Company Profile For American Greetings Corporation

American Greetings Corporation 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 in North America, including the United States, Canada and Mexico, and throughout the world, primarily in the United Kingdom, Australia and New Zealand. In addition, its subsidiary, AG Interactive, Inc., distributes social expression products, including electronic greetings, physical products incorporating consumer photos, and a range of graphics and digital services and products, through a variety of electronic channels, including Websites, Internet portals, instant messaging services and electronic mobile devices.As of February 28, 2009, the Company operated in five business segments: North American Social Expression Products, International Social Expression Products, Retail Operations, AG Interactive and non-reportable operating segments.

BRIEF: For the six months ended 28 August 2009, American Greetings Corporation's revenues decreased 6% to $769.3M. Net income totaled $33.1M, up from $15.6M. Revenues reflect a decline in sales form Retail operations. Net income was offset by a decrease in administrative & general expenses, lower material, labor & other production costs, decreased selling, distribution & marketing expenses and an increase in operating profit margin.