Outlook Group Reports Loss for Q1

Share this content:
Outlook Group Corp., Neenah, WI, a printing, packaging and direct marketing company, last week reported net sales of $17.06 million for its first quarter ended Aug. 30, up from $17 million in the same period in the previous year.


However, the company posted a loss of $207,000 for its first quarter of fiscal 2004, compared with earnings of $422,000 in its first quarter of fiscal 2003. Before the effect of a change in accounting principles, earnings in first-quarter 2003 totaled $658,000.


President/chief operating officer Joseph J. Baksha said that expenses involved in the start-up phases of three new long-term contracts affected earnings in the past three quarters. However, he said, those contracts are expected to generate more than $14 million in sales during fiscal 2004.


This is a 40 Under 40 Profile. Click here to see all profiles as well as previous year's winners.

Loading links....
close

Next Article in Production and Printing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs: