Visant Corp. Reports Dip in Net Sales and Income

For the company’s fourth quarter ended Jan. 1, 2011, consolidated net sales were $251.5 million vs. $255.1 million in the previous fourth quarter, a decrease of 1 percent. In addition, it reported a consolidated net loss of $19.9 million for the quarter, compared to net income of $1.3 million for the fourth quarter of 2009. This decrease was primarily attributable to higher interest costs.