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Cimpress reports improved sales, earnings for fiscal 2019, CEO promises more changes Earnings reports News Opinion 

Cimpress reports improved sales, earnings for fiscal 2019, CEO promises more changes

GaryPageau ,
Cimpress executives characterized the Netherlands-based company’s recently concluded fiscal 2019 as a disappointing and difficult year, with revenue at its flagship Vistaprint business increasing less than 1% and profitability declining in its National Pen segment. Cimpress reported it doubled overall net income to nearly $93.5 million, or $3.00 per diluted share, compared to $1.36 per diluted share the prior year. Cimpress... Read More
Cimpress reports mixed results for third quarter Earnings reports News 

Cimpress reports mixed results for third quarter

GaryPageau ,
Cimpress reported mixed results for the third, according to a letter to shareholders from chairman and CEO Robert S. Keane. Among the highlights: • Consolidated revenue grew 4% year over year in Q3 FY2019, and organic constant-currency revenue grew 3%, compared to 16% and 11%, respectively, in Q3 FY2018. This was largely driven by essentially flat revenue growth at Vistaprint, which... Read More
Vistaprint launches new brand platform ‘Own The Now’ Marketing News Press releases 

Vistaprint launches new brand platform ‘Own The Now’

GaryPageau ,
Empowering Small Business Owners to Seize the Opportunity February 04, 2019 09:00 AM Eastern Standard Time – WALTHAM, Mass.–(BUSINESS WIRE)–Vistaprint, the leading online provider of marketing products and services to small businesses, announced its new global brand platform ‘Own The Now’. The brand refresh reinforces Vistaprint’s dedication to empowering small businesses to look and feel professional across all their marketing.... Read More
Cimpress has rough second quarter Earnings reports News 

Cimpress has rough second quarter

GaryPageau ,
In a letter to shareholders, Cimpress Chairman and CEO Robert S. Keane called the company’s second quarter “a poor quarter, the worst in a long time.” “As you will recall, we were also disappointed with our revenue growth last quarter,” wrote Keane. “Our deteriorating performance over the past six plus months led to some serious soul searching about the root... Read More
Vistaprint parent Cimpress not impressed with results Earnings reports News Press releases 

Vistaprint parent Cimpress not impressed with results

GaryPageau ,
Cimpress NV, parent company of Vistaprint and other personal product brands, reported healthy first-quarter top-line growth 5% (including the impact of currency changes and results of acquisitions and divestitures) but operating income continues to be under pressure. The company reported income of $589 million in the quarter, compared to $563 million last year. The company’s operating loss was $5.9 million,... Read More
Cimpress to acquire BuildASign: A vertically integrated U.S. web-to-print canvas wall décor and signage company News Press releases 

Cimpress to acquire BuildASign: A vertically integrated U.S. web-to-print canvas wall décor and signage company

GaryPageau ,
VENLO, the Netherlands–(BUSINESS WIRE)–Sep. 25, 2018– Cimpress N.V. (Nasdaq: CMPR) announced today it has entered into a definitive agreement to acquire BuildASign, a fast-growing internet-based provider of canvas-print wall décor, business signage and other large-format printed products. “We are excited to welcome BuildASign to Cimpress. They bring strong talent, a customer-centric culture, low-cost production operations and strong e-commerce capabilities that... Read More
Vistaprint to open new manufacturing facility in Dallas, Texas News Press releases 

Vistaprint to open new manufacturing facility in Dallas, Texas

GaryPageau ,
WALTHAM, Mass.–(BUSINESS WIRE) — Vistaprint, the leading online provider of professional marketing products and services to small business owners, plans to open a new 322,000 sq. ft. manufacturing facility in Southern Dallas to support its continued growth in North America and further improve the Vistaprint customer experience. The company expects to invest $50 million over the next couple of years... Read More
The shift away from free in online photo News 

The shift away from free in online photo

GaryPageau , , , 1 Comment
In search of better margins, big brands are moving away from regular discounts There’s no question the online photofinishing market is becoming mature, as print volume shifts to mobile and, particularly, to apps. In recent earnings reports, some big brands indicated a move away from free offers to improve margins. Understandably, they are taking a hit on volume but are... Read More
Cimpress makes majority equity investment in VIDA & Co. Events Press releases 

Cimpress makes majority equity investment in VIDA & Co.

GaryPageau
Cimpress is excited to announce that it has welcomed VIDA & Co. to its portfolio. VIDA offers original, high-quality apparel, accessories and home decor products, designed by artists and designers around the world, produced on-demand at scale. We have made a majority equity investment in the San Francisco-based company for $29 million, but like all of the businesses in the... Read More
Dallas approves $1.7 million in incentives for Vistaprint to bring 600 jobs News 

Dallas approves $1.7 million in incentives for Vistaprint to bring 600 jobs

GaryPageau ,
The Dallas Morning News reports the Dallas City Council has approved a plan, called “Project Apollo,” for Cimpress-unit Vistaprint to open a $50 million printing plant expected to create 600 jobs. According to the article, Vistaprint is expected to invest up to $50 million on the plant near the International Inland Port of Dallas, a logistics hub. The 322,000-square-foot facility is... Read More
Cimpress Reports Fourth Quarter and Fiscal Year 2017 Financial Results Earnings reports Press releases 

Cimpress Reports Fourth Quarter and Fiscal Year 2017 Financial Results

GaryPageau , ,
finanFourth quarter 2017 results: Revenue grew 18 percent year over year to $564.3 million Revenue grew 9 percent year over year excluding the impact of currency exchange rate fluctuations and revenue from businesses acquired during the past twelve months GAAP loss from operations was $9.7 million in the current period versus income from operations of $16.0 million in the year-ago... Read More
Gilde Buy Out Partners Acquire Albumprinter From Cimpress News Press releases 

Gilde Buy Out Partners Acquire Albumprinter From Cimpress

GaryPageau , ,
July 26, 2017 – Utrecht (the Netherlands) – Funds advised by Gilde Buy Out Partners (‘Gilde’) today announced the acquisition of Albumprinter Holding B.V. (‘albelli’ or the ‘company’), from its former shareholder Cimpress N.V. The terms of the agreement have not been disclosed. “Cimpress has benefited from our investment in albelli in multiple ways, including talent acquisition, as well as... Read More
Photo Printing and Merchandise Market Will See a Decelerated Revenue Growth at 2.6% CAGR by the End of 2026 | Jun 20, 2017 – ReleaseWire Market research Press releases 

Photo Printing and Merchandise Market Will See a Decelerated Revenue Growth at 2.6% CAGR by the End of 2026 | Jun 20, 2017 – ReleaseWire

GaryPageau , , , , , , , ,
Valley Cottage, NY — (SBWIRE) — 06/20/2017 — According to Future Market Insights, Advent of digital imaging technology can be identified as the point from where roll films were ordained to go out of business.The declining demand for cameras with film rolls is directly associated with growing adoption of digital cameras. Consumers grew more inclined towards digital cameras, thereby making... Read More
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