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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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.

ATLANTA , April 18, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its First Quarter 2022 financial results on Monday, May 9, at 9 a.m. EDT. To participate, callers within the U.S. and Canada can dial (833) 968-2031, and international callers can dial (236) 714-2130, both using conference ID number 4679335.

Veritiv to Release First Quarter 2022 Financial Results on May 9

Veritiv's revenue will grow again this year. The company has strong pricing power.

Why Veritiv Is Still A Buy

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

Veritiv (VRTV) Just Overtook the 20-Day Moving Average

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Veritiv (VRTV) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Veritiv (VRTV) Is Still a Bargain Stock

Veritiv (VRTV) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in Veritiv (VRTV) Should Keep going

Veritiv's (VRTV) move will support its focus on higher growth, increased margin businesses and geographies and accelerate investments in the Packaging and Facility Solutions capabilities.

Veritiv (VRTV) to Divest Canada Business to Imperial Dade

ATLANTA , March 18, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a full-service provider of business-to-business products, services and solutions, announced today that it has signed a definitive purchase agreement to sell its Veritiv Canada, Inc. business to Imperial Dade. "This sale aligns with our strategy to focus on higher growth, higher margin businesses and geographies, and further invest in building on our industry-leading Packaging and Facility Solutions capabilities," said Sal Abbate, Veritiv's Chief Executive Officer.

Veritiv Announces Entry into Definitive Purchase Agreement to Sell its Canadian Operations

ATLANTA , March 15, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV) announced today that Susan Salyer, Veritiv's Senior Vice President and Chief Compliance and Sustainability Officer, will be promoted to General Counsel and Corporate Secretary, effective June 1, 2022. Ms. Salyer will succeed Mark Hianik, current Senior Vice President, General Counsel and Corporate Secretary, who announced plans to retire from Veritiv.

Veritiv Promotes Susan Salyer to General Counsel and Corporate Secretary

Veritiv's (VRTV) Q4 results gain from strong packaging sales growth and operational improvements.

Veritiv (VRTV) Q4 Earnings Surpass Estimates, Improve Y/Y

Veritiv Corporation (VRTV) Q4 2021 Earnings Conference Call - Earnings Call Transcript

The Veritiv Corporation (NYSE: VRTV) stock increased by over 15% during intraday trading today. This is why.

Veritiv Corporation (VRTV) Stock: Why It Jumped Up Today

ATLANTA, March 1, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a full-service provider of business-to-business products, services and solutions, today announced financial results for the fourth quarter and full year ended December 31, 2021. "Strong Packaging sales growth and operational improvements across the enterprise drove our best earnings and Adjusted EBITDA margin performance of any quarter on record.

Veritiv Announces Record Fourth Quarter and Full Year 2021 Net Income, EPS, Adjusted EBITDA, and Adjusted EBITDA Margin; and a $200 Million Share Repurchase Program

ATLANTA, Feb. 8, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its fourth quarter and full year 2021 financial results on Tuesday, March 1, at 9 a.m. EST. To participate, callers within the U.S. and Canada can dial (833) 968-2031, and international callers can dial (236) 714-2130, both using conference ID number 7797766.

Veritiv to Release Fourth Quarter and Full Year 2021 Financial Results on March 1

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Tronox (TROX), Veritiv (VRTV) & Jabil (JBL) currently have striking earnings growth and positive estimate revisions. This makes them compelling buys.

3 of the Best Stocks to Invest In for Stellar Earnings Growth

Does Veritiv (VRTV) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Veritiv (VRTV) is a Great Choice

Veritiv (VRTV) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Veritiv (VRTV) Soars to 52-Week High, Time to Cash Out?

If you are looking for stocks that are well positioned to maintain their recent uptrend, Veritiv (VRTV) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

What Makes Veritiv (VRTV) a Good Fit for "Trend Investing"

The stock price of Veritiv Corp (NYSE: VRTV) increased 29.71% today. This is why it happened.

Veritiv Stock (VRTV): Why The Price Surged Today

Veritiv Corporation (VRTV) CEO Sal Abbate on Q3 2021 Results - Earnings Call Transcript

Shares of Veritiv Corp (NYSE: VRTV) opened about 30% up on Wednesday after the Georgia-headquartered company reported a record $40 million in net income for the fiscal third quarter – a close to 100% annualised growth. Q3 financial performance Veritiv said it earned $2.54 per share in Q3 on $1.77 billion in sales.

Veritiv Corp opened 30% up on Wednesday: here's why

ATLANTA, Nov. 3, 2021 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a full-service provider of business-to-business distribution solutions, today announced financial results for the third quarter ended September 30, 2021. "Double-digit Packaging sales growth contributed to our best earnings and Adjusted EBITDA margin performance of any quarter in company history," said Sal Abbate, Chief Executive Officer.

Veritiv Announces Record Third Quarter 2021 Net Income, Adjusted EBITDA and Adjusted EBITDA Margin; Raises Guidance

Veritiv Corporation has had a rough few years leading up to the current fiscal year. However, cost-cutting initiatives by management have worked and the company is seeing improved results today.

Veritiv Corporation: Not Best Of Breed, But A Solid Prospect Nonetheless

ATLANTA, Oct. 13, 2021 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its third quarter 2021 financial results on Wednesday, November 3, at 9 a.m. EDT. To participate, callers within the U.S. and Canada can dial (833) 968-2031, and international callers can dial (236) 714-2130, both using conference ID number 4715619.

Veritiv to Release Third Quarter 2021 Financial Results on November 3

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