Welcome to our dedicated page for Quad / Graphics news (Ticker: QUAD), a resource for investors and traders seeking the latest updates and insights on Quad / Graphics stock.
Quad/Graphics, Inc. operates as a marketing experience company that combines commercial printing, media services, creative agency work and data-driven audience strategy for clients in commerce, financial services and health. Company news commonly covers quarterly results, guidance, dividend actions and capital allocation, alongside updates on manufacturing productivity, cost structure, automation and responses to postage-cost pressure through optimization services such as co-mailing.
Updates also track Quad’s marketing-services portfolio, including the full-service media agency Rise, the creative agency Betty, direct marketing services, its proprietary household-based data stack, AI-enabled tools and client agency-of-record assignments. Corporate news may include executive leadership changes, investor conference participation and the continuing shift from traditional print operations toward integrated marketing solutions.
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Jelmar has appointed Quad's Periscope and Rise Interactive as its new marketing agencies to boost brand awareness for its CLR Home Cleaning Brand. The collaboration will enhance digital marketing efforts across various platforms including TV, OTT, and social media. CEO Alison Gutterman noted Quad's creative approach and expertise in navigating changing consumer dynamics as key factors. The CLR line features over 16 cleaning products known for safety and effectiveness, with retail distribution exceeding 100,000 outlets. Quad aims to leverage its integrated marketing platform to foster sustained growth for the CLR brand, combining creative and performance marketing strategies.
Quad/Graphics, Inc. (NYSE: QUAD) will hold a conference call on May 3, 2023, at 10 a.m. ET to discuss its first quarter results. The call will feature Quad's Chairman, President, and CEO, Joel Quadracci, along with CFO Tony Staniak. Investors can access the full earnings release and slide presentation on the company's Investor Relations website. A question and answer session will be included, and participants can pre-register for the webcast or dial in using the toll-free numbers. An audio replay will be available on the website and via phone until June 3, 2023. Quad serves over 2,900 clients globally, employing around 15,000 people across 14 countries.
Quad (NYSE: QUAD) has secured a multi-million-dollar contract to be the exclusive printer of the U.S. edition of Reader’s Digest, America's fourth-largest magazine, over the next three years. This collaboration will streamline the print process for almost 20 million copies annually, leveraging Quad's comprehensive capabilities, including a significant investment in two-up binders and the use of its proprietary workflow solution, Publishers’ Studio. The transition from the previous printer to Quad's Lomira, Wis. facility was completed in just one month, showcasing Quad's efficient operational approach.
Quad/Graphics (NYSE: QUAD) has launched the innovative LAMà® Band, a sustainable packaging solution designed for its proprietary LAMà Displays. This eco-friendly band, made from recyclable paperboard, replaces single-use plastic bags and paper instruction sheets, eliminating significant waste annually. Specifically, it aims to remove 330,000 plastic bags and 660 paper-ream wraps from the waste stream each year, based on 2022 sales data. The change is cost-neutral and simplifies assembly for retailers, reflecting Quad's commitment to sustainability and innovation.
Quad/Graphics reported its fourth quarter and full-year results for 2022. The company achieved a 9% increase in net sales, with 11% growth when excluding divestitures, surpassing its guidance of 8% to 10%. Adjusted EBITDA reached $252 million, near the high end of its guidance, while net earnings fell to $9 million, down from $38 million in 2021 due to prior asset sales. Free cash flow improved to $94 million, and net debt leverage decreased to 2.16x. For 2023, Quad anticipates a 0% to 5% decline in net sales and aims to reduce debt leverage to approximately 2.0x.