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Cimpress reports mixed fourth quarter Earnings reports 

Cimpress reports mixed fourth quarter

GaryPageau ,
Cimpress plc, parent company of Vistaprint,  reported mixed fourth-quarter fiscal 2021 results, with an adjusted loss of 45 cents per share, which was improved from last years’ loss of $1.62 cents per share. In fiscal 2021, the company’s adjusted loss was $2.99 per share against adjusted earnings of $3.00 in fiscal 2020. Fiscal fourth-quarter revenues were a better-than-expected $641 million... Read More
Cimpress announces lower second-quarter results Earnings reports 

Cimpress announces lower second-quarter results

GaryPageau ,
Vistaprint parent Cimpress plc reported lower second-quarter fiscal 2021 results. Total revenues in the fiscal second quarter were $786.1 million compared with $820.3 million in the year-ago quarter. For six months, revenues were $1.37 billion in 2020, compared to $1.45 billion in 2019. Second-quarter net income was $33,901, compared to $190,649  last year. For six months, net income was $23,823... Read More
Cimpress’ fourth-quarter sales drops to $421 million News 

Cimpress’ fourth-quarter sales drops to $421 million

GaryPageau ,
Vistaprint parent Cimpress plc CMPR reported fourth-quarter fiscal 2020, with total revenues of $429.1 million compared with $675 million in the year-ago quarter. This, however, exceeded the top-line consensus estimate of $421 million. Vistaprint, the company’s largest segment, reported aggregate revenues of $244.5 million, down from $360.4 million in the year-ago quarter. The National Pen segment generated revenues of $33 million, down from... Read More
Vistaprint parent Cimpress revises fourth-quarter projections News 

Vistaprint parent Cimpress revises fourth-quarter projections

GaryPageau ,
Cimpress plc provided an extraordinary update on its financial results about mid-way between Cimpress’ earnings announcements for the quarters ending March and June 2020. As noted in Cimpress’ third fiscal quarter earnings document on May 5, 2020, for the month of April Cimpress’ consolidated bookings declined by half year over year, and all segments’ bookings performance improved in the second... Read More
Vistaprint parent Cimpress takes $300 million investment from Apollo Global Management News 

Vistaprint parent Cimpress takes $300 million investment from Apollo Global Management

GaryPageau , , 1 Comment
Apollo Global Management Inc. is investing $300 million in Cimpress plc, the parent of Vistaprint and other commercial printing entities. The move is part of several actions Cimpress management is taking to counter the impact of the worldwide COVID-19 pandemic. In 2019, Apollo Global – which manages billions of dollars across multiple funds and sectors – purchased Shutterfly and Snapfish.... Read More
Cimpress reports improved bottom line Earnings reports News 

Cimpress reports improved bottom line

GaryPageau , , ,
Cimpress  PLC reported second-quarter results of total revenues of $820.3 million, compared with $825.6 million a year ago.  The National Pen segment generated revenues of about $128 million, down 3.8% while the company’s largest revenue-generating segment, Vistaprint, reported aggregate revenues of $433.3 million, down from $443.9 million. Upload and Print segment’s revenues increased to $214.1 million from $203.8 million in the year-ago... Read More
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