-----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, ONdqqqGLyPUTXqbMH22qme2w4nJXRTJWqDLN9XJxO1PXLpFOYJzTKZagWA8XdwYq UC4ZbdmqixCTdE+Rb16GSw== 0000950116-03-003998.txt : 20031002 0000950116-03-003998.hdr.sgml : 20031002 20031002113320 ACCESSION NUMBER: 0000950116-03-003998 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031002 ITEM INFORMATION: FILED AS OF DATE: 20031002 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: 03922700 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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): October 2, 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) (IRS Employer of incorporation) Identification No.) 500 University Court Blackwood, NJ 08012 ---------------------------------------- ----------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (856) 228-6700 ------------------ Not Applicable ----------------------------------------------- (Former name or former address, if changed since last report) Item 12. Results of Operations and Financial Condition --------------------------------------------- On October 2, 2003, the Registrant issued a press release. A copy of the press release is furnished 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: October 2, 2003 By: /s/ Leslie H. Gordon --------------------------------------- Name: Leslie H. Gordon Title: Chief Financial Officer and Executive Vice President Exhibit Index Exhibit No. Description - ----------- ----------- 99.1 Press Release dated October 2, 2003. 2 EX-99 3 ex99-1.txt EXHIBIT 99.1 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 Crivelli (856) 228-6700 (610) 642-8253 For Immediate Release A.C. Moore's Third Quarter Sales Increase 10% Company Expects to Meet Earnings Estimates Blackwood, New Jersey, October 2, 2003 - A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR) reported today sales of $98.6 million for the third quarter ended September 30, 2003, an increase of 10% over sales of $89.7 million during the third quarter of 2002. Same store sales increased by 2%. For the nine months ended September 30, 2003, sales were $284.2 million, an increase of 10% over sales of $258.4 million in the first nine months of 2002. Comparable store sales grew by 1% for the period, on top of a same store sales increase of 9% in the first nine months of 2002. Jack Parker, Chief Executive Officer, stated, "We saw momentum build throughout the quarter with September, the most important month of the quarter, being the strongest despite the effects of Hurricane Isabel. With our plans fully in place, we are well positioned to maximize sales and profit in the fourth quarter. We anticipate that our profits for the third quarter will meet consensus expectations and we maintain our forecast for the full year to be at the high end of the $0.84 to $0.88 per share range." Third quarter earnings will be released on October 15, 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. 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 78 stores in the eastern United States. 3 # # # 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. 4 -----END PRIVACY-ENHANCED MESSAGE-----