Cimpress first-quarter shows slight growth

Cimpress plc reported first-quarter fiscal 2023 sales were 7% to $703.4 million, compared to $657.6 million for the same quarter last year. The organic constant-currency revenue growth was 14%, driven by growth across all businesses and markets through increased pricing and customer demand, the company said.

Top-Line Details

Segment Information

The National Pen segment generated revenues of $81.7 million, up from $69.3 million in the prior-year quarter. Vistaprint — the largest revenue-generating segment — reported aggregate revenues of $369.4 million, up from $349.5 million in the year-ago quarter.

The Upload and Print segment’s revenues increased to $209.4 million from $198 million. The segment consists of two subgroups (PrintBrothers and The Print Group). PrintBrothers’ revenues increased to $132.7 million from $125.4 million. The Print Group generated revenues of $76.8 million, up from $72.8 million. Revenues from All Other Businesses increased to $51.8 million from $47.9 million.