There is, but you will need to spend time experimenting. I personally don’t use label printers other than have some hardware for models we can sell, and I did a very basic proof of concept that I can elaborate upon should I need to in the future.
Possibly you can also try to see if it prints with Printer Type set to Document Printer, which it should, and that will give you lots more formatting abilities.
Read more about Document Printer formatting here (see under “Advanced Ticket Print Templating format”):