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.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 , Sept. 3, 2024 /PRNewswire/ -- Veritiv, a leader in specialty packaging distribution, announced today it has entered into a binding agreement with Orora (ASX: ORA) to acquire the North American packaging and distribution business Orora Packaging Solutions (OPS)1.

Veritiv Announces Agreement to Acquire Orora Packaging Solutions

Veritiv Becomes Privately Held Company ATLANTA , Nov. 30, 2023 /PRNewswire/ -- Veritiv Corporation, a leading distributor of packaging, facility solutions, and print products, today announced that an affiliate of Clayton, Dubilier & Rice, LLC (CD&R) completed its acquisition of the company. On August 7, 2023, CD&R and Veritiv announced they had entered into a definitive agreement under which each share of Veritiv common stock issued and outstanding immediately prior to the closing of the transaction would be acquired for $170.00 per share in cash, valuing Veritiv at approximately $2.6 billion.

CD&R Completes Acquisition of Veritiv Corporation

Banc of California

Clearway Energy

S&P Global

Worthington Industries

W. P. Carey

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30: Carlyle Group Inc. (NASD: CG) will replace ICU Medical Inc. (NASD: ICUI) in the S&P MidCap 400. ICU Medical will replace PacWest Bancorp (NASD: PACW) in the S&P SmallCap 600.

Carlyle Group and WP Carey Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

ATLANTA , Oct. 17, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a leading full-service provider of business-to-business products, services and solutions, held a special meeting of stockholders earlier today at which Veritiv stockholders voted in favor of all proposals, including a proposal to approve the Company's pending acquisition by an affiliate of Clayton, Dubilier & Rice, (CD&R). "We are pleased with the results of the special meeting, and we thank our stockholders for their strong support for this transaction," said Sal Abbate, Chief Executive Officer of Veritiv.

Veritiv Announces Stockholder Approval of Acquisition by Clayton, Dubilier & Rice

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Veritiv Corporation (NYSE: VRTV) to an affiliate of Clayton, Dubilier & Rice, LLC. Under the terms of the proposed transaction, shareholders of Veritiv will receive $170 in cash for each share of Veritiv that they own. KSF is seeking to determine whether this consideration and the process that led to it ar.

VERITIV CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Veritiv Corporation - VRTV

Certified as one of the Newsweek 2023 Top 100 Most Loved Workplaces and one of the Fortune Most Admired Companies™ for 2023 ATLANTA , Sept. 20, 2023 /PRNewswire/ -- Veritiv has been certified as a 2023 Top 100 Most Loved Workplace® by Newsweek Magazine backed by the research and analysis of Best Practice Institute (BPI).

Veritiv Recognized for its Culture and Business Performance

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Veritiv (VRTV) Right Now?

Investors interested in Paper and Related Products stocks are likely familiar with Veritiv (VRTV) and Klabin SA (KLBAY). But which of these two companies is the best option for those looking for undervalued stocks?

VRTV vs. KLBAY: Which Stock Is the Better Value Option?

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.

Veritiv (VRTV) is on the Move, Here's Why the Trend Could be Sustainable

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

Veritiv (VRTV) Is Attractively Priced Despite Fast-paced Momentum

Boise Cascade

Global Industrial Co

Group 1 Automotive

Sprouts Farmers Markets

Do you have more faith in DuPont analysis than simple ROE calculation? Tap Sprouts Farmers Market (SFM), Global Industrial Company (GIC), Boise Cascade (BCC), Group 1 Automotive (GPI) and Veritiv (VRTV).

Top 5 Stocks to Make the Most of DuPont Analysis

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

Recent Price Trend in Veritiv (VRTV) is Your Friend, Here's Why

PHILADELPHIA , Aug. 9, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the fairness of the proposed buyout of Veritiv Corporation ("Veritiv") (NYSE: VRTV) shareholders by Clayton, Dubilier & Rice, LLC (CD&R) at $170.00 per share. The investigation seeks to determine (i) whether $170.00 per share represents maximum achievable cash consideration for Veritiv's shareholders, and (ii) whether Veritiv's officers and/or directors breached their fiduciary duties or violated the securities laws by agreeing to sell the company to CD&R at just $8.50 per share.

VERITIV SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation into Fairness of $170.00 Per Share Buyout Agreement - VRTV

Second Quarter Highlights Net Income of $70.7 million, a decrease of 22.4% from prior year Diluted EPS of $5.15, a decrease of 15.8% from prior year Record second quarter Adjusted EBITDA margin1 of 7.7% 14 consecutive quarters of year-over-year Adjusted EBITDA margin expansion ATLANTA , Aug. 8, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a leading full-service provider of business-to-business products, services and solutions, today announced financial results for the second quarter ended June 30, 2023. "The second quarter highlighted the value of our diversified and complementary portfolio of products and industry verticals.

Veritiv Announces Second Quarter 2023 Financial Results

MILWAUKEE , Aug. 7, 2023 /PRNewswire/ -- Ademi LLP is investigating Veritiv (NYSE: VRTV) for possible breaches of fiduciary duty and other violations of law in its transaction with CD&R.  Click here to learn how to join the action https://www.ademilaw.com/case/veritiv-corporation or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Veritiv Corporation has obtained a Fair Price in its transaction with CD&R

Veritiv Corporation told investors it has agreed to be acquired by an affiliate of Clayton, Dubilier & Rice (CD&R) for $170 per share, sending its shares 23% higher in early Monday trading. The Atlanta-headquartered company, which distributes packaging, facility solutions and print products, said the offer from CD&R comes at a 31% premium to the 30-day volume-weighted average price of its shares, valuing the company at $2.3 billion.

Veritiv agrees to buyout by CD&R valuing it at $2.3B; shares rally

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Veritiv Corporation (NYSE: VRTV) to an affiliate of Clayton, Dubilier & Rice, LLC for $170.00 per share in cash is fair to Veritiv shareholders. Halper Sadeh encourages Veritiv shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigatio.

VRTV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Veritiv Corporation Is Fair to Shareholders

Veritiv Corp. announced Monday an agreement to be acquired by private investment firm Clayton, Dubilier & Rice LLC in a deal that values the packaging and hygiene products company at about $2.3 billion. Veritiv's stock was halted for news, and was inactive in the premarket prior to the halt.

Veritiv to be acquired by Clayton, Dubilier & Rice at a 20% premium, valuing the company at $2.3 billion

Shareholders to  Receive  $170 Per  Share in Cash Transaction  Expected  to Close  in the Fourth Quarter  of 2023 Veritiv Board of Directors Approves Quarterly Dividend of $0.63 Per Share ATLANTA , Aug. 7, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a leading distributor of packaging, facility solutions and print products, announced today that it has entered into a definitive agreement to be acquired by an affiliate of Clayton, Dubilier & Rice, LLC (CD&R). Under the terms of the agreement, each share of Veritiv common stock issued and outstanding immediately prior to the closing of the transaction will be entitled to receive $170 per share in cash, representing a nearly 31% premium over Veritiv's 30-day volume-weighted average price of $129.89.

Veritiv Corporation to be Acquired by CD&R

Arcos Dorados Hlds

Delta Air Lines

Navigator Hlds

Here we present four top-ranked stocks, ARCO, NVGS, VRTV and DAL, with solid net profit margins that can contribute toward making a strong portfolio.

4 Solid Net Profit Margin Stocks to Boost Portfolio Returns

Investors looking for stocks in the Paper and Related Products sector might want to consider either Veritiv (VRTV) or Klabin SA (KLBAY). But which of these two stocks offers value investors a better bang for their buck right now?

VRTV or KLBAY: Which Is the Better Value Stock Right Now?

ATLANTA , July 21, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV) will host a live conference call and webcast to discuss its second quarter 2023 financial results on Tuesday, August 8, at 9 a.m. ET. To participate, callers within the U.S. and Canada can dial (888) 330-2469 using conference ID number 3047006.

Veritiv to Release Second Quarter 2023 Financial Results on August 8

ATLANTA , July 17, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a leading business-to-business distribution solutions company, today announced new corporate social responsibility commitments with Boys & Girls Clubs of America and Purpose Built Communities through its community engagement and philanthropy program, Veritiv Connects. "Giving back to the communities is not simply a value add - it is a core responsibility," said Sal Abbate, Veritiv.

Veritiv Expands Commitment to Community with Two National Nonprofit Organizations

Veritiv (VRTV) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Veritiv (VRTV) Shows Fast-paced Momentum But Is Still a Bargain Stock

W.W. Grainger

Universal Forest Products

Do you have more faith in DuPont analysis than simple ROE calculation? Tap UFP Industries (UFPI), Boise Cascade (BCC), Veritiv (VRTV), Group 1 Automotive (GPI) and W.W.

News for Veritiv Stock (VRTV)