Checkpoint Systems (CKP) falls 23% premarket after broadening a corporate restructuring plan,...


Checkpoint Systems (CKP) falls 23% premarket after broadening a corporate restructuring plan, increasing the number of employees impacted to 1K from 204 in the original plan. The company also provides a financial update, slashing its estimate for EPS to a range of $0.32-$0.43, well below the consensus estimate of $1.10.

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