UPDATE: American Greetings Posts Drop In Q1 Profit

by Lisa Levin, Benzinga Editor
June 28, 2012 9:34 AM | 16 seconds read |
American Greetings AM reported a drop in its first-quarter earnings. American Greetings posted its quarterly earnings at $7.25 million, or $0.20 per share, down from $32.5 million, or $0.78 per share, in the year-ago period. Its sales dropped 2.2% to $393.1 million. American Greetings shares closed at $14.26 yesterday.
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