Veritiv

Veritiv Corp. operates as a business-to-business distributor of print, publishing, packaging, facility solutions, print and publishing products and services. The firm provides logistics and supply chain management solutions to its customers. It operates through the following segments: Print, Publishing, Packaging and Facility Solutions. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format and specialty paper products, graphics consumables and graphics equipment primarily in the U.S., Canada, and Mexico. The Publishing segment is involved in the sale and distribution of coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts and direct mail. The Packaging segment provides standard as well as custom and comprehensive packaging solutions for customers based in North America and in key global markets. The Facility Solutions segment sources and sells cleaning, break-room and other supplies such as towels, tissues, wipers and dispensers, can liners, commercial cleaning chemicals, soaps and sanitizers, sanitary maintenance supplies and equipment, safety and hazard supplies, and shampoos and amenities primarily in the U.S., Canada and Mexico. The company was founded on July 1, 2014 and is headquartered in Atlanta, GA.

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Earnings data Q3 2024

Veritiv achieves record-breaking 2022 results, poised for strategic growth

Veritiv delivered exceptional financial results in 2022, surpassing key performance metrics and achieving record growth.
The company's strategic initiatives and strong financial position position it well for future opportunities and challenges.
While facing some segment-specific challenges, Veritiv's overall performance and focus on shareholder value creation are commendable.
Opportunities for growth and market expansion exist through strategic investments and continued emphasis on sustainability.

Veritiv reports record margins and strong cash flow in Q1

Veritiv's Q1 2023 performance showcased resilience in challenging market conditions, with record margins in key segments and strong free cash flow. Despite facing industry challenges, the company remains focused on driving growth through strategic initiatives and maintaining financial discipline.

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Veritiv Corp offers printing, publishing, packaging, and facility management services. In addition, the company offers logistics and supply chain management services. Based on the kind of product, it operates in four key segments. The majority of revenue is generated by the Print business, which distributes commercial printing and speciality paper products. The Publishing segment provides publishers and retailers with coated and uncoated commercial printing materials for use in magazines, books, and direct mail. The Packaging division sells a variety of fibre-based, flexible, and stiff paper-based packaging materials. Cleaning, breakroom, toilet, safety, and hazard supplies are sold in the Facility Solutions segment.

The stock price of Veritiv Corp (NYSE: VRTV) increased by over 80% during intraday trading. This is why it happened.

VRTV Stock Price Increased Over 80% Intraday: Why It Happened

ATLANTA, March 3, 2021 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a full-service provider of business-to-business distribution solutions, today announced financial results for the fourth quarter and full year ended December 31, 2020. "The combination of Packaging sales growth over...

Veritiv Announces Record Fourth Quarter and Full Year 2020 Net Income and a $50 Million Stock Repurchase Program

Veritiv has struggled as a result of declining sales and too tight margins. A new CEO is opening a new chapter in the company.

Veritiv Is Showing Big Profitability Signs

I last wrote about Veritiv Corp (NYSE:VRTV), a previously "busted" distributor of paper and packaging products, about a year ago. A lot has happened since, including the Covid-19 pandemic.

A Checkup on Veritiv

Veritiv Corporation (VRTV) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

Veritiv (VRTV) Enters Overbought Territory

ATLANTA, Nov. 16, 2020 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV) (the "Company" or "Veritiv") today announced the pricing of an underwritten public offering of 1,400,000 shares of its common stock by UWW Holdings, LLC, one of its existing stockholders and the former parent company...

Veritiv Announces Pricing of Secondary Offering of Common Stock

ATLANTA, Nov. 16, 2020 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV) (the "Company" or "Veritiv") today announced an underwritten public offering of 1,400,000 shares of its common stock by UWW Holdings, LLC, one of its existing stockholders and the former parent company of Unisource...

Veritiv Announces Proposed Secondary Offering of Common Stock

Veritiv Corporation (VRTV) CEO Sal Abbate on Q3 2020 Results - Earnings Call Transcript

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Veritiv Corporation (VRTV) CEO Mary Laschinger on Q2 2020 Results - Earnings Call Transcript

ATLANTA, July 20, 2020 /PRNewswire/ -- Veritiv (NYSE: VRTV) today launches Vine, providing customers the packaging design quality and agility of a branding firm with the sourcing strength of a leading distribution company. Vine and its experienced team, backed by Veritiv, a Fortune 500.

Veritiv Introduces Vine: A New Packaging and Brand Design Offering

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The robust growth in end markets will more or less translate into top line and bottom line growth for Vertiv in the coming years.

Vertiv: A Solid Play On The Data Explosion Trend

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ATLANTA, June 22, 2020 /PRNewswire/ -- Veritiv (NYSE: VRTV) announced today it will begin shipment of work safe partitions built from corrugated material. Cost-effective, easy-to-set-up and environmentally friendly, these partitions give business and academic environments a safe and...

Corrugated Partitions Help Answer COVID-19 Safety Issue for Businesses and Schools

Despite an almost 20% decline this year, the stock price of Veritiv, best known for its packaging solutions, may still be vulnerable. At the current price around $16 per share, we believe Veritiv still has downside.

Whats Next For Veritiv Stock After A 20% Fall This Year?

Veritiv Corporation (VRTV) CEO Mary Laschinger on Q1 2020 Results - Earnings Call Transcript

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Veritiv Corporation (VRTV) CEO Mary Laschinger on Q4 2019 Results - Earnings Call Transcript

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The Paper and Related Products industry is poised to grow on packaging demand, aided by preferences over plastic packaging, as well as the e-commerce boom.

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Veritiv: A Klarman Stock That Is Dirt Cheap

Veritiv Corporation (VRTV) CEO Mary Laschinger on Q3 2019 Results - Earnings Call Transcript

Veritiv Corp. is a fallen angel is bouncing off a new all-time low.

Veritiv - Follow The Cash (Flow)

Veritiv disappointed investors in its latest quarterly earnings report.

News for Veritiv Stock (VRTV)