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Checkpoint to focus on apparel labeling

05 May '10
3 min read

• Cash flow used in operating activities was $4.4 million compared to cash flow provided by operating activities of $23.7 million for the first quarter of 2009.
• At March 28, 2010, cash and cash equivalents were $152.6 million compared to $162.1 million at December 27, 2009, and total debt was $114.8 million compared to $116.9 million at December 27, 2009. Capital expenditures were $3.1 million for the first quarter of 2010.

Outlook for 2010
Checkpoint previously provided guidance for 2010, which is summarized below and reaffirmed based on an assessment of current market conditions. This guidance does not include the impact of unusual charges, such as additional restructuring expense, that the Company may incur during the year and assumes a continuation of current exchange rates.

Checkpoint Systems Inc

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