Courier Reports Sales Up, Earnings Down Due to Plant Closure

NORTH CHELMSFORD, MA—April 21, 2011—Courier Corp., one of America’s leading book manufacturers and specialty publishers, announced results for the quarter ended March 26, 2011, the second quarter of its 2011 fiscal year.

Revenues were $62.7 million, up 6 percent from last year’s second-quarter sales of $58.9 million. However, earnings were down sharply due to a combination of factors, including restructuring costs associated with the closing of a one-color printing facility in Stoughton, MA, and the write-down of $750,000 in receivables relating to the bankruptcy of Borders Group Inc.