Schawk Reports Net Loss Due to Challenging Americas Market

DES PLAINES, IL—Oct. 31, 2012—Schawk Inc. reported 2012 third-quarter results. Net loss in the third quarter of 2012 was $2.2 million, vs. net income of $8.1 million in the third quarter of 2011. Included in the 2012 third-quarter net loss is $4.3 million of non-cash expense related to the impairment of long-lived assets. In addition, business and system integration expenses for the company’s ongoing information technology and business process improvement initiative increased by approximately $1.0 million for the quarter compared to the prior-year period, which also contributed in part to the decline in net income.