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American Greetings Corporation is a privately owned American company and is the world's second largest greeting card producer behind Hallmark Cards. [2] [3] Based in Westlake, Ohio, a suburb of Cleveland, the company sells paper greeting cards, electronic greeting cards, gift packaging, stickers and party products.
The ownership of American Greetings Entertainment was fully retained by the Weiss family, and so on August 28, 2018, the company was spun off from American Greetings as Cloudco Entertainment, becoming a stand-alone company. The previous management was retained, including president Sean Gorman.
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How is American Greetings doing by this quick checkup? At first glance, not so great. Trailing-12-month revenue decreased 1.3%, and inventory increased 28.8%. Over the sequential quarterly period ...
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American Greetings (NYS: AM) is expected to report Q2 earnings on Sep. 28. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year quarter ...
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