Visant Corp. Reports Dip in Net Sales and Income
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Net sales for the Memory Book segment were $375.9 million, a decrease of 3 percent compared to $386.8 million for the 2009 fiscal year. This decrease was primarily attributable to lower volume.
Net sales for the Marketing and Publishing Services segment decreased $10.7 million, or 3 percent, to $395.3 million during the fiscal year ended Jan. 1, 2011 from $406.0 million for fiscal 2009. This decrease was primarily attributable to lower volume in our publishing services operations offset in part by higher volume in our sampling and direct marketing operations.
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