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 announces a three-year, $1 million partnership with The BrandLab to support diversity in marketing. This initiative aims to create opportunities for BIPOC students through internships in Milwaukee, expanding upon The BrandLab's successful programs in Kansas City and Minneapolis. Quad emphasizes its commitment to diversity and equity in the industry, aiming to strengthen the creative workforce. The partnership is expected to enhance local agency involvement and provide pathways for students into marketing careers, aligning with Quad's longstanding social responsibility efforts.
Quad (NYSE: QUAD) will host a conference call on February 24 at 10 a.m. ET to discuss its fourth quarter and full-year 2020 results. Chairman Joel Quadracci and CFO Dave Honan will lead the call, which will include a Q&A session for investors. Interested participants can pre-register for the webcast or dial in using provided U.S. and international phone numbers. An audio replay will be available soon after the call and can be accessed until March 24, 2021. For more details, visit Quad's Investors section.
Quad is donating $25,000 to the Brandcenter at Virginia Commonwealth University to support the Brandcenter & Rising Endowed Scholarship, which aids diverse students in advertising, marketing, branding, and communications. This initiative is part of Quad's commitment to promote diversity and inclusion within the creative industry, addressing the underrepresentation of people of color in the field. According to data, Black employees make up only 5.8% of the industry. The donation aims to diversify the talent pipeline and enhance opportunities for underrepresented individuals.
On December 15, 2020, Rise Interactive announced a significant rebranding initiative alongside a new website launch aimed at enhancing customer experience. The upgrade, driven by their award-winning in-house team, aligns with their vision of addressing clients' marketing challenges through superior digital identity. CEO Larry Fisher emphasized the importance of integrating marketing performance to excel in a competitive landscape. Rise's commitment to providing insights through their platform is set to position them strongly for growth in 2021 and beyond.
Quad/Graphics announced Julie Currie as the new Executive Vice President & Chief Revenue Officer, succeeding Renee Badura, who is retiring after 34 years. Currie brings extensive experience from The Nielsen Company, where she significantly grew revenue and led transformational strategies. Her expertise in marketing, retail, and analytics is expected to enhance Quad's integrated marketing solutions and drive growth. Currie's appointment is anticipated to accelerate Quad's transformation into a leading marketing partner, leveraging her insights for improved client engagement and operational efficiency.
Quad reported a challenging third quarter with net sales of $679 million, a 28% decline from the previous year, primarily due to COVID-19 and industry pressures. However, it achieved net earnings of $3 million compared to a loss of $47 million in Q3 2019. The company's Adjusted EBITDA was $61 million, with an improved margin of 8.9%. Quad reduced net debt by $95 million this year and maintained strong liquidity with $93 million cash on hand. The divestiture of its Book platform supports its strategy to optimize its portfolio.
Quad/Graphics, Inc. (NYSE: QUAD) has launched the Quad Direct Marketing Exchange (QDMX), a platform designed to deliver personalized direct marketing campaigns efficiently and cost-effectively. QDMX helps marketers reduce rising postage costs and improve time-to-market with innovative solutions. The initial offerings include Merged Mail, allowing 20%-25% postage savings by consolidating mail streams, and Multi-Pack, which enables 40%-50% savings by sending mail to the same household simultaneously. Quad anticipates further QDMX offerings in the future.
Quad/Graphics (NYSE: QUAD) has completed the sale of its last two book manufacturing facilities, located in Fairfield, Pennsylvania, and Martinsburg, West Virginia, to Berryville Graphics, part of Bertelsmann Printing Group USA. This divestiture marks the conclusion of Quad's strategic decision to optimize its product portfolio, following the earlier sale of another facility in Versailles, Kentucky. The proceeds from this transaction will be utilized to reduce the company's debt.
Quad (NYSE: QUAD) will conduct a conference call on November 4, 2020, at 10 a.m. ET to discuss its third quarter results. Hosted by Joel Quadracci, Quad's Chairman, President & CEO, alongside CFO Dave Honan, the call will also include a Q&A session. Investors can email questions ahead of time to IR@quad.com. Participants can pre-register for the webcast or dial in on the day of the call using provided toll-free numbers. An audio replay will be available afterward on Quad’s website until December 4, 2020.
Rise Interactive has launched an update to its Connex® platform, introducing the Account Overview Dashboard, which enhances transparency for marketers. This dashboard allows users to see every action taken by Rise's technology, including automatic keyword additions and detailed activity logs for ad optimizations. CEO Larry Fisher emphasized the agency's commitment to transparency and performance, while CTO Brent Laufenberg noted the importance of cross-channel intelligence in maximizing marketing effectiveness. Rise, majority-owned by Quad (NYSE:QUAD), serves major brands like ULTA Beauty and Stanley Steemer.