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

Net sales for the Marketing and Publishing Services segment for the third fiscal quarter of 2013 increased $1.2 million to $100.1 million from $98.9 million for the third fiscal quarter of 2012. This increase included sales attributable to the Company's acquisition of SAS Carestia ("Carestia"), a leader in fragrance sampling in Europe, which closed on July 1, 2013. Excluding the impact attributable to the acquisition of Carestia, net sales declined $3.3 million compared to the third fiscal quarter of 2013, primarily due to lower sampling volume in North America.