CPI Corp. is committed to delivering shareholder value in any economic environment
Market leader in high-margin niche of the retail portrait sector
• Unparalleled geographic coverage, digital capabilities and economies of scale
Successful business model
• Generating improved margins and cash flow, while maintaining lower capital requirements
Financially and operationally sound
• Focused on operational efficiency and customer service, as well as cash generation and capital management to fund future growth
• Portrait studios hosted by Sears (Sears Portrait Studios®) and Walmart (PictureMe Portrait Studios®)
For more than 60 years, CPI Corp. (NYSE: CPY) has been dedicated to helping families conveniently create cherished photography portrait keepsakes that capture a lifetime of memories. Headquartered in St. Louis, Missouri, CPI Corp. provides portrait photography services at approximately 3,000 locations in North America, principally in Sears and Walmart stores. CPI’s conversion to a fully digital format allows its studios to offer unique posing options, creative photography selections, a wide variety of sizes and an unparalleled assortment of enhancements to customize each portrait – all for an affordable price.
CPI Corp. Announces 2012 Third-Quarter Results
ST. LOUIS, Dec. 31, 2012 /PRNewswire/ -- CPI Corp. (OTCQX: CPIC) today reported the results for the fiscal 2012 third quarter ended November 10, 2012.
Fiscal 2012 third-quarter net sales declined 26% to $69.5 million from $94.6 million in the prior-year third quarter.
Third-quarter PictureMe Portrait Studio® brand comparable store sales, described herein, decreased 15% versus the same period last year.
Third-quarter Sears Portrait Studio brand comparable store sales, described herei... |
CPI Corp. Announces Leadership Transition
|Director Jim Abel Named Interim President and Chief Executive Officer
ST. LOUIS, Feb. 9, 2012 /PRNewswire/ -- CPI Corp. (NYSE: CPY; OTCQX: CPIC) today announced that its Board of Directors has named James J. ("Jim") Abel as the company's interim president and chief executive officer. Abel (65) has been an independent director of the company since 2004.
"We appreciate Jim's willingness to step into this interim role to help address our financial and operational challenges," sa... |
CPI Corp. to Trade on OTCQX as "CPIC"
ST. LOUIS, Feb. 8, 2012 /PRNewswire/ -- CPI Corp. (NYSE: CPY) (OTCQX: CPIC) today announced it will commence trading on OTCQX under "CPIC" as of February 9, 2012. The Company previously announced the planned transition from NYSE to OTCQX, the highest tier of the OTC market, on February 3, 2012. Investors will be able to view real time stock quotes for "CPIC" at http://www.otcmarkets.com/stock/5012/quote.
The Company will continue to file periodic and other reports with the Sec... || |
Chief Financial Officer and Senior Vice President of Finance
Phone: 314-231-1575 x4104
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