Wednesday, May 22 2013 11:51 AM EDT2013-05-22 15:51:34 GMT
The body of a Vermont man was found floating offshore of Lower Matecumbe Key, Florida Sunday. Florida police say the body was identified Monday as 55-year-old Mark Parent, of Enosburg, Vt. Someone calledMore >>
The body of a Vermont man was found floating offshore of Lower Matecumbe Key, Florida Sunday. More >>
Wednesday, May 22 2013 10:09 AM EDT2013-05-22 14:09:35 GMT
A car struck the Kinney Drugs located on Shelburne Road in Burlington, Vt. Wednesday morning.Police say Frederick Gundlach, 74, of Burlington, Vt. was trying to turn around in the parking lot of the storeMore >>
A car struck the Kinney Drugs located on Shelburne Road in Burlington, Vt. Wednesday morning.More >>
Wednesday, May 22 2013 9:30 AM EDT2013-05-22 13:30:21 GMT
An agreement has been reached between the state of New York and the St. Regis Mohawk tribe. The tribe will have exclusive rights to the casino gambling in the North Country. It also means they will haveMore >>
An agreement has been reached between the state of New York and the St. Regis Mohawk tribe. More >>
Wednesday, May 22 2013 8:35 AM EDT2013-05-22 12:35:35 GMT
FBI agents shot and killed a suspect they believe may have known the Boston bombing suspects in an apartment complex in Florida. ABC News reports while law enforcement officials were asking about the suspect'sMore >>
FBI agents shot and killed a suspect they believe may have known the Boston bombing suspects in an apartment complex in Florida.More >>
Wednesday, May 22 2013 8:09 AM EDT2013-05-22 12:09:42 GMT
A Burlington restaurant did some tipping of their own to help out a local charity. The Scuffer Steak and Ale House on Church Street donated 15% of their profits last night to the Humane Society of ChittendenMore >>
A Burlington restaurant did some tipping of their own to help out a local charity.More >>
Wednesday, May 22 2013 7:18 AM EDT2013-05-22 11:18:54 GMT
With gas prices rising rapidly, Senator Bernie Sanders (I-Vt.) wants to see federal regulators follow the lead of Europeans and investigate oil and fuel price manipulation. Sanders also proposed a 30 dayMore >>
With gas prices rising rapidly, Senator Bernie Sanders (I-Vt.) wants to see federal regulators follow the lead of Europeans and investigate oil and fuel price manipulation.More >>
Tuesday, May 21 2013 9:56 PM EDT2013-05-22 01:56:07 GMT
People in Pat O'Hagan's small hometown of Sheffield say there is a bit a closure. That this week's developments end some of the two-and-a half year old mystery. Friends and neighbors say all this beginsMore >>
People in Pat O'Hagan's small hometown of Sheffield say there is a bit a closure.More >>
Tuesday, May 21 2013 7:29 PM EDT2013-05-21 23:29:47 GMT
Chittenden Solid Waste District general manager Tom Moreau says the chemical aminopyralid is the herbicide found in Green Mountain Compost that ruined up to five hundred gardens last year including his. "We'reMore >>
The herbicide likely came from hay that came to the compost through manure.More >>
Tuesday, May 21 2013 7:23 PM EDT2013-05-21 23:23:32 GMT
For the first time in more than a year, we're hearing from the couple accused of brutally killing a popular St. Johnsbury teacher, Melissa Jenkins. Both Allen and Patricia Prue spoke in court today -More >>
For the first time in more than a year, we're hearing from the couple accused of brutally killing a popular St. Johnsbury teacher, Melissa Jenkins. Both Allen and Patricia Prue spoke in court today - requesting new attorneys. More >>
Tuesday, May 21 2013 6:25 PM EDT2013-05-21 22:25:01 GMT
Voters across the state of New York headed to the polls on Tuesday to vote on their school districts budgets and elect school board members. For voters in Peru, NY the reaction to the proposed budget isMore >>
Voters across the state of New York headed to the polls on Tuesday to vote on their school districts budgets and elect school board members. More >>
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SOURCE Hallmark Cards, Inc.
KANSAS CITY, Mo., March 8, 2013 /PRNewswire/ -- Hallmark Cards, Inc., today announced consolidated revenue of $4.0 billion for the year, a 2 percent decrease from the previous year.
While 2012 business performance fell slightly short of expectations, Hallmark President and CEO Donald J. Hall, Jr., cites several reasons why he remains optimistic about the long-term future for the company.
"We have two of the world's most trusted brands in Hallmark and Crayola, strong relationships with many of the world's top retailers and a branded entertainment network that is reaching a growing number of consumers' homes," Hall said. "I'm confident we are on the right path for growth as we continue to invest in the business, deliver new greetings products, grow with innovation and closely manage costs."
Hallmark North America saw positive consumer reaction to several greeting card innovations, including the new handcrafted Hallmark Signatures Collection, and interactive cards introduced during the holiday season. However, continued cautious consumer spending led to a 3 percent decline in revenue for the operating unit which includes greetings, gift wrap, partyware and gifts.
Hallmark's Crayola subsidiary ended the year flat to 2011 although retail sales during the key back-to-school season were strong. The company continues to focus on innovation and several new products were named "Toy of the Year" by various trade groups. In addition, Target named Crayola a "Supplier of the Year."
A new lineup of original programming helped generate strong ratings for Crown Media's Hallmark Channel and Hallmark Movie Channel. Publicly traded Crown Media, in which Hallmark is a majority owner, posted an 8 percent increase in total revenue; the company announced full year results on Feb. 22, 2012.
The challenging business environment in the U.K. and Australia resulted in a 3 percent revenue decline for Hallmark International. Soft hotel bookings led to a 6 percent revenue decline for Hallmark's Crown Center real estate subsidiary while the new SEA LIFE Kansas City Aquarium and LEDGOLAND Discovery Center Kansas City brought increased visits to the area.
Kansas City-based Hallmark is privately held and does not release earnings.
About Hallmark Hallmark makes the world a more caring place by helping people express what's in their hearts and connect in meaningful ways – a privilege few other companies in the world enjoy. Hallmark greeting cards and other products are found in 39,000 retail outlets in the United States, including the network of flagship Hallmark Gold Crown® stores. The brand also reaches people online at Hallmark.com and on television through Hallmark Hall of Fame original movies and cable's Hallmark Channels. Worldwide, Hallmark offers products in more than 30 languages available in 100 countries. This privately held company is based in Kansas City, Mo., and is led by the third generation of the founding Hall family. Visit http://corporate.hallmark.com for more details.