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Company reports highest gross profit margins in 10 years
November 6, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Checkpoint Systems, Inc. reported financial results for the third quarter ended Sept. 28, 2014. Net revenues from continuing operations in the third quarter of 2014 decreased 8.2%, to $160.6 million from $174.9 million in the third quarter of 2013. During the quarter, gross profit margins were 44.2% compared with 40.3% in the 2013 third quarter. Operating income in the third quarter of 2014 was $10.8 million, $2.8 million lower than $13.6 million in the same period last year. Net loss from...
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