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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
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
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 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

GaryPageau ,
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

GaryPageau , , , ,
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
Exclusive: Expansion-minded CanvasPop raises $3.3 million funding Feature Press releases 

Exclusive: Expansion-minded CanvasPop raises $3.3 million funding

GaryPageau , , , , , , , , , ,
CanvasPop, the decade-old Canadian photo canvas shop, has taken its first funding round with an eye for expansion.The $3.3 million infusion from some of Canada’s most-established VC firms will provide capital for future expansion into new product areas and possible acquisitions, says Adrian Salamunovic, co-founder and Chief Innovation Officer, CanvasPop. (See the full press release below). “We started the company originally... Read More
For the second year, Tom’s Reviews chooses Mixbook as top photo card pick News Opinion 

For the second year, Tom’s Reviews chooses Mixbook as top photo card pick

GaryPageau , , , , , , , , ,
Popular consumer ratings site, Tom’s Guide, has for the second-straight year selected Mixbook as the top choice for photo cards. Unlike other reviews we’ve criticized here at The Dead Pixels Society, the Tom’s Guide review at least has someone knowledgeable – veteran photo-industry writer, Sally Weiner Grotta – conducting the test. The list of tested companies, however, was a little on... Read More
Cimpress to trim Vistaprint headcount over the next few months News 

Cimpress to trim Vistaprint headcount over the next few months

GaryPageau ,
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

GaryPageau , , 1 Comment
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
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
Vistaprint Launches New Monthly Subscription Box News Press releases 

Vistaprint Launches New Monthly Subscription Box

GaryPageau
July 20, 2017 01:31 PM Eastern Daylight Time – WALTHAM, Mass.–(BUSINESS WIRE)–Vistaprint, known as the go-to for printed and digital marketing materials for small business owners, recently launched a monthly subscription box service with products personalized for marketing your business, called Promobox. The box contains three to five custom products specifically designed for each business owner. Before receiving their first box,... Read More
Vistaprint Opens First Brick and Mortar Retail Space News Press releases 

Vistaprint Opens First Brick and Mortar Retail Space

GaryPageau
June 13, 2017 02:40 PM Eastern Daylight Time – WALTHAM, Mass.–(BUSINESS WIRE)–Nearly two decades after it started offering professional marketing products and services online to small business owners, Vistaprint has opened its first ever brick and mortar retail space in downtown Toronto. Business owners can now access the quality marketing products at unbeatable prices they have become accustomed to, but... Read More