Financial Times Ranks Wizard Labels Among Fastest Growing Companies
Wizard Labels, the all-digital provider of custom product labels, has earned a top ranking in this first-ever FT Americas Special Report, the Financial Times list of the 500 fastest growing companies in the Western Hemisphere. The report highlights 500 companies for whom innovation and creativity have paid off, reflected by compound annual growth rate (CAGR) in revenue over a three-year period.
In order to be eligible for the inaugural FT Americas listing, companies have to be independent, with revenue of at least $100,000 in 2015 and at least $1.5 million in 2018. Also, the recorded revenue over the time period must be primarily “organic,” according to Financial Times.
Wizard Labels is ranked No. 273 on the 2020 FT Americas list, based on a three-year absolute growth rate of 202%.
The FT Americas recognition from Financial Times comes just months after Wizard Labels was honored with a ranking in the prestigious Inc. 5000: The Most Successful Companies in America, from Inc., a publication dedicated to US-based small businesses and startups.
Label industry e-commerce pioneer Steve Smith founded Wizard Labels in 2013. Serving a wide-range of end-use markets, Wizard Labels prides itself on offering industry-leading production turn-times and professional customer service through an innovative, self-service, online portal. The label supplier also provides its brand owner customers competitive pricing that allows even the smallest players to compete with the biggest names on store shelves.
Smith comments, “In releasing the rankings, the Financial Times acknowledged the role that innovation and creativity play in enabling business growth and resilience, even in challenging times. We’re honored that our innovative business model and ability to consistently deliver superior results for our customers is recognized by our Financial Times ranking.”
Aaron Bouren, co-founder of CBD Hemp Experts, a leading wholesale supplier of CBD products and a loyal Wizard Labels customer, says, “Our experience in working with Wizard Labels has been terrific. Their quality is excellent, as is their responsiveness. They are far and away the best label company we have worked with, and they are always a phone call or an email away. Wizard Labels online ordering system is exceptional – they are as much a technology company as they are a printing company.”
Wizard Labels’ manufacturing processes feature the latest digital label printing and laser finishing technologies, and the company is constantly looking at new means of innovation in order to stay on top of printing and converting trends as a proud member of Dscoop (Digital Solutions Cooperative), the association of HP Indigo technology users.
The preceding press release was provided by a company unaffiliated with Packaging Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Packaging Impressions.