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

The Marketing and Publishing Services segment reported Adjusted EBITDA of $21.7 million for the third fiscal quarter of 2013 compared to $25.2 million for the third fiscal quarter of 2012. This decrease was primarily due to lower volume and a shift in sales mix in our sampling operations. In addition, the third fiscal quarter of 2012 included $1.4 million of Adjusted EBITDA attributable to the integrated marketing programs produced under the collaborative business arrangement in which Visant participated with an affiliate until the third fiscal quarter of 2012.