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) has appointed Kris Persons as Senior Vice President of Direct Marketing. Previously with Merkle and Epsilon, she brings extensive experience in data-driven marketing to enhance Quad's capabilities. Her focus will be on developing targeted marketing strategies that leverage Quad's integrated platform, aimed at improving client engagement and driving measurable results. CEO Joel Quadracci emphasized the importance of data and analytics in Quad's marketing solutions, positioning the company to connect brands effectively with consumers.
On September 15, 2021, Rise Interactive, a subsidiary of Quad, revealed plans to enhance its media automation technology, Connex, to support major retail media networks and marketplaces including Walmart and Target. This expansion aims to integrate audience and product data, providing marketers with a comprehensive view of advertising effectiveness across channels. CEO Larry Fisher emphasized the growth opportunities for brands through improved data access. The partnership with Pacvue aims to optimize marketing strategies, enhancing real-time insights for better ad performance.
Quad/Graphics, Inc. (NYSE: QUAD) reported a strong second quarter 2021 with a 19% increase in net sales at $694 million, driven by growth in print, logistics, and agency solutions. The company achieved net earnings of $34 million, reversing a loss from the previous year, and generated Adjusted EBITDA of $60 million. Cash provided by operating activities rose to $89 million, with Free Cash Flow increasing to $62 million. Quad reduced net debt by $120 million and improved its Debt Leverage Ratio to 3.0x. The company raised its full-year financial outlook, projecting a 1% to 3% increase in net sales.
Connex®, the media management platform from Rise Interactive, a subsidiary of Quad, has been awarded Product of the Year at the 2021 Sales and Marketing Technology Awards by the Business Intelligence Group. This recognition highlights Connex's capabilities in providing proactive intelligence and automation in digital marketing. The platform's new feature, Connex Alerts, offers real-time notifications to optimize digital media performance. CEO Larry Fisher emphasizes their commitment to leveraging data for faster growth opportunities in digital marketing.
Quad (NYSE: QUAD) will host a conference call on August 4, 2021, at 10 a.m. ET to discuss its second quarter results. The call features Joel Quadracci, Quad's Chairman, President & CEO, and CFO Dave Honan. Interested investors can access the full earnings release and presentation on the Investors section of Quad's website. A Q&A session will follow, and participants can submit questions via email. Pre-registration for the webcast is available, and dial-in options are provided for those without internet access.
Quad/Graphics has divested its QuadExpress third-party logistics business for $40 million to Mullen Group, a major logistics provider in Canada. This move aligns with Quad's strategy to enhance its portfolio and focus on marketing solutions. The transaction, which closed on June 30, 2021, allows Quad to use the proceeds to decrease debt and improve its leverage ratio, targeting 2-2.5x. Quad retains control of its in-house logistics division, emphasizing its commitment to delivering integrated marketing solutions.
QuadMed, a subsidiary of Quad (NYSE: QUAD), announced the appointment of Kathryn Quadracci Flores, John Bustle, and Shannon Clark to its executive team. These experienced leaders aim to drive growth and enhance health care access, focusing on innovative solutions to meet employer demands. Dr. Flores, who has a background in COVID-19 response, will lead as President. Dr. Bustle, with expertise in health care management and telehealth, will serve as Chief Medical Officer, while Clark, an operations expert in occupational health, will take on the role of Chief Operating Officer.
Quad/Graphics Inc. (NYSE: QUAD) has appointed Josh Golden as Chief Marketing Officer, effective July 5, 2021. Golden, previously president and publisher of Ad Age, brings extensive experience from roles at Xerox and NBC Universal. His expertise is expected to enhance Quad's engagement with brands, positioning the company as a potent marketing solutions partner. Joel Quadracci, the company's chairman and CEO, emphasized Golden's insight into marketing challenges. Together with the leadership team, Golden will drive Quad's integrated marketing offerings, improving efficiency and effectiveness for clients.
Rise Interactive, a subsidiary of Quad, has partnered with 50,000feet and P33 to attract top tech talent back to Chicago. This initiative, aiming to connect mid-career professionals with innovative startups, emphasizes Chicago's potential as a tech hub due to its university presence and cost-effective living. Rise's commitment to investing in the local tech community and enhancing Chicago's appeal is a significant part of their strategy for 2021 growth, coming after a rebranding and leadership expansion in 2020.
Quad/Graphics, Inc. (NYSE: QUAD) has been recognized by Ad Age as one of the Top 25 agency companies and Top 25 consolidated agency networks based on 2020 revenue. Quad ranked No. 15 among agency companies and No. 22 among consolidated networks. The company attributes its rise to the acceptance of its integrated marketing platform, which enhances agility in meeting client needs. Quad's services span traditional advertising, digital, and direct marketing, leveraging a comprehensive network including Periscope and Rise Interactive.