July 29, 2014 12:48 PM ET

Media

Company Overview of VISANT Corporation

Company Overview

Visant Corporation, together with its subsidiaries, provides marketing and publishing services for the school affinity, direct marketing, fragrance, cosmetic and personal care sampling and packaging, and educational and trade publishing markets. The company operates in three segments: Scholastic, Memory Book, and Marketing and Publishing Services. The Scholastic segment produces, markets, and sells class rings, as well as various graduation products, including caps, gowns, diplomas and announcements, graduation-related accessories, and other scholastic affinity products to students and administrators in high schools, colleges, and universities through retail channel and online. This segment ...

357 Main Street

Armonk, NY 10504

United States

Founded in 2003

4,247 Employees

Phone:

914-595-8200

Key Executives for VISANT Corporation

Chairman
Age: 58
Chief Financial Officer
Age: 45
President of Jostens and Chief Executive Officer of Jostens
Age: 53
Chief Legal Officer
Age: 50
Chief Financial Officer of Jostens Inc and Principal Accounting Officer of Jostens Inc
Compensation as of Fiscal Year 2014.

VISANT Corporation Key Developments

VISANT Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014

VISANT Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company's net sales were $444,325,000 compared to $448,536,000 for the same period in the last year. Operating income was $144,061,000 compared to $137,293,000 for the same period in the last year. Income before income taxes was $105,417,000 compared to $98,899,000 for the same period in the last year. Net income was $64,141,000 compared to $56,720,000 for the same period in the last year. Adjusted EBITDA was $168,074,000 compared to $168,861,000 for the same period in the last year. EBITDA was $160,823,000 against $163,114,000 reported last year. For the year, the company's net sales were $687,919,000 compared to $693,472,000 for the same period in the last year. Operating income was $166,948,000 compared to $150,360,000 for the same period in the last year. Income before income taxes was $89,509,000 compared to $72,586,000 for the same period in the last year. Net income was $54,240,000 compared to $41,785,000 for the same period in the last year. Adjusted EBITDA was $214,006,000 compared to $216,878,000 for the same period in the last year. EBITDA was $6,000,000 against $3,530,000 reported last year.

VISANT Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2014; Provides CapEx Guidance Full Year 2014

VISANT Corporation announced unaudited consolidated earnings results for the first quarter ended March 29, 2014. For the quarter, the company's net sales were $243,594,000 compared to $244,936,000 for the same period in the last year. Net loss was $9,901,000 compared to $14,935,000 for the same period in the last year. Adjusted EBITDA was $45,932,000 compared to $48,017,000 for the same period in the last year. Operating income was $22,887,000 against $13,067,000 reported last year. Loss before income taxes was $15,908,000 against $26,313,000 reported last year. EBITDA was $39,696,000 against $39,222,000 reported last year. As of the end of March 2014, the company had total debt of $1.884 billion and a cash balance of $123 million giving net debt of $1.761 billion. Capital expenditures were $7.6 million for the first quarter of 2014 compared to $9.4 million for the first quarter of 2013. The company expects full year 2014 CapEx to be approximately $40 million.

VISANT Corporation, Q1 2014 Earnings Call, May 12, 2014

VISANT Corporation, Q1 2014 Earnings Call, May 12, 2014

Similar Private Companies By Industry

Company Name Region
MindBranch, Inc. United States
Northstar Studios, Inc. United States
Signature Credit Corp. United States
Maverick Media of Rockford, LLC United States
FutureWorks, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 15, 2014
The Lehigh Press LLC
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact VISANT Corporation, please visit www.visant.net. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.