American Greetings Corp Cl A
(NYSE: AM)
18.48
+0.06
+0.33%
MORE ON AM
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | American Greetings Corporation |
| Industry: | Specialty Retail |
| Employees: | 26,000 |
DESCRIPTION
| American Greetings Corporation was founded in 1906. The Company is engaged in the design, manufacture and sale of everyday and seasonal greeting cards and other social expression products. Greeting cards, gift wrap, party goods, stationery and giftware are manufactured or sold by the Company in North America, including the United States, Canada and Mexico, and throughout the world, mainly in the United Kingdom, Australia and New Zealand. The Company’s subsidiary, AG Interactive, Inc., distributes social expression products, including electronic greetings, physical products incorporating consumer photos, and a broad range of graphics and digital services and products. The Company’s major domestic greeting card brands are American Greetings, Recycled Paper, Papyrus, Carlton Cards, Gibson, Tender Thoughts and Just For You. The Company’s other domestic products include DesignWare party goods, Plus Mark gift wrap and boxed cards, and AGI In-Store display fixtures. Electronic greetings and other digital content, services and products are available through its subsidiary, AG Interactive, Inc. The Company’s major Internet brands are AmericanGreetings.com, BlueMountain.com, Egreetings.com, Kiwee.com, PhotoWorks.com and Webshots.com. Through its Webshots and PhotoWorks sites, its AG Interactive business also operates an online photo sharing space and provides consumers the ability to use their own photos to create unique, high quality physical products, including greeting cards, calendars, online photo albums and photo books. Its business segments: North American Social Expression Products, International Social Expression Products, AG Interactive and non-reportable operating segments. Its main customers are women and the median age of its consumers is approximately 47. The Company’s business is subject to numerous foreign and domestic environmental laws and regulations maintained to protect the environment. These environmental laws and regulations apply to chemical usage, air emissions, wastewater and storm water discharges and other releases into the environment as well as the generation, handling, storage, transportation, treatment and disposal of waste materials, including hazardous waste. |
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