Claire's Stores, Inc. to Present at the Roth Capital Partners New York Conference.PEMBROKE PINES Pembroke Pines, city (1990 pop. 65,452), Broward co., SE Fla., a residential suburb between Miami and Fort Lauderdale; inc. 1961. A significant retirement community, the suburb grew rapidly in the late 20th cent., and more than doubled in size between 1990 and 2000. , Fla. -- Claire's Stores, Inc. (NYSE NYSE See: New York Stock Exchange :CLE Cle total elimination clearance. ) will be presenting on September 14, 2004, at the Roth Capital Partners Roth Capital Partners, LLC, is a full service Investment Banking firm, specializing in the small and micro cap markets. Roth’s focus, according to its official website, "has been, is, and will continue to be providing the full spectrum of investment banking services, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Conference. Claire's Stores, Inc. is a leading international specialty retailer offering value-priced costume jewelry costume jewelry n. Jewelry made from inexpensive metals and imitation or semiprecious stones. and accessories to fashion-aware 'tweens, teens and young adults through its two store concepts: Claire's and Icing by Claire's. The latter operates only in North America, while Claire's Stores operates in North America and also in seven European countries. In addition, Claire' Stores operates in Japan, the Middle East and South Africa under joint venture or licensing agreements. Our current store count, including our joint venture and licensed stores, is approximately 3,000. Claire's Stores primarily caters to fashion-conscious 'tweens and teens in the 7-17 age range, while Icing by Claire's primarily caters to fashion-conscious teens and young women aged 17-27. Our merchandise typically ranges in price from $2 to $20, with the average product priced at approximately $4. Our stores share a similar format and our different store concepts and trade names allow us to have multiple store locations in a single mall. We believe that our stores are one of the largest and most successful chains of specialty retail stores in our niche market. Our business model is to offer the customer a compelling price/value relationship and a wide array of products from which to choose. We strive to do this in a setting in which shopping is fun, customer service is emphasized and our customers are provided with the opportunity to browse among an enormous selection of inventory that helps them discover and develop their own personal styles. Among our core customers, Claire's Stores has almost universal name recognition and is repeatedly named in surveys of our core customers as one of their top two destinations for costume jewelry and accessories. In Fiscal 2004, which ended January 31, 2004, our net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight increased 13% to $1.13 billion. Net income rose 48% in Fiscal 2004 to $115 million. Our comparable store sales for the year rose by 7%, after achieving a 5% increase in Fiscal 2003. During the first half of Fiscal 2005, our comparable store sales rose by 11%. About the Roth Capital Partners New York Conference This annual event is the largest in the nation for emerging growth companies. It provides a concentrated forum where Institutional Investors can meet the executives of growth companies handpicked by Roth Capital's research team. The conference will highlight approximately 225 companies from industry groups, including Health Care/Life Sciences; Consumer Products; Defense & Industrial Technologies; Digital Media, IT & Entertainment; Broadband & Fiber Optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber ; Gaming; and Business and Banking/Financial Services. This year, as a result of numerous client requests, Roth has extended the conference to three working days, including a Discovery Day, which will be hosted by RedChip Resources, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . For more information about the conference visit: http://www.rothcp.com/Conf%20NY%20Web%20Site/Roth.htm?content=home. |
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