This label was written for a 203 dpi printhead. On the 300 dpi printer selected, every dot coordinate covers a smaller distance — the label prints at 68% of its intended size and the barcode's X-dimension drops to 0.169 mm.
Rescale every coordinate, ^BY value and font height by 68, or send this label to a 203 dpi printer.
The 'it worked until we changed printers' class. 203 → 300 dpi is a 1.478× shift: content lands at about 68% of intended size. The address block still reads and the border still aligns, so it survives testing — and the barcode intermittently fails at the scanner gate.