VRTV - Earnings announcements

Second Quarter Highlights Net Income of $70.7 million, a decrease of 22.4% from prior yearDiluted EPS of $5.15, a decrease of 15.8% from prior yearRecord second quarter Adjusted EBITDA margin1 of 7.7%14 consecutive quarters of year-over-year Adjusted EBITDA margin expansionATLANTA, 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. Despite challenging macroeconomic conditions, Adjusted EBITDA

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. International callers can use the following link for international access numbers. https://events.evolveirportal.com/custom/access/2324  Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period at ir.veritivcorp.com shortly after the live webcast is completed. Prior to the August 8 financial resu

First Quarter Highlights Net Income of $68.7 million, a decrease of 12.5% from prior yearDiluted EPS of $5.00, a decrease of 2.3% from prior yearAdjusted EBITDA and Adjusted EBITDA margin1 of $103.8 million and 6.9%, respectivelyReturned $8.5 million to shareholders through dividendsNamed a 2023 World's Most Admired Company by Fortune MagazineATLANTA, May 9, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV), a full-service provider of business-to-business products, services and solutions, today announced financial results for the first quarter ended March 31, 2023. "The ongoing execution of our commercial strategy drove record first quarter Adjusted EBITDA margin, despite industry-wide de

ATLANTA, April 18, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its first quarter 2023 financial results on Tuesday, May 9, at 9 a.m. ET. To participate, callers within the U.S. and Canada can dial (888) 330-2469 using conference ID number 3047006. International callers can use the following link for international access numbers.https://events.evolveirportal.com/custom/access/2324  Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period at ir.veritivcorp.com shortly after the live webcast is completed. Prior to the May 9 financial results con

Fourth Quarter Financial Highlights Net Sales of $1.7 billion, a decrease of 10.8% from prior year; organic sales growth of 1.8% Net Income of $71.6 million, an increase of 25.8% from prior yearDiluted EPS of $5.20, an increase of 41.7% from prior yearAdjusted EBITDA and Adjusted EBITDA margin1 of $120.8 million and 7.3%, respectivelyNet Leverage Ratio of 0.4xFull Year 2022 Financial Highlights Net Income $337.9 million, an increase of 133.7% from prior yearDiluted EPS of $23.29, an increase of 158.5% from prior yearAdjusted EBITDA and Adjusted EBITDA margin1 of $517.9 million and 7.2%, respectivelyATLANTA, Feb. 28, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV), a full-service provide

ATLANTA, Feb. 7, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its fourth quarter and full year 2022 financial results on Tuesday, February 28, at 9 a.m. EST. To participate, callers within the U.S. and Canada can dial (888) 330-2469 using conference ID number 3047006. International callers can use the following link for international access numbers.https://events.evolveirportal.com/custom/access/2324  Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period at ir.veritivcorp.com shortly after the live webcast is completed. Prior to the Februar

Third Quarter Financial Highlights Net sales of $1.8 Billion, an increase of 2.1% from prior year; organic sales growth of 14.9% Net Income and Diluted EPS of $96.7 Million and $6.86, respectivelyAdjusted EBITDA and Adjusted EBITDA Margin1 of $141.3 Million and 7.8%, respectivelyNet Leverage Ratio of 0.6xDividend Highlights Company is announcing today that the Board of Directors authorized a quarterly cash dividend of $0.63 per shareAnnual dividend yield of approximately 2%, based on our recent share priceInitial dividend to be paid during fourth quarter 2022ATLANTA, Nov. 8, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV), a full-service provider of business-to-business products, servic

ATLANTA, Oct. 21, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its Third Quarter 2022 financial results on Tuesday, November 8, at 9 a.m. EST. To participate, callers within the U.S. and Canada can dial (888) 330-2469 using conference ID number 3047006. International callers can use the following link for international access numbers. https://events.evolveirportal.com/custom/access/2324  Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a

Second Quarter Financial Highlights Net sales of $1.8 Billion, an increase of 9.8% from prior year; organic sales growth of 18.2% compared to prior yearNet Income and Diluted EPS of $91.1 Million and $6.12, respectivelyAdjusted EBITDA and Adjusted EBITDA Margin1 of $136.3 Million and 7.5%, respectivelyNet Leverage Ratio of 0.7xATLANTA, Aug. 9, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV), a full-service provider of business-to-business products, services and solutions, today announced financial results for the second quarter ended June 30, 2022. "Double-digit organic sales growth and continued operational excellence contributed to the best performance for any quarter in company histo

ATLANTA, July 19, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its Second Quarter 2022 financial results on Tuesday, August 9, at 9 a.m. EDT. To participate, callers within the U.S. and Canada can dial (888) 330-2469 using conference ID number 3047006. International callers can use following link for international access numbers. https://events.evolveirportal.com/custom/access/2324 Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period at ir.veritivcorp.com shortly after the live webcast is completed. Prior to the August 9 financial results

First Quarter Financial Highlights Net sales of $1.9 billion, an increase of 19.2% from prior yearNet Income and Diluted EPS of $78.5 Million and $5.12, respectivelyAdjusted EBITDA and Adjusted EBITDA Margin1 of $119.5 Million and 6.4%, respectivelyNet Leverage Ratio of 1.1xATLANTA, May 9, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV), a full-service provider of business-to-business products, services and solutions, today announced financial results for the first quarter ended March 31, 2022. "Double-digit sales growth and year-over-year Adjusted EBITDA margin improvements across each of our segments drove record earnings performance for any quarter in Veritiv history" said Sal Abbate

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. Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period at ir.veritivcorp.com shortly after the live webcast is completed. Prior to the May 9 financial results conference call and webcast, the Company will issue a news release and post a slid

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. We reported Adjusted EBITDA margin of 5% for the full year and 6.2% for the fourth quarter, marking our eighth consecutive quarter of year-over-year improvement," said Sal Abbate, Chief Executive Officer. "Efficient pass through of market price increases and above-market volume

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. Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period of time at ir.veritivcorp.com shortly after the live webcast is completed. Prior to the March 1 financial results conference call and webcast, the Company will issue a ne

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. "The third quarter of 2021 marks the tenth consecutive quarter of year-over-year improvement in our Packaging segment Adjusted EBITDA margin performance. Demand and disciplined pass-through of supplier-driven inflationary price increases led to sales growth across most of our segments. T

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. Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period of time at ir.veritivcorp.com shortly after the live webcast i

ATLANTA, Aug. 9, 2021 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV), a full-service provider of business-to-business distribution solutions, today announced financial results for the second quarter ended June 30, 2021. "The combination of strong Packaging sales growth and operational improvements helped drive record net income and earnings per share for the second quarter and our best Adjusted EBITDA performance for any quarter in company history," said Sal Abbate, Chief Executive Officer. "We are executing very well against our multi-year strategy and believe these initiatives have resulted in an inflection point in our overall financial results." For the three months ended June

ATLANTA, July 26, 2021 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV) will host a live conference call and webcast to discuss its second quarter 2021 financial results on Monday, August 9, at 9 a.m. EDT. To participate, callers within the U.S. and Canada can dial (833) 968-2246, and international callers can dial (825) 312-2066, both using conference ID number 8979859. Interested parties can also listen online at ir.veritivcorp.com. A replay of the call and webcast will be available online for a limited period of time at ir.veritivcorp.com shortly after the live webcast is completed. Prior to the August 9 financial results conference call and webcast, the Company will issue a news release a