Courier F1Q08 (Qtr End 11/30/07) Earnings Call Transcript

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2008-01-16 17:25:42.0

Tags: Courier Corp.

Question-and-Answer Session

Operator

Thank you. (Operator Instructions) And your first question comes from the line of Jamie Clement with Sidoti, please proceed.

James Clement – Sidoti & Company, LLC

Jim, Bob, Peter, good afternoon.

James F. Conway, III – Chairman, President and Chief Executive Officer

Good afternoon, Jamie.

James Clement – Sidoti & Company, LLC

Jim, just a couple of things that I wanted to make sure that I understood in your guys comments, with respect to the reprint work that you might normally see in the first quarter are we to assume that this was an industry wide phenomenon. In other words, it wasn’t just, you didn’t lose share for a quarter for whatever reason.

James F. Conway, III – Chairman, President and Chief Executive Officer

We did not lose share and it’s our belief that it was industry wide. Obviously I can’t be positive of that, but we do believe that it was industry wide and we certainly do not believe that we lost share.

James Clement – Sidoti & Company, LLC

Okay. And the other thing was you lumped in, it was right after the comments about the housing markets that you were talking about the challenges at being able to, for your industry to be able to meet anticipated order volumes later on in your fiscal year. It seems to me that that would be a good thing for you guys. Am I missing something there?

James F. Conway, III – Chairman, President and Chief Executive Officer

No, you are right. That would be a good thing.

James Clement – Sidoti & Company, LLC

Okay.

James F. Conway, III – Chairman, President and Chief Executive Officer

You’re right.

James Clement – Sidoti & Company, LLC

Okay, and just I can imagine that there might be competitive reasons why you wouldn’t get into this, but I’m going to give it a shot anyway. In the press release and in the prepared remarks, you talked about some other industry factors. It’s no surprise that one of your competitors is having some issues. Is there a ripple effect in the industry and in the dynamic that you saw in the first quarter that is in some way related to that?

James F. Conway, III – Chairman, President and Chief Executive Officer

Jamie, you were right. I don’t really want to go there.

James Clement – Sidoti & Company, LLC

Okay.

James F. Conway, III – Chairman, President and Chief Executive Officer

 

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