Visant Posts Declines in Net Sales Across All Three Market Segments

For the first six months of fiscal year 2012, Visant’s consolidated net sales total $723.5 million, a decrease of approximately 3 percent compared to $743.9 million for the first six months of fiscal year 2011. Consolidated net income increased to $46.5 million, compared to net income of $42.1 million for the comparable period in fiscal year 2011. Consolidated Adjusted EBITDA totaled $223.0 million, a decrease of 7 percent compared to Adjusted EBITDA of $240.0 million for the comparable period in fiscal year 2011.