Visant Reports 2.4% Decrease in 2013 FY Net Sales

Fourth Fiscal Quarter 2013
Net sales for the Scholastic segment were $114.7 million for the fourth fiscal quarter of 2013 compared to $120.7 million for the fourth fiscal quarter of 2012. This decrease was primarily attributable to lower volume of high school jewelry products.

Net sales for the Memory Book segment were $14.8 million for the fourth fiscal quarter of 2013 compared to $16.5 million for the fourth fiscal quarter of 2012. This decrease was primarily attributable to lower volume.