Results for the three months ended June 30, 2020, included: *Net Sales (excluding discontinued operations) — Net sales were $585 million in 2020, down 38% from 2019. Sales declined 36% during the quarter, excluding the impact of the January 2020 sale of the Omaha packaging plant primarily due to the economic impact from the COVID-19 pandemic, and ongoing print industry volume and pricing pressures. *Net Loss From Continuing Operations — Excluding the results from discontinued operations, net loss from continuing operations was $15 million in 2020 compared to net loss from continuing operations of $3 million in 2019. Results for the six months ended June 30, 2020, included: *Net Sales (excluding discontinued operations) — Net sales were $1.4 billion in 2020 as compared to $1.9 billion in 2019, down 26%. Sales declined 25% during the six months ended June 30, 2020, after excluding the impact of the January 2020 sale of the Omaha packaging plant primarily due to the economic impact from the COVID-19 pandemic, and ongoing print industry volume and pricing pressures. *Net Loss From Continuing Operations — Excluding the results from discontinued operations, net loss from continuing operations was $24 million in 2020 as compared to net loss from continuing operations of $16 million in 2019.

The Ricoh Commercial & Industrial Printing Business Group (CIPG), established in April, is keenly focused on getting the word out about its commitment to the production printing market. That was the key takeaway for a group of industry press and analysts who recently toured its Customer Experience Center (CEC) that is home to an array of continuous-feed inkjet, toner-based sheetfed and wide-format printers, along with several product development and testing labs, inside its Executive Briefing Center in Boulder, Colo. Ricoh defines industrial as wide-format digital printing and printing done as a part of the manufacturing process to produce finished goods such as garments, textiles, metals and architectural components. And the group’s ambitious goal isn’t merely lip service. According to Dollard, CIPG has nearly doubled its production inkjet printing direct salesforce since April; has created a Production Dealer Advisory Council to build stronger ties with its dealer network for toner-based sheetfed production and wide-format inkjet printer sales; is expanding its service and consulting business; and is fully committed to assuming a leadership role in industry advocacy, education and market advancement. Click Read More below for additional information.

R.R. Donnelley & Sons Company introduced an offering for cannabis and CBD companies designed to help them meet evolving product life cycle needs, including product differentiation at retail, regulatory adherence, and supply chain continuity. The cannabis and CBD industries have gone through immense regulatory change over the last few years that has transformed the retail landscape and created growth opportunities for both product lines. In fact, the Leafly Jobs Report found that nationwide cannabis sales increased 33% in 2021. As the cannabis dispensary industry continues to mature, customers demand both product variety that fits their lifestyle and easier access to product health and wellness information. RRD’s offering is designed to help cannabis and CBD businesses keep pace with market demand and create meaningful product engagement with consumers at dispensaries and select CBD retailers.