PEMBROKE PINES, Fla., Jan. 30 /PRNewswire-FirstCall/ -- Claire's Stores,
Inc. (NYSE: CLE) is scheduled to participate in the Brean Murray, Carret Small
Cap Institutional Investor Conference on January 31, 2006. Co-Chairman of the
Board and Co-Chief Executive Officer Marla Schaefer and Senior Vice President
and Chief Financial Officer Ira Kaplan will be speaking at 4:00 p.m. EST.
During the presentation, guidance with respect to the Company's fourth
fiscal quarter and full fiscal year, which ended January 28, 2006, will be
reaffirmed. This guidance was issued on November 17, 2005.
A live webcast of Claire's presentation will be available at
http://www.wsw.com/webcast/bmry2/cle/ and archived for seven days for all
interested parties.
Company Overview
Claire's Stores, Inc., is a leading international specialty retailer
offering value-priced costume jewelry and accessories to fashion-aware tweens,
teens and young adults through its two store concepts: Claire's and Icing by
Claire's. While the latter operates only in North America, Claire's operates
internationally. As of December 31, 2005, Claire's Stores, Inc. operated
approximately 2,900 stores in the United States, Canada, Puerto Rico, the
Virgin Islands, the United Kingdom, Ireland, France, Switzerland, Austria,
Germany, Spain, Holland and Belgium. Claire's Stores, Inc. operates through
its subsidiary, Claire's Nippon, Co., Ltd., 172 stores in Japan as a 50:50
joint venture with AEON, Co., Ltd. (fka JUSCO, Co. Ltd.), a $40 billion
specialty retailer headquartered in Japan. The Company also licenses 81
stores in the Middle East and Turkey under a licensing and merchandising
agreement with Al Shaya Co., Ltd. and seven stores in South Africa under
similar agreements with The House of Busby Limited.
Forward-looking Statements
This press release contains "forward-looking statements" which represent
the Company's expectations or beliefs with respect to future events. These
forward-looking statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those anticipated. Those
factors include, without limitation: changes in consumer preferences and
consumer spending for pre-teen, teen and young adult apparel and accessories;
competition; general economic, political and social conditions such as war,
political unrest and terrorism; natural disasters; currency fluctuations and
exchange rate adjustments; changes in laws; uncertainties generally associated
with the specialty retailing business; disruptions in our supply of inventory;
and uncertainty that definitive financial results may differ from preliminary
financial results due to, among other things, final GAAP adjustments. These
and other applicable risks, cautionary statements and factors that could cause
actual results to differ from the Company's forward-looking statements are
included in the Company's filings with the SEC, specifically as described in
the Company's annual report on Form 10-K for the Fiscal year ended January 31,
2005. The Company undertakes no obligation to update or revise any
forward-looking statements to reflect subsequent events or circumstances. The
historical results contained in this press release are not necessarily
indicative of the future performance of the Company.
SOURCE Claire's Stores, Inc.
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Related links:
http://www.clairestores.com
http://www.wsw.com/webcast/bmry2/cle
Company News On-Call:
http://www.prnewswire.com/comp/174913.html
CONTACT:
Marisa Jacobs, Vice President of Corporate
Communications & Investor Relations of Claire's Stores, Inc.,
+1-212-594-3127, Fax: +1-212-244-4237, marisa.jacobs@claires.com
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