Visant Posts Declines in Net Sales Across All Three Market Segments

ARMONK, NY—August 13, 2012—Visant Corp. announced its financial results for the second fiscal quarter ended June 30, 2012, including consolidated net sales of $464.7 million, compared to $493.1 million for its second quarter ended July 2, 2011, a decrease of approximately 6 percent.

The company reported consolidated net income of $56.6 million for the quarter vs. net income of $60.6 million for the second quarter of 2011. Its Adjusted EBITDA was $172.8 million, a decrease of $18.4 million compared to consolidated Adjusted EBITDA of $191.2 million for the second fiscal quarter of 2011.