Perfection Press Becomes Part of Total Printing Systems

11 Thought Leaders present their views on what lies ahead. Tony’s Chocolonely’s is the fastest-growing major chocolate brand in the UK. Kesh is the B2B Sales Manager at Tony’s Chocolonely. She is here to explain the story behind the brand, an impact company, committed to ending exploitation in cocoa and how they are using the power of personalised print. She leads the personalised bars business in the UK, working with businesses to drive awareness of their mission, get more personalised bars into more hands and drive impact.

Quad/Graphics, Inc. announced that it has been added as a member of the U.S. small-cap Russell 2000® Index pertaining to the 2022 Russell indexes reconstitution, effective June 27, 2022. The Company’s membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes. “We are pleased to be a member of the Russell indexes, and look forward to continuing to share how we are accelerating and scaling our strategy as a marketing experience company,” said Tony Staniak, Chief Financial Officer of Quad. “We continue to build on positive sales growth momentum from clients embracing our integrated marketing platform, while focusing on financial objectives to drive shareholder value.”

Results for the three months ended September 30, 2020, included: *Net Sales — Net sales were $679 million in 2020, down 28% from 2019. Sales declined 26% during the quarter, excluding the impact of the January 2020 sale of the Omaha packaging plant, primarily due to the economic impact from the COVID-19 pandemic, and ongoing print industry volume and pricing pressures. *Net Earnings (Loss) From Continuing Operations — Net earnings from continuing operations increased $50 million from the third quarter of 2019, from a net loss of $47 million in 2019 ($0.94 diluted loss per share from continuing operations) to net earnings of $3 million in 2020 ($0.05 diluted earnings per share from continuing operations). Results for the nine months ended September 30, 2020, included: *Net Sales — Net sales were $2.1 billion in 2020, down 27% in 2019. Sales declined 25% during the nine months ended September 30, 2020, after excluding the impact of the January 2020 sale of the Omaha packaging plant, primarily due to the economic impact from the COVID-19 pandemic, and ongoing print industry volume and pricing pressures. *Net Loss From Continuing Operations — Net loss from continuing operations improved $42 million from the first nine months of 2019, from a net loss of $63 million in 2019 ($1.26 diluted loss per share from continuing operations) to a net loss of $21 million in 2020 ($0.41 diluted loss per share from continuing operations).