McClatchy Reports Final Results For The Third Quarter 2017

Click here (https://security-us.mimecast.com/ttpwp#/checking?key=dG9tLnBhbmtvd0BtaWRsYW5kY28uY29tfHJlcS1lNGUxNTYyN2RiMmY4M2JlYmU4YThmOGQ5MTEyNmNhOA%3D%3D) to review our mailing industry coalition-based letter in support of HR 3076 -The Postal Service Reform Act. We and other organizations and companies who comprise the Coalition for a 21st Century Postal Service have been asked to support this signifcant and helpful bill. Getting this passed with a clear bipartisan majority in the House will grease the skids in the Senate. Constituent influence is the key to getting this done. We hope to obtain as many signatures from companies and trade associations as possible, demonstrating broad support. The ACMA is signing onto the letter and we urge you to review it, then send a quick reply directly to this email whether you’d like your company’s name added or not. Sorry for the short notice, but please get back to us no later than 10:00 am Eastern Time Tuesday, February 1st. This bill is the product of years of work by ACMA and others. As with much Congress does, it is not perfect, but it is clearly helpful and while we will continue to work for improvements, we cannot let perfect be the enemy of good. This is good as written and we must move quickly as things will soon devolve into election year politics and nothing may be possible. ACMA member or not, if you mail, you should support this bill. Please reach out with any questions, and thank you for taking action!

For the fourteen weeks ended February 3, 2018 ("the fourth quarter"), the Company reported net income of $28.0 million, or $0.22 per diluted share, compared to net income of $13.5 million, or $0.10 per diluted share, for the thirteen weeks ended January 28, 2017 ("last year's fourth quarter"). For the fourth quarter, gross margin was $221.6 million, or 37.7% of net sales, compared to $213.4 million, or 35.5% of net sales, in last year's fourth quarter. This 220 basis point increase primarily reflects a 170 basis point improvement in merchandise margin driven by lower average unit costs and a reduction in store occupancy costs. Click Read More below for additional information.

Shutterfly, Inc. and David's Bridal formally announced an expanded partnership. The new collaboration builds off an already successful standing relationship, and makes Shutterfly the exclusively endorsed personalized wedding invitation and personalized photo product partner to David's Bridal. The deal gives Shutterfly direct access to the largest concentration of brides in the US through the David's Bridal website, dedicated emails, direct marketing communications and over 315 retail locations. In addition, brides will be able to choose from a new assortment of expertly curated wedding invitations and day-of stationery designed by David's Bridal beginning in early 2018. The collection will be available through the newly launched Wedding Shop by Shutterfly, and it will provide customers the unique ability to match their stationery "look and feel" with the corresponding David's Bridal color palette they select. Click Read More below for additional information.