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Visant reports net loss

March
9

Visant Corp., a marketing and publishing services business in Armonk, reported a consolidated net loss for the fourth quarter of $2.6 million, compared to consolidated net income from continuing operations of $3.3 million a year earlier. Net sales rose 7 percent to $294.2 million.

In 2008, increased sales stemming from acquisitions were offset by lower sales volumes in Visant’s educational book unit and direct marketing operations.

This entry was posted on Monday, March 9th, 2009 at 2:50 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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