CSS Industries (CSS) Sees Shortfall In Earnings

December 23, 2008 12:41 PM EST

CSS Industries, Inc. (NYSE: CSS) expects diluted earnings per share for its fiscal year ending March 31, 2009 to fall short of the Company’s previous guidance of $2.40 to $2.55 per diluted.

CSS cited the deterioration in the retail environment brought on by the general economic downturn has reduced sales of our everyday products and increased order cancellations and returns of Christmas products


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