Welcome to our dedicated page for Veritiv news (Ticker: VRTV), a resource for investors and traders seeking the latest updates and insights on Veritiv stock.
Veritiv Corporation (historically NYSE: VRTV) generates news that spans corporate transactions, financial performance, operational updates, and community initiatives. Company releases describe Veritiv as a full-service provider of packaging, JanSan and hygiene products, services and solutions, and as a distributor of print and publishing products serving customers in North America and globally from its Atlanta headquarters.
One major theme in Veritiv’s news flow is corporate transformation and ownership. In August 2023, Veritiv announced a definitive agreement to be acquired by an affiliate of Clayton, Dubilier & Rice, LLC, and in November 2023 it reported the completion of this acquisition, after which Veritiv became a privately held company and its common stock ceased trading on the New York Stock Exchange. Earlier releases covered shareholder approval of the transaction and related milestones.
Another important category of news involves financial results and guidance. Veritiv regularly reported quarterly earnings, including net income, adjusted EBITDA and free cash flow, and discussed the performance of its Packaging, Facility Solutions and Print Solutions activities. These releases often highlighted the impact of a diversified product and industry portfolio and referenced guidance for full-year results while the company was public.
Veritiv’s news also covers investor relations events, such as plans to release quarterly results, host conference calls and webcasts, and present at investor conferences. In addition, the company issues updates on corporate responsibility and community engagement, including its Veritiv Connects program and partnerships with organizations like Boys & Girls Clubs of America and Purpose Built Communities.
For readers tracking VRTV-related news, this page serves as an archive of Veritiv’s historical public-company announcements, from earnings and dividends to the CD&R acquisition and community initiatives.
ITT Inc. (NYSE: ITT) has announced the appointment of Mary Laschinger to its Board of Directors, effective May 21, 2025. Laschinger brings extensive experience as the former CEO and Board Chair of Veritiv Corporation (2014-2020) and held multiple senior management roles at International Paper Company for over 20 years. Her expertise spans global manufacturing operations, product management, and M&A, with a proven track record of transforming underperforming business units into top-quartile performers. Laschinger currently serves on the boards of Kellanova and Dollar Tree Inc., and is a member of the Executive Advisory Council for Apollo Global Management.
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Veritiv (NYSE: VRTV) announced its Q1 2023 financial results and reaffirmed its 2023 guidance. Key highlights include:
- Net income of $68.7 million, down 12.5% year-over-year
- Diluted EPS of $5.00, a 2.3% decrease
- Adjusted EBITDA of $103.8 million with a margin of 6.9%
- Net sales of $1.5 billion, an 18.7% decrease
- Free cash flow of $68.0 million
The company maintained its full-year 2023 guidance, projecting net income between $265-$305 million and diluted EPS of $19.00-$22.00. Veritiv's Board approved a dividend of $0.63 per share, payable on June 5, 2023. Despite industry-wide destocking and softening demand, the company achieved record first-quarter Adjusted EBITDA margin, attributing its performance to its diversified portfolio and recession-resistant business model.
