Industry News, Printers News

Cenveo Reports 3Q 2016 Results

Net sales in 3Q 2016 were $406.0 million, a 3% decline, with net income of $9.4 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Cenveo, Inc. reported its third quarter 2016 results. Net sales in the third quarter of 2016 were $406.0 million compared to $419.8 million in the same period last year, a 3% decline. This was primarily driven by lower sales in the envelope segment, resulting from lower demand in the company’s wholesale and office product envelopes, which accounts for approximately 2% of our consolidated net sales decline.   In addition, Cenveo experienced lower sales in its label segment primarily due to the ...

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