-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JP27mf219J/TWXiSZ2yzShazBI+FS2TYRwxbOxuQgYIK01BN+U/Kv0LFxh2sdb9/ OO2t0OVDSFu2YZQS8QCoXQ== 0000950116-03-003125.txt : 20030703 0000950116-03-003125.hdr.sgml : 20030703 20030703132036 ACCESSION NUMBER: 0000950116-03-003125 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030703 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: A C MOORE ARTS & CRAFTS INC CENTRAL INDEX KEY: 0001042809 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOBBY, TOY & GAME SHOPS [5945] IRS NUMBER: 223527763 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23157 FILM NUMBER: 03774676 BUSINESS ADDRESS: STREET 1: 500 UNIVERSITY COURT CITY: BLACKWOOD STATE: NJ ZIP: 08012 BUSINESS PHONE: 6092286700 MAIL ADDRESS: STREET 1: 500 UNIVERSITY COURT CITY: BLACKWOOD STATE: NJ ZIP: 08012 8-K 1 eightk.txt 8-K ================================================================================ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): July 3, 2003 A. C. MOORE ARTS & CRAFTS, INC. ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) ____________________
Pennsylvania 000-23157 22-3527763 ---------------------------- ----------------------- ------------------ (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation or Identification No.) organization)
_____________________ 500 University Court Blackwood, NJ 08012 ------------------------------------------------------------ (Address of principal executive offices, including zip code) (856) 228-6700 ----------------------------------------------- (Registrant's telephone number, including area code) Not Applicable (Former name or former address, ----------------------------------------------- if changed since last report) ================================================================================ A. C. MOORE ARTS & CRAFTS, INC. FORM 8-K ITEM 7. Financial Statements and Exhibits Exhibits 99.1 Press Release dated July 3, 2003. ITEM 9. Regulation FD Disclosure In accordance with SEC Release No. 33-8216, the following information is being provided under "Item 12. Results of Operations and Financial Condition." On July 3, 2003, the Registrant issued a press release. A copy of the press release is attached as Exhibit 99.1 to this report. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. A. C. MOORE ARTS & CRAFTS, INC. Date: July 3, 2003 By: Leslie H. Gordon ------------------------------- Leslie H. Gordon Chief Financial Officer and Executive Vice President EXHIBIT INDEX Exhibit No. Description ----------- ----------- 99.1 Press Release dated July 3, 2003 EX-99 3 ex99-1.txt EXHIBIT 99.1 PRESS RELEASE Exhibit 99.1 A.C. MOORE_________________________________ General Office o Distribution Center 500 University Court o Blackwood, New Jersey 08012 Phone: (856) 228-6700 Fax: (856) 228-0080 For: From: A.C. Moore Arts & Crafts, Inc. Gregory FCA Communications, Inc. Leslie Gordon For More Information Contact: Chief Financial Officer Joe Anthony (856) 228-6700 (610) 642-8253 For Immediate Release A.C. Moore's Second Quarter Comp Store Sales Increase 4% Company Expects to Beat Consensus Earnings Estimates Blackwood, New Jersey, July 3, 2003 - A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR) reported today sales of $93.7 million for the second quarter ended June 30, 2003, an increase of 13% over sales of $82.9 million during the second quarter of 2002. Same store sales increased by 4% on top of a same store sales increase of 10% in the second quarter of 2002. For the six months ended June 30, 2003, sales were $185.7 million, an increase of 10% over sales of $168.7 million in the first six months of 2002. Comparable store sales grew by 1% for the period, on top of a same store sales increase of 12% in the first half of 2002. Jack Parker, Chief Executive Officer, stated, "Many of the merchandising initiatives that we have undertaken in the first half of this year are helping to drive sales. With the strong sales performance, we anticipate that our profits for the quarter will beat the consensus estimate of $0.04 per share. We are maintaining our forecast for the year at $0.84 to $0.88 per share." Second quarter earnings will be released on July 16, 2003 and the Company will host a conference call at 5:00 P.M. EDT. Investors will have the opportunity to listen to the conference call live over the Internet through the Company's investor relations portion of its website at www.acmoore.com. The Company also announced that on Wednesday, July 9th, they will be presenting at the CIBC World Markets Third Annual Consumer Growth Conference in Boston. A webcast of their presentation, including slides, will be broadcast from the Investor Relations page of the Company's website www.acmoore.com beginning at approximately 8:15 a.m. EDT. To listen to the live presentation, please go to the website at least fifteen minutes early to register and download any necessary audio software. For those who cannot listen to the live broadcast, a replay will be available approximately two hours after the presentation and will be archived for thirty days. A.C. Moore operates arts and crafts stores that offer a vast assortment of traditional and contemporary arts and crafts merchandise for a wide range of customers. The Company operates 74 stores in the eastern United States. # # # This press release contains statements that are forward-looking within the meaning of applicable federal securities laws and are based on A.C. Moore's current expectations and assumptions as of this date. The Company undertakes no obligation to update or revise any forward-looking statement whether the result of new developments or otherwise. These statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Factors that could cause actual results to differ from those anticipated include, but are not limited to, customer demand and trends in the arts and crafts industry, related inventory risks due to shifts in customer demand, the effect of economic conditions, the impact of adverse weather conditions, the impact of competitors' locations or pricing, the availability of acceptable real estate locations for new stores, difficulties with respect to new system technologies, supply constraints or difficulties, the effectiveness of advertising strategies, the impact of the threat of terrorist attacks and war, and other risks detailed in the Company's Securities and Exchange Commission filings. -----END PRIVACY-ENHANCED MESSAGE-----