Visant Corp.'s Income Increases, Sales Flat
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Visant also reported consolidated earnings before net interest expense, provision for income taxes and depreciation and amortization expense (EBITDA) of $186.4 million for the second fiscal quarter of 2010, compared to $176.7 million, an increase of 6%. Its consolidated Adjusted EBITDA (defined in the accompanying summary of financial data) was $198.8 million for the second fiscal quarter of 2010, compared to $189.6 million for the comparable period in 2009, an increase of 5%.
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