July 11, 2014 2:44 PM ET


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



Key Executives for VISANT Corporation

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 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

VISANT Corporation to Report Q1, 2014 Results on May 12, 2014

VISANT Corporation announced that they will report Q1, 2014 results on May 12, 2014

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