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.
Quad/Graphics, Inc. (NYSE: QUAD) reported a 9% increase in net sales for Q2 2022, or 14% excluding divestitures, with total net sales reaching $758 million. Despite revenue growth, net earnings declined to $5 million, down from $34 million in Q2 2021. Adjusted EBITDA also decreased to $56 million. The company repurchased 1.7 million shares by August 1, 2022, and maintains a liquidity of $298 million. Full-year financial guidance remains unchanged, aiming for a 3% to 7% increase in annual net sales.
Quad (NYSE: QUAD) will host a conference call on August 3, 2022, at 10 a.m. ET, to discuss its second quarter results. The call will be led by Joel Quadracci, Chairman, President & CEO, and Tony Staniak, CFO. Participants can pre-register for the webcast or dial in on the day of the call. An audio replay will be available shortly after the call, with playback accessible until September 3, 2022. Quad, a global marketing experience company, serves over 4,600 clients globally.
On July 13, 2022, Rise Interactive announced the appointment of Kimberly Harris-Mooring as Senior Vice President of People & Culture. With over 30 years of experience in Human Resources, her role aims to bolster the agency's growth strategy. Harris-Mooring previously served as Chief Administrative Officer at Cook County Assessor's Office and led HR at First Midwest Bank. Rise, a subsidiary of Quad (NYSE: QUAD), focuses on client and employee investment to drive innovation, talent management, and expand diversity initiatives.
Periscope, a full-service advertising agency, has launched a new design practice called Favorite Child to meet growing market demands. This initiative aims to help brands excel through superior design capabilities. Backed by Quad (NYSE: QUAD), Favorite Child will offer comprehensive services from design strategy to brand identity. To celebrate its launch, Favorite Child will issue a 'Reverse RFP' to assist deserving brands with agency work. The agency's leadership, including Katie Kelly-Landberg, boasts extensive experience in design, aiming to elevate brand experiences in a competitive landscape.
Quad/Graphics (NYSE: QUAD) announced its addition to the U.S. small-cap Russell 2000 Index effective June 27, 2022, due to its membership in the broader Russell 3000 Index. This designation is significant as Russell indexes serve as benchmarks for roughly $12 trillion in assets managed by investment firms. The company is optimistic about leveraging this recognition to enhance its integrated marketing strategies and drive shareholder value.
Quad/Graphics (NYSE: QUAD) has been recognized as one of the world's 25 largest agency companies by Ad Age for the third consecutive year. The company achieved a ranking of No. 16 among the top agency companies and No. 22 among consolidated agency networks. This recognition highlights Quad's focus on providing clients with a seamless marketing experience. The rankings are based on revenue from various service categories, including digital and traditional advertising. Quad serves over 4,600 clients globally, emphasizing integrated marketing solutions and innovation.
Quad/Graphics, Inc. (NYSE: QUAD) reported Q1 2022 results, achieving a 5% increase in net sales to $744 million, or 9% growth excluding divestitures, driven by inflation-responsive pricing and new client gains. However, the company faced a net loss of $1 million compared to $10 million profit in the same quarter last year, with adjusted EBITDA declining to $49 million from $70 million. Increased operational costs and supply chain disruptions impacted performance. The company plans an additional price increase effective May 15, 2022, amid ongoing cost inflation.
Quad/Graphics, Inc. (NYSE: QUAD) has appointed Rachel Winer as Senior Vice President to lead a new business development team. Winer, with nearly 30 years in marketing and advertising, aims to enhance client engagement by showcasing Quad’s extensive product portfolio. Her previous roles include CMO-in-residence at Bonfire and leading operations at Edelman and Buzzfeed. Winer believes Quad is uniquely positioned to streamline marketing efforts for brands, promising innovative and dynamic partnerships. Quad serves over 4,600 clients worldwide with integrated marketing solutions.
Quad (NYSE: QUAD) is set to hold a conference call at 10 a.m. ET on May 4, 2022, to discuss its first quarter results. The call will be led by Joel Quadracci, Chairman, President & CEO, and Tony Staniak, CFO. Investors can access the earnings release and slide presentation on Quad’s website. A Q&A session will follow, with pre-submitted questions welcomed via email. Participants can pre-register for the call or dial in on the day.
An audio replay will be available post-call and until June 4, 2022.
Quad/Graphics, Inc. (NYSE: QUAD) reported a 1% increase in net sales for 2021, with a 3% rise excluding divestitures. The growth was fueled by higher print volumes and new client gains. Net earnings from continuing operations were $38 million, resulting in an adjusted diluted EPS of $0.60, compared to $0.29 in 2020. The company reduced net debt by $410 million or 40% over two years, achieving a debt leverage ratio of 2.5x. For 2022, Quad forecasts 3% to 7% net sales growth and projected adjusted EBITDA of $230 to $270 million.