ACMR A.C. Moore Arts & Crafts, Inc. featured news, full reports, and detailed charts
A.C. Moore Arts & Crafts, Inc. (ACMR) Wrap Up:
We are a specialty retailer of arts, crafts and floral merchandise for a wide range of customers. Our first store opened in Moorestown, New Jersey in 1985. As of December 31, 2007, we operated 132 stores in the Eastern United States from Maine to Florida. As of March 16, 2008, we operated 136 stores. Our stores typically range from 20,000 to 25,000 square feet. In 2007, for stores open for the full calendar year, our average net sales per square foot was $198 and our average net sales per store was $4.7 million. We also serve customers nationally through our e-commerce site, www.acmoore.com. Our mission is to be the first choice of our customers for product selection, value and service that inspires and fulfills unlimited creative possibilities. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f27%2f0000893220-08-000853.html#FIS_BUSINESS"AC Moore Arts & Crafts Inc. (ACMR:NASDAQ)
Snapshot of AC Moore Arts & Crafts Inc. (ACMR)
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OPEN
$3.30
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PREVIOUS CLOSE
$3.34
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DAY HIGH
$3.40
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DAY LOW
$3.30
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52 WEEK HIGH
10/21/09 - $5.63
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52 WEEK LOW
11/20/08 - $0.71
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MARKET CAP
83.1M
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AVERAGE VOLUME 3 mo
131.1K
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DILUTED EPS TTM
$-1.34
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SHARES OUTSTANDING
24.7M
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ACMR Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
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ACMR Top Compensated Officers
Executives, Board Directors
Key developments for AC Moore Arts & Crafts Inc. (ACMR)
AC Moore Arts & Crafts Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended October 3, 2009. Sales for the third quarter of fiscal 2009 were $106.1 million, compared to sales of $116.7 million during the third quarter of fiscal 2008. Sales were impacted by operating two fewer stores than during the same period in 2008 and by a decrease in comparable store sales of 7.7%. Pre-tax loss for the quarter was $12.9 million, compared to a pre-tax loss of $4.4 million for the quarter last year. Net loss for the quarter was $12.9 million, or $0.53 per diluted share, compared to a net loss of $7.5 million, or $0.37 per diluted share, for the comparable period last year. Loss before income taxes was $12.9 million against $4.44 million a year ago. Loss from operations was $12.6 million against $4.28 million a year ago. Sales for the nine months ended October 3, 2009 were $319.2 million, compared to sales of $369.6 million during the comparable period of 2008. Sales were impacted by operating fewer stores than during the first nine months in 2008 and by a decrease in comparable store sales of 11.7%. Net loss for the nine months ended October 3, 2009 was $25.4 million, or $1.16 per diluted share, compared to a net loss of $13.6 million, or $0.67 per diluted share, for the same period last year. Prior year results include charges related to the non-cash fixed asset impairment of $0.07 per share. Loss before income taxes was $25.3 million against $13.6 million a year ago. Loss from operations was $24.4 million against $13.03 million a year ago.
AC Moore Arts & Crafts Inc. announced capital expenditures for the third quarter ended October 3, 2009. For the third quarter the company reported capital expenditures of $2.1 million compared to $4.3 million last year.
AC Moore Arts & Crafts Inc. expected to Report Fiscal Year 2009 Results on March 8, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).
ACMR Competitors
| Company | Last | Change |
| Hancock Fabrics Inc | $1.31 USD | +0.05 |
| Jo-Ann Stores Inc | $32.92 USD | +0.11 |
| Target Corporation | $47.46 USD | -0.44 |
| Wal-Mart Stores Inc | $54.28 USD | -0.26 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ACMR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.1x |
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ACMR |
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ACMR transactions
| Type Date |
Target |
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Private Placement
May 27, 2009 |
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More Recent News About A.C. Moore Arts & Crafts, Inc.
More news for ACMR
A.C. MOORE ARTS & CRAFTS, INC. Files SEC form 8-K, Regulation FD Disclosure
Show all filings for A.C. MOORE ARTS & CRAFTS, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for A.C. MOORE ARTS & CRAFTS, INC. 6-Nov-2009Regulation FD Disclosure Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpos...Click here to read the whole Article (external link)
AC Moore Arts & Crafts posts 3Q loss, lower sales
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
AC Moore Arts & Crafts Inc. Q3 2009 Earnings Conference Call
AC Moore Arts & Crafts Inc. (ACMR) Q3 2009 Earnings Call November 6, 2009 10:30 a.m. ET Executives Rick Lepley - President and CEO Dave Stern - CFO Joe Jeffries - COO David Abelman - Chief Marketing and Merchandizing Officer Analysts Holly Guthrie - Boenning & Scattergood Bill Armstrong - C.L. King & Associates Mark Mandel - FTN Equity Capital Markets Presentation Operator Good day and welcome to the ACMR third quarter 2009 earnings conference call. Today's conference is being recorded. At this time for opening remarks and introductions I will turn the conference over to Mr. Rick Lepley please go ahead sir. Rick Lepley Thank you operator good morning. Before we get started today I would like to review with you our Safe Harbor statement. Today's discussion may contain forward-looking statements as such term is defined on the Securities and Exchange Act of 1934 and the regulations there under, including without limitation statements as per the companies financial condition, results of operations, liquidity, capital resources and statements as to managements beliefs, expectations or opinions. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors which may cause actual results to differ materially from those in forward-looking statements. Certain of these risks, uncertainties and other factors as and when applicable are discussed in the companies filings with the securities and exchange commission including its most recent Form 10-K a copy of which may be obtained from the company upon request and without charge. This m...Click here to read the whole Article (external link)
A Sick Day Survival Kit Can Make Even a Case of the Flu Fun and Educational for Kids
BERLIN, N.J.--(BUSINESS WIRE)--Flu season officially begins this month, and many kids are already sneezing and coughing their way home from school early. While health officials can guide parents about how to care for their sick children, they cannot help with another pressing issue on most parents’ minds – “how am I going to entertain my sick child for an entire week at home?†Every parent knows that the hardest time for a sick child is when he or she is recuperating from an illness and is still too ill for contact with other children, but is well enough to feel bored and frustrated. Officials at A.C. Moore Arts & Crafts, Inc., the company dedicated to bringing families together for fun and creativity, recommend that, in addition to stocking up on fever relievers, tissues and hand sanitizer, parents also plan ahead and build a Sick Day Survival Kit for each child in their family.“A sick day does not have to be boring and it does not have to be filled with video games and television,†says David Abelman, A.C. Moore Arts & Crafts Executive Vice President and Chief Marketing and Merchandising Officer. “With a little planning, a sick day can be filled with creativity and learning through arts and crafts. We’ve made it easy for parents to be prepared for sick days with great project ideas and products that will make for an easier sick day for both the parents and their child.â€A.C. Moore has thousands of products and kits that are the perfect remedy for children’s sick days. Their Kids’ Craft & Activity area makes it easy for both parents and children to find the perfect arts & craft project. The company also offers project sugges...Click here to read the whole Article (external link)
Some Retailers Thrive Despite Tight Credit
Last week consumer credit for September fell by $14.8 billion, marking the eighth consecutive month the consumer pulled in his or her horns. Consumers apparently continue to believe they are too highly leveraged and are working to pay down debt. Banks are still tightening lending available to consumers and small businesses, and are even pulling existing credit lines from established customers. It isn't possible to tell from the data if the drop in credit outstanding came from consumers cutting back willingly or from credit being withdrawn. But it may not matter since a drop in credit for whatever reason means lower total consumer spending. Consumer debt as a percentage of income is lower than just a few months ago but still way above normal. It peaked at something like 136% of income and is now closer to 125%. But the long-term average is closer to 93% and things usually revert to the norm. This is not an environment to normally poke around retail stocks. But Jeff Stein of Soleil/Stein Research has indentified a few value-added retailers that offer the consumer a better deal than many others. We have noted Jo-Ann Stores before and Stein had additional comments on the company. The latest data point in the craft industry (roughly 50% of Jo-Ann Stores' sales) suggests the company, which is rated a "buy," is continuing to gain market share. Last week, A.C. Moore reported comp-store sales for the third quarter that were down 7.7%. Jo-Ann Stores had a gain of better than 4% for the same period. The retailer has been the beneficiary of Wal-Mart's TJX is another of the value-focused retailers. You should never rely on the anecdotal but my granddaughter, three-year-old Lola Jane, and I went to the local TJ Maxx store to buy "special" pajamas for her and we couldn't find a parking spot! I also no...Click here to read the whole Article (external link)
A.C. MOORE ARTS & CRAFTS, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
New Star Analyst Rankings for A.C. Moore Arts & Crafts, Inc.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
