10/26/11

Caf├ęPress ends Q3 with a narrower loss and an acquisition

CaféPress purchased InvitationBox.com for $4.5 million.

Mark Brohan , Research Director

Sales grew and the net loss improved for CaféPress Inc. in the third quarter.

The online retailer of customized products such as T-shirts, coffee mugs and baby clothes, which announced plans to seek a public stock offering in June, also acquired InvitationBox.com, a small online retailer of customized stationery products.

In an updated filing with the U.S. Securities and Exchange Commission, CaféPress, No. 122 in the Internet Retailer Top 500 Guide, for the quarter ended Sept. 30 reported:

For the first three quarters:

 Earlier this month Café Press, which has yet to set a date for going public or announce any stock pricing, also made an acquisition. On Oct. 1, CafePress acquired L&S Retail Ventures Inc., which owns and operates InvitationBox.com, an online customized stationery web store company, for $4.5 million.

Topics:

acquisition, CafePress, InvitationBox.com, IPO, L&S Retail Ventures Inc., Q3, Top 500

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