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Quad/Graphics Inc. (NYSE: QUAD), a leader in integrated marketing solutions, provides this comprehensive news hub for tracking official announcements and industry developments. Access verified press releases, earnings reports, and strategic updates from the company bridging print expertise with digital innovation.
This resource serves investors and professionals seeking to monitor QUAD's operational milestones, including technology partnerships, sustainability initiatives, and client program expansions. All content is sourced directly from corporate communications to ensure accuracy and timeliness.
Explore updates across key categories: financial performance disclosures, manufacturing advancements, data-driven marketing solutions, and executive leadership changes. The page organizes information chronologically while maintaining search functionality for historical research.
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Quad/Graphics, Inc. (NYSE: QUAD) has completed the ninth amendment to its bank debt agreement from April 28, 2014. The key changes include:
1. Reducing the revolving credit facility from $342.5 million to $324.6 million, with $17.7 million due on November 2, 2026, and $306.9 million due on October 17, 2029.
2. Extending the maturity of a portion of the existing term loan facility, with $14.5 million due on November 2, 2026, and $351.3 million due on October 17, 2029.
3. Increasing the interest rate margin by 0.50% for loans maturing on October 17, 2029.
4. Modifying certain financial and operational covenants.
CFO Tony Staniak highlighted that by the end of 2024, Quad anticipates reducing its debt by over $670 million (65%) from January 1, 2020 levels. The extension provides additional financial flexibility for growth and development while allowing for capital return to shareholders.
Quad/Graphics, Inc. (NYSE: QUAD), a global marketing experience company, has announced its plans to release third quarter and year-to-date 2024 financial results on Monday, October 28, 2024, after the close of regular market trading. The company will host a conference call on Tuesday, October 29, 2024, at 8:30 a.m. ET to discuss these results.
The call will be led by Joel Quadracci, Quad Chairman, President and CEO, and Tony Staniak, Quad CFO. Participants can pre-register for the webcast or dial in on the day of the call. An audio replay will be available on Quad's website shortly after the call, with telephone playback accessible until November 29, 2024.
Betty, a Quad agency, has announced the return of Kirstin Stahl as the new Group Creative Director for its design practice, Favorite Child. Stahl, reporting to VP and Head of Design Veronica Padilla, will lead the packaging system design for a major national grocery retailer project. With over two decades of experience in the design industry, Stahl has worked with notable brands like Target, Walgreens, General Mills, and JCPenney.
Stahl's role will focus on creating people-first strategic design solutions and overseeing end-to-end design development. Her appointment comes as Favorite Child experiences significant growth, with Betty making 44 new hires in 2024 across various departments. This expansion follows Quad's integration of all creative business into one entity in May 2024, emphasizing strategy, creative, design, and content studios.
Quad/Graphics, Inc. (NYSE: QUAD) has announced a collaboration with Google Cloud to develop AI-powered marketing solutions. This partnership aims to create a data, creative, and personalization powerhouse by integrating Google Cloud's AI capabilities with Quad's proprietary data stack. The new solutions will enable brands to create highly personalized content across multiple marketing channels, addressing challenges such as managing large product catalogs and diverse audience segments.
Quad's data stack, which touches 92% of U.S. households and nearly 97% of the adult U.S. population, will be enhanced with Google Cloud's AI-infused data solutions. This collaboration is expected to deliver greater precision in targeting and improve marketing efficiency. The new AI-driven offerings for clients are scheduled to roll out in Q4 2024.
Quad/Graphics and the Quadracci family's Windhover Foundation have announced a new three-year, $1 million commitment to The BrandLab, a non-profit focused on diversifying the marketing profession. This builds on a previous $1 million investment that helped expand The BrandLab to Milwaukee in 2021. The new funding will support:
- Expansion of Fearless Workshops for marketing professionals
- Events introducing high school students to marketing careers
- Increased internship placements
- New co-branded scholarships
Additionally, Quad is supporting The BrandLab's new Future Innovators Scholarship in Milwaukee. Since 2009, The BrandLab has placed over 500 interns, with 94% of recent graduates hired full-time in the industry.
Quad/Graphics, Inc. (NYSE: QUAD), a global marketing experience company, has announced its participation in upcoming investor conferences and its inaugural Investor Day. The company will attend the Midwest IDEAS Investor Conference on August 28, 2024, in Chicago, and the Barrington Research Virtual Fall Investment Conference on September 12, 2024. Quad will also host its first Investor Day at its New York City offices on November 20, 2024, from 8:30 a.m. to 12:00 p.m. ET.
The Investor Day will feature presentations from key management, including CEO Joel Quadracci and CFO Tony Staniak, covering Quad's strategy, growth opportunities, and long-term financial targets. The event will be broadcast live on Quad's Investor Relations website. Quad serves approximately 2,700 clients across various industries and employs about 13,000 people in 14 countries.
Quad/Graphics, Inc. (NYSE: QUAD) has appointed Courtney Ballantini as Senior Vice President and Head of Client Experience at Rise, its full-service integrated media agency. Ballantini, with over two decades of experience in marketing and advertising, will oversee all Rise client relationships and lead the Client Experience team. She will focus on delivering media solutions and omnichannel execution to meet evolving brand and marketer needs.
Reporting to Joshua Lowcock, President of Media for Quad, Ballantini brings expertise from both agency and client-side roles, including executive positions at Starcom and Tyson Foods. Her appointment aims to enhance Rise's growth trajectory and contribute to its ongoing transformation as an integrated media agency. Ballantini is also actively involved in industry organizations supporting working women and mothers, such as She Runs It.
Quad/Graphics (NYSE: QUAD) reported Q2 2024 results, showing a decline in net sales to $634 million from $703 million in 2023. Despite lower sales, the company improved its Adjusted EBITDA margin by 100 basis points to 8.2%. Quad launched new initiatives including Betty, a creative agency, and 3D Commerce, an automated 3D scanning solution. The company also expanded partnerships for its In-Store Connect retail media network.
Key financial highlights include:
- Net Loss of $3 million or $0.06 Diluted Loss Per Share
- Non-GAAP Adjusted EBITDA of $52 million, up from $50 million in Q2 2023
- Adjusted Diluted Earnings Per Share of $0.12
- Generated $22 million from sale of minority investment in Manipal Technologies
Quad reaffirmed its full-year 2024 financial guidance and declared a quarterly dividend of $0.05 per share.
Quad/Graphics (NYSE: QUAD), a global marketing experience company, has announced a quarterly dividend of $0.05 per share on its common stock. The dividend will be paid on September 6, 2024, to shareholders of record as of August 19, 2024. This declaration by Quad's Board of Directors demonstrates the company's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite challenging market conditions in the marketing and printing industry.
Quad/Graphics, Inc. (NYSE: QUAD), a global marketing experience company, has announced its plans to release second quarter and year-to-date 2024 financial results. The release is scheduled for Tuesday, July 30, 2024, after the close of regular market trading. Following this, the company will host a conference call on Wednesday, July 31, 2024, at 8:30 a.m. ET.
The call will be led by Joel Quadracci, Quad Chairman, President and CEO, and Tony Staniak, Quad CFO. They will discuss the results and conduct a Q&A session. The full earnings release and slide presentation will be available on Quad's investor relations website. Participants can pre-register for the webcast or dial in on the day of the call. An audio replay will be available on the website and via telephone playback until August 31, 2024.