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Vistaprint parent Cimpress increases credit facility by $500 million News Press releases 

Vistaprint parent Cimpress increases credit facility by $500 million

VENLO, the Netherlands – January 7, 2019 – Cimpress N.V. announced today that it has signed an amendment expanding its existing credit facility by an additional $500 million. The increase brings the total amount of the credit facility to $1,613 million, consisting of $526 million of outstanding term loans and a $1,087 million revolver. The terms and covenants of the credit facility remain unchanged. The company is... Read More
Cimpress announces offering of $400.0 Million of Senior Notes Due 2026 Press releases 

Cimpress announces offering of $400.0 Million of Senior Notes Due 2026

VENLO, the Netherlands–(BUSINESS WIRE)–May 29, 2018– Cimpress N.V. (Nasdaq: CMPR) today announced it has commenced, subject to market conditions, a private offering of $400.0 million in aggregate principal amount of senior notes due 2026 (the “notes”). We intend to use the net proceeds of this offering to fund the redemption of all of our existing senior notes due 2022 and the... Read More
Vistaprint parent Cimpress reports third-quarter loss Earnings reports News 

Vistaprint parent Cimpress reports third-quarter loss

Cimpress NV, parent of VistaPrint and other “Upload and Print” brands, reported a $2.3 million fiscal third-quarter loss on revenue of $636.1 million. By segment, the company reported, “Vistaprint saw continued growth in repeat customer bookings for the third quarter of FY 2018; however new customer bookings decreased in constant currencies due in part to reduced advertising spend as a... Read More
Cimpress to trim Vistaprint headcount over the next few months News 

Cimpress to trim Vistaprint headcount over the next few months

Cimpress cuts to Vistaprint to save $20-22 million over 2018 Cimpress N.V. filed a notice in its 8K on Nov. 3 the expected restructuring and reduced headcount of its Vistaprint division will save the company $20-$22 million for fiscal 2018: “Cimpress expects the Vistaprint headcount and cost reductions to be largely implemented over the coming two months and believes they... Read More
Cimpress Reports First Quarter Fiscal Year 2018 Financial Results Earnings reports Press releases 

Cimpress Reports First Quarter Fiscal Year 2018 Financial Results

First quarter 2018 results: Revenue grew 27 percent year over year to $563.3 million Revenue grew 12 percent year over year excluding the impact of currency exchange rate fluctuations and revenue from businesses acquired or divested during the past twelve months GAAP income from operations was $46.6 million in the current period versus a loss from operations of $27.8 million... Read More
Photo Printing & Merchandise Market Is Expected to Represent US $3,000 Mn by 2026 End Market research Press releases 

Photo Printing & Merchandise Market Is Expected to Represent US $3,000 Mn by 2026 End

Future Market Insights’ recent report predicts a very unavailing future for the global photo printing & merchandise market. Valley Cottage, NY — (SBWIRE) — 10/30/2017 — Although, almost half of global photo printing & merchandise revenues are likely to be coming from online sales. While instant kiosks account for less than 10% of the market value, online distribution of photo... Read More