Visant Announces Q3 Results, Reports Consolidated Net Loss of $27 Million

For the nine months ended September 28, 2013, consolidated net sales were $901.0 million, a decrease of approximately 3.2 percent, compared to $930.4 million for the nine months ended September 29, 2012. Consolidated net income decreased to $14.7 million during the nine-month period ended September 28, 2013 compared to net income of $27.0 million for the comparable period in fiscal year 2012. Consolidated Adjusted EBITDA totaled $251.5 million for the nine-month period ended September 28, 2013, a decrease of 4.1 percent, compared to Adjusted EBITDA of $262.1 million for the comparable period in fiscal year 2012.