Gymboree Play & Music Franchise News

SAN FRANCISCO - April 25, 2013 /PRNewswire/ - The Gymboree Corporation (the "Company") today reported consolidated financial results for the fourth fiscal quarter and the fiscal year ended February 2, 2013 ("fiscal 2012").
Fourth Quarter Results
Net sales for the 14 weeks ended February 2, 2013 were $397.6 million, an increase of 11.7% compared to $355.8 million in net sales for the 13 weeks ended January 28, 2012. Comparable sales for the fourth quarter of fiscal 2012, decreased 2% compared to the fourth quarter of fiscal 2011. Given the additional week included in the fiscal fourth quarter, the comparable period has been adjusted to reflect a similar 14 week period.
Gross profit for the fourth quarter of fiscal 2012 was $144...

Former Gap North America President Brings Diversified Retail Experience to New Role
SAN FRANCISCO - Jan. 8, 2013 /PRNewswire/ - The Gymboree Corporation ("Gymboree") today announced the appointment of Mark Breitbard as the company's new Chief Executive Officer. An accomplished retail executive, Breitbard will join Gymboree from Gap Inc., where he most recently served as President of Gap North America, and previously as the Executive Vice President of GapKids and babyGap.
Breitbard's appointment at Gymboree is effective January 14, 2013, when he assumes his responsibilities from interim CEO Kip M. Garcia . Garcia will resume his former duties as President when Breitbard joins the company, and interim Chief Operating Officer Yvonne Hao will continue to work closely with the Gymboree management team as she returns to her role as an Operating Partner at Bain Capital...

SAN FRANCISCO, Dec. 5, 2012 /PRNewswire/ -- The Gymboree Corporation (the "Company") today reported consolidated financial results for the third fiscal quarter ended October 27, 2012.
For the third quarter of the fiscal year ending February 2, 2013 ("fiscal 2012"), net sales were $311.5 million, an increase of 2.8% compared to $303.1 million in net sales for the third quarter of the fiscal year ended January 28, 2012 ("fiscal 2011"). Comparable store sales for the third quarter of fiscal 2012 decreased 4% compared to the third quarter of fiscal 2011.
Gross profit for the third quarter of fiscal 2012 was $125.6 million, or 40.3% of net sales, compared to $130.8 million, or 43.2% of net sales, for the third quarter of fiscal 2011...

SAN FRANCISCO, May 23, 2012 /PRNewswire/ -- The Gymboree Corporation today announced it will hold a conference call and webcast to review first fiscal quarter 2012 financial results. The call will be held on Wednesday, June 6, 2012, at 1:00 p.m. Pacific/4:00 p.m. Eastern.
To listen live over the internet, please log on to www.gymboree.com, click on "Company Information" at the bottom of the page, go to "Investor and Media Relations" and then "Conference Calls & Webcasts." A replay of the call will be available two hours after the broadcast through midnight PT, Tuesday, June 12, 2012, at 855-859-2056, passcode 80621956.
About The Gymboree Corporation
The Gymboree Corporation's specialty retail brands offer unique, high-quality products delivered with personalized customer service...

SAN FRANCISCO, April 25, 2012 /PRNewswire/ -- The Gymboree Corporation (the "Company") today reported consolidated financial results for the fourth fiscal quarter and the fiscal year ended January 28, 2012 ("fiscal 2011"). The results for the fourth fiscal quarter and the fiscal year ended January 29, 2011 ("fiscal 2010") presented herein reflect the Company's performance for the "combined period" consisting of the period (the "predecessor period") prior to the November 2010 acquisition of the Company by Giraffe Holding, Inc., an entity controlled by investment funds sponsored by Bain Capital Partners, LLC (the "Acquisition"), as well as the period after completion of the Acquisition (the "successor period"). The addition of the predecessor and successor period amounts is not consistent with accounting principles generally accepted in the United States ("GAAP") and may yield results that are not strictly comparable on a period-to-period basis due to the changes of accounting basis during these periods...

SAN FRANCISCO, April 10, 2012 /PRNewswire/ --The Gymboree Corporation today announced it will hold a conference call and webcast to review fourth quarter and fiscal 2011 financial results. The call will be held on Wednesday, April 25, 2012 at 1:00 p.m. Pacific/4:00 p.m. Eastern.
To listen live over the internet, please log on to www.gymboree.com, click on "Company Information" at the bottom of the page, go to "Investor and Media Relations" and then "Conference Calls, Webcasts & Presentations." A replay of the call will be available two hours after the broadcast through midnight PT, Wednesday, May 9, 2012, at 855-859-2056, passcode 71019106.
About The Gymboree Corporation
The Gymboree Corporation's specialty retail brands offer unique, high-quality products delivered with personalized customer service...

SAN FRANCISCO, Nov. 22, 2011 /PRNewswire/ -- The Gymboree Corporation (the "Company") today reported consolidated financial results for the third fiscal quarter ended October 29, 2011.
For the third fiscal quarter, net sales were $303.1 million, an increase of 7.9% compared to $280.8 million in net sales for the third fiscal quarter of the prior year. Comparable store sales for the quarter increased 2% versus the prior year.
Gross profit for the third fiscal quarter of 2011 was $130.8 million or 43.2% of net sales, compared to $138.8 million or 49.4% of net sales for the third fiscal quarter of 2010. Results for the third quarter of 2011 include approximately $3.4 million of adjustments resulting from the November 2010 acquisition of the Company by Giraffe Holding, Inc...

SAN FRANCISCO, Nov. 16, 2011 /PRNewswire/ -- The Gymboree Corporation today announced it will hold a conference call and webcast to review third fiscal quarter 2011 financial results. The call will be held on Tuesday, November 22, 2011, at 1:00 p.m. PT/4:00 p.m. ET.
To listen live over the internet, please log on to www.gymboree.com, click on "Our Company" at the bottom of the page, go to "Investor and Media Relations" and then "Conference Calls, Webcasts & Presentations." A replay of the call will be available two hours after the broadcast through midnight PT, Monday, November 28, 2011, at 855-859-2056, passcode 26055525.
About The Gymboree Corporation
The Gymboree Corporation's specialty retail brands offer unique, high-quality products delivered with personalized customer service...

SAN FRANCISCO, Feb. 1, 2011 /PRNewswire/ -- The Gymboree Corporation (the "Company") today announced its intention to refinance its existing $820 million senior secured term loan, maturing in 2017, with a new $820 million senior secured term loan facility. The terms of the new facility are expected to be substantially similar to those of the existing facility, except that the new facility is expected not to have any financial maintenance covenants.

The Company anticipates the refinancing process will be completed in the next two weeks. However, there can be no assurance that the Company will enter into the new senior secured term loan facility and refinance its indebtedness under its existing senior secured term loan facility...

SAN FRANCISCO, Nov. 22, 2010 /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) (the "Company") today announced the expiration of the 40-day "go-shop" period provided for in the previously announced merger agreement, dated as of October 11, 2010, which contemplates the acquisition of the Company by Giraffe Acquisition Corporation, a corporation controlled by Bain Capital Partners, LLC.

During the "go-shop" period, which ended at 11:59 p.m., New York City time, on November 20, 2010, the Company's representatives were permitted to solicit inquiries or engage in discussions with third parties relating to "competing proposals." Despite a broad solicitation of potentially interested parties, the Company did not receive any alternative acquisition proposals during the "go-shop" period...

Shareholders to Receive $65.40 in Cash Per Share Transaction Valued at $1.8 Billion SAN FRANCISCO and BOSTON /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) ("Gymboree" or the "Company") and Bain Capital Partners, LLC ("Bain Capital") today announced that they have entered into a definitive agreement under which affiliates of Bain Capital will acquire all the outstanding stock of Gymboree for $65.40 per share, or $1.8 billion.

Under the terms of the agreement, which has been unanimously approved by Gymboree's Board of Directors, Gymboree stockholders will receive $65.40 in cash for each outstanding share of Gymboree common stock they own, which represents a 57.4% premium to the Company's unaffected share price on September 30, 2010, before recent market rumors of a transaction, and a 23...

SAN FRANCISCO /PRNewswire/ -- The Gymboree Corporation (Nasdaq: GYMB) announced that Blair Lambert, COO, and Jeffrey Harris, CFO, will present at the Telsey Advisory Group's Consumer Conference, which will be held at the Mandarin Oriental Hotel in Las Vegas on Tuesday, September 28, 2010, at 10:55 a.m. PT.

To listen to the live broadcast over the Internet, please log on to www.gymboree.com, go to "About Us" at the bottom of the home page, go to "Investors & Media" and then "Conference Calls & Webcasts." The webcast will be archived three hours after the live event and will be available for 14 days, through October 12, 2010. About The Gymboree Corporation The Gymboree Corporation's specialty retail brands offer unique, high-quality products delivered with personalized customer service...

SAN FRANCISCO, Sept. 10 /PRNewswire/ -- The Gymboree Corporation (Nasdaq: GYMB) announced that Jeffrey Harris, CFO, will present at Imperial Capital's 4th Annual Global Opportunities Conference, which will be held at the Grand Hyatt in New York on Wednesday, September 15, at 4:05 p.m. ET.

To listen to the live broadcast over the Internet, please log on to www.gymboree.com, go to "About Us" at the bottom of the home page, go to "Investors & Media" and then "Conference Calls & Webcasts." The webcast will be archived three hours after the live event and will be available for 14 days, through September 29, 2010.

About The Gymboree Corporation
The Gymboree Corporation's specialty retail brands offer unique, high-quality products delivered with personalized customer service...

SAN FRANCISCO /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) reported net sales from retail operations for the second fiscal quarter ended July 31, 2010, of $219.3 million, an increase of 3% compared to net sales from retail operations of $212.3 million for the second fiscal quarter of the prior year. Comparable store sales for the second fiscal quarter decreased 3%.

The Company now expects earnings for the second fiscal quarter to be in the range of $0.40 to $0.42 per diluted share. This represents an improvement from the prior guidance for the second fiscal quarter of $0.33 to $0.37 per diluted share.

"I am pleased to report an improvement in anticipated earnings for the second fiscal quarter," said Matthew McCauley, Chairman and Chief Executive Officer...

SAN FRANCISCO /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) today announced revised earnings expectations for the second fiscal quarter of 2010. The Company now expects earnings per diluted share for the second fiscal quarter in the range of $0.33 to $0.37. This represents an increase from the prior guidance of $0.30 to $0.34 per diluted share. The improvement in the earnings per share outlook is primarily the result of progress achieved with the Company's current share repurchase program during the second fiscal quarter and slightly improved expense management.

On June 8, 2010, the Board of Directors authorized the Company to utilize $100 million of its cash reserves to repurchase shares of the Company's outstanding common stock under a share repurchase program...

SAN FRANCISCO /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) reported net sales from retail operations for the first fiscal quarter ended May 1, 2010, of $250.0 million, an increase of 10% compared to net sales from retail operations of $228.0 million for the first fiscal quarter of the prior year. Comparable store sales for the first fiscal quarter increased 2%.

The Company now expects earnings for the first fiscal quarter to be in the range of $0.96 to $0.98 per diluted share. This represents an improvement from the prior guidance for the first fiscal quarter of $0.94 to $0.96 per diluted share.

"I am pleased with the solid earnings growth we are now expecting for the first fiscal quarter," said Matthew McCauley, Chairman and Chief Executive Officer...

SAN FRANCISCO, /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) announced that Blair Lambert, COO, and Jeffrey Harris, CFO, will present at the Telsey Advisory Group's 2nd Annual Consumer Conference, which will be held at the Westin New York at Times Square in New York on Thursday, April 15, 2010, at 8:10 a.m. ET.

To listen to a live broadcast of The Gymboree Corporation's presentation over the Internet click on "Our Company" at the bottom of the page, go to "Investor and Media Relations" and then "Conference Calls & Webcasts." The webcast will be archived three hours after the live event and will be available for 14 days, through April 29, 2010. About The Gymboree Corporation The Gymboree Corporation's specialty retail brands offer unique, high-quality products delivered with personalized customer service...

SAN FRANCISCO /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) today announced revised earnings expectations for the first fiscal quarter ending May 1, 2010.

Earnings per diluted share for the first fiscal quarter are now expected to be in the range of $0.93 to $0.96. This represents an increase from prior guidance for the quarter of $0.90 to $0.94 per diluted share. The increased earnings expectation is primarily driven by better than anticipated gross margin rates resulting from more effective inventory and markdown management and lower operating expenses.

Comparable store sales for the first fiscal quarter are still expected to increase in the range of mid-single digits. Management Presentation For information about March sales to date, please listen to The Gymboree Corporation's sales recording by calling the Company's Investor Relations Hotline at 415-278-7933...

SAN FRANCISCO /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) today announced it has entered into a multi-year franchise agreement with Azadea G Group Limited, a wholly-owned subsidiary of Azadea Group Holding SAL, to launch the Gymboree retail brand in the Middle East. The first stores are scheduled to open in Dubai during the third fiscal quarter of 2010.

"We are excited to be expanding the reach of the Gymboree retail concept and entering into our first retail franchise relationship," said Matthew McCauley, Chairman and Chief Executive Officer of The Gymboree Corporation. "We are happy to be partnering with a firm like Azadea, which brings years of proven experience introducing new brands to the region, while maintaining impeccable retail standards and the highest quality customer experience...

SAN FRANCISCO /PRNewswire-FirstCall/ -- The Gymboree Corporation (Nasdaq: GYMB) reported net sales from retail operations for the fourth fiscal quarter ended January 30, 2010, of $295.7 million, an increase of 4% compared to net sales from retail operations of $284.8 million for the fourth fiscal quarter of the prior year. Comparable store sales for the fourth fiscal quarter decreased 2%.

The Company now expects earnings for the fourth fiscal quarter to be in the range of $1.08 to $1.10 per diluted share. This represents an improvement from prior guidance for the fourth fiscal quarter of $1.03 to $1.06 per diluted share. For the full fiscal year of 2009, earnings are now expected to be in the range of $3.38 to $3.40 per diluted share, an increase over prior year earnings of $3...