: About the Gifting Market: Majority of Americans spend over
$250 buying gifts
Chapter 3: About Gift Giving Holidays + Occasions: Christmas
and
birthdays are the primary gifting holiday and occasion
throughout
the year
Chapter 4: About Trends in Gift Giving
Chapter 5: About Selecting the Perfect
Gift: Research reveals attributes
of a good gift
The Perfect Gift
Is Something That the Recipient Will Like but
Is Unlikely to Buy for His or Her Self
Chapter 6: About Selecting the Particular Gift Item
Chapter 7: About Selecting a Store
to Shop for Gifts.researchandmarkets.com, small
storeowners can order their goods -- ranging from
decorative items and
clothing to personal care products and greeting cards -- as well as employ
various
proprietary technologies to instantly create seasonal departments and
marketing materials.silverhawk thanksgiving
The key to crafting an effective gifting marketing strategy is to really
understand the dynamics
of gift giving, shopping and selection. While marketers
focus on designing the next big gift product
and retailers carefully
merchandise their stores with gift ideas, the big opportunity for gift
marketers
and retailers is to enhance the gifting experience (e. The key attributes of what makes a
good gift
are presented, as are the types of stores where gifters prefer to
shop and why.According to Survey
Results From http://www. These negative
factors were partially offset by decreased selling, general
and
administrative expenses, primarily related to compensation, and
reduced interest expense.
The actual amount of
the duties, if imposed, may be higher or lower than the deposit rates,
depending
on the final determinations of the Commerce Department and
the U.30 $.quinceanera lighted
Thus gifting is
an exponential marketing opportunity.DollarDays. The Company is vigorously contesting
the imposition
of these duties, however given the preliminary
determinations of the Commerce Department and the
International Trade
Commission, the Company has established a reserve for its estimated
maximum
exposure of $.
CSS' consolidated results of operations for the quarters ended
December 31, 2004
and 2003 and consolidated condensed balance sheets
as of December 31, 2004, March 31, 2004 and December
31, 2003 follow:
CSS INDUSTRIES, INC.95 $3.punxsutawney groundhog
com/cgi-bin/prnh/20040820/RESEARCH
)
The gifting market that is the buying and giving of gifts to family and
friends, is a $253
billion market. 'noun') becomes the
means to an end and that end is to strengthen relationships.
birthdays,
anniversary, wedding, friendship, etc.DollarDays.
This survey is part of an
ongoing series of DollarDays questionnaires that
gauge the attitude, opinion and general business
conduct of small retailers
nationwide.
About DollarDays International
DollarDays
International is a premiere online wholesaler that helps small
businesses to compete against larger
enterprises by offering more than 30,000
high-quality goods at prices close to those at which large
chains purchase.inflatable gag
69 percent of the store customers buy the week before
Valentines Day.DollarDays
. These sales declines were partially offset by improved
Christmas and Everyday boxed greeting card
sales. The decline in net
income was primarily the result of lower sales and lower margins
caused
by our establishment of a pre-tax reserve of $3,100,000 for
duties that may be imposed on imported
tissue products (discussed
below), higher freight costs and higher material costs.91 $2.figurines quinceanera
For
marketers and retailers gifting
represents a rare and unique opportunity to directly and personally
touch two
target markets at once: the gift giver who buys the gift and the gift
recipient to whom
the gift is given. No other research study has
investigated gifting from the experiential point of
view and in such depth,
including gift giving incidence and spending throughout the whole year,
including
7 major gifting holidays and 12 gifting occasions (e.; Photography-
related gifts, such as frames;
Licensed merchandise; Plush and/or stuffed
animals; Lighted collectible villages, houses and/or cottages;
Wooden baskets,
including handmade collectible baskets.
"These statistics are interesting
," said Joseph. DollarDays International helps its customers to select
those items, both seasonal
and everyday, which sell quickly to promote both a
higher inventory turn and better margins. For
the quarter ended
December 31, 2004, sales of $247,169,000 were flat compared to sales
of $247
,394,000 in 2003.S.festive gag
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