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February 13, 2016 3:08 PM ET

Specialty Retail

Company Overview of Claire's Stores Inc.

Company Overview

Claire’s Stores, Inc. operates as a specialty retailer of fashionable jewelry and accessories for young women, teens, tweens, and kids. It sells jewelry products, including earrings, necklaces, bracelets, body jewelry, and rings, as well as offers ear piercing services. The company also sells accessories comprising hairgoods; beauty products; personal, fashion, and seasonal accessories, including phone cases, jewelry holders, stationery, key rings, DIY kits, attitude glasses, headwear, legwear, armwear, and sunglasses; and handbags and small leather goods. It operates stores under the Claire’s and Icing brand names. As of January 31, 2015, the company operated 2,998 stores, including 1,837 s...

2400 West Central Road

Hoffman Estates, IL 60192

United States

Founded in 1961

6,804 Employees

Phone:

847-765-1100

Key Executives for Claire's Stores Inc.

Chief Executive Officer and Director
Chief Financial Officer, Principal Accounting Officer and Executive Vice President
Age: 53
Executive Vice President and General Merchandise Manager of Buying & Design
Executive Vice President of Planning Allocation and Supply Chain for North America
Senior Vice President of Stores
Compensation as of Fiscal Year 2015.

Claire's Stores Inc. Key Developments

Claire's Stores Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 31, 2015

Claire's Stores Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended October 31, 2015. For the quarter, the company reported net sales of $332,677,000 against $350,669,000 for the same period in the last year. Operating income was $21,032,000 against $29,186,000 for the same period in the last year. Loss before income tax expense was $34,264,000 against $24,407,000 for the same period in the last year. Net loss was $35,939,000 against $26,822,000 for the same period in the last year. Adjusted EBITDA was $39,198,000 against $50,666,000 for the same period in the last year. The decrease in Net Sales were attributable to an unfavorable foreign currency translation effect of non-U.S. net sales, the effect of store closures, a decrease in same store sales and decreased shipments to franchisees, partially offset by concession and new store sales. Net sales would have decreased 0.2% excluding the impact from foreign currency exchange rate changes. Capital expenditures were $8.0 million. For the nine months, the company reported net sales of $1,000,259,000 against $1,081,841,000 for the same period in the last year. Operating income was $78,750,000 against $84,168,000 for the same period in the last year. Loss before income tax expense was $86,010,000 against $78,741,000 for the same period in the last year. Net loss was $90,226,000 against $85,533,000 for the same period in the last year. Adjusted EBITDA was $136,734,000 against $163,312,000 for the same period in the last year.

Claire's Stores Inc. to Report Q3, 2016 Results on Dec 01, 2015

Claire's Stores Inc. announced that they will report Q3, 2016 results at 2:37 PM, GMT Standard Time on Dec 01, 2015

Claire's Stores Inc., Q3 2016 Earnings Call, Dec 01, 2015

Claire's Stores Inc., Q3 2016 Earnings Call, Dec 01, 2015

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