Visant Posts a Larger Net Loss for Latest Quarter on Lower Net Sales

For the nine months ended Sept. 29, 2012, consolidated net sales were $930.4 million, a decrease of approximately 4 percent compared to $971.5 million for the nine months ended Oct. 1, 2011. Consolidated net income was $27.0 million vs. $29.8 million for the comparable period in fiscal year 2011. Consolidated Adjusted EBITDA totaled $262.1 million for the nine-month period, a decrease of $23.3 million compared to Adjusted EBITDA of $285.4 million for the comparable period in fiscal year 2011.