Quad/Graphics Renews OfficeMax Retail Insert and Catalog Work, and Adds Direct Mail With New Agreement
2012年5月4日 - 3:18AM
ビジネスワイヤ(英語)
Quad/Graphics, Inc. (NYSE:QUAD) has renewed its exclusive retail
insert and catalog printing business with OfficeMax Incorporated
and added significant direct mail volume for the leading office
supply retailer in a new multiyear agreement. With additional
related freight logistics and in-store signage business, total
revenues from the long-time Quad/Graphics customer are expected to
grow approximately 20 percent versus prior year levels.
“We have printed OfficeMax catalogs for more than 20 years and
that has given us a solid foundation to expand our services for
this leading retailer,” said Joel Quadracci, Chairman, President
& CEO of Quad/Graphics. “Adding direct mail gives us another
way to grow our marketing solutions partnership with this important
client and reflects our commitment to serving our customers in more
ways to deliver even greater value to their businesses.”
About Quad/Graphics
Quad/Graphics (NYSE: QUAD) is a global provider of print and
related multichannel solutions for consumer magazines, special
interest publications, catalogs, retail inserts/circulars, direct
mail, books, directories, and commercial and specialty products,
including in-store signage. Headquartered in Sussex, Wis. (just
west of Milwaukee), the company has approximately 22,000 full-time
equivalent employees working from more than 50 print-production
facilities as well as other support locations throughout North
America, Latin America and Europe. As a printing industry
innovator, Quad/Graphics (www.QG.com) is redefining the power of
print in today’s multimedia world by helping its clients use print
as the foundation of multichannel communications strategies to
drive their top-line revenues.
Notes Regarding Quad/Graphics Inc. Forward-Looking
Statements
To the extent any statements in this press release contain
information that is not historical, these statements are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements relate to, among other things, the objectives, goals,
strategies, beliefs, intentions, plans, estimates, prospects,
projections and outlook of Quad/Graphics, Inc. (the "Company" or
"Quad/Graphics"), and can generally be identified by the use of
words such as "may", "will", "expect", "intend", "estimate",
"anticipate", "plan", "foresee", "believe" or "continue" or the
negatives of these terms, variations on them and other similar
expressions. In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances are forward-looking statements.
These forward-looking statements are not guarantees of future
performance and are subject to risks, uncertainties and other
factors, some of which are beyond the control of the Company. These
risks, uncertainties and other factors could cause actual results
to differ materially from those expressed or implied by those
forward-looking statements. Among risks, uncertainties and other
factors that may impact Quad/Graphics are those described in Item
1A of the company’s most recent Form 10-K and the following: the
impact of significant overcapacity in the highly competitive
commercial printing industry, which creates downward pricing
pressure and fluctuating demand for printing services; the
potential inability of the Company to reduce costs and improve
operating efficiency rapidly enough to meet market conditions; the
impact of electronic media and similar technological changes; the
impact of changing future economic conditions; the potential
failure to renew long-term contracts with customers, the renewal of
those contracts under different terms, or customer nonperformance
in accordance with the terms and for the duration of long-term
contracts; significant capital expenditures may be needed to
maintain the Company's platform and processes and to remain
technologically and economically competitive; the impact of
fluctuations in costs (including labor-related costs, energy costs,
freight rates and raw materials) and the impact of fluctuations in
the availability of raw materials; the impact of regulatory matters
and legislative developments or changes in laws, including changes
in environmental and privacy laws and postal rates, regulations and
services; the impact on Quad/Graphics class A common shareholders
of a limited active market for Quad/Graphics common stock and the
inability to independently elect directors or control decisions due
to the class B common stock voting rights; an other than temporary
decline in operating results and enterprise value that could lead
to non-cash impairment charges due to the impairment of goodwill,
other intangible assets and property, plant and equipment; the
liabilities of Worldcolor with respect to pension and
postretirement benefits could grow in the future and create
additional costs; restrictions imposed by various covenants in the
Company's debt facilities may affect the Company's ability to
operate its business; failure to successfully integrate the
operations of Quad/Graphics and Worldcolor; risks associated with
the Company's operations outside of the United States; and the
inability to retain and attract additional, key employees, or the
adverse effects of any strikes or other labor protests.
Quad/Graphics cautions that the foregoing list of risks,
uncertainties and other factors is not exhaustive and you should
carefully consider the other factors detailed from time to time in
Quad/Graphics' filings with the United States Securities and
Exchange Commission and other uncertainties and potential events
when reviewing the Company's forward-looking statements.
Because forward-looking statements are subject to assumptions
and uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. You are
cautioned not to place undue reliance on such statements, which
speak only as of the date of this press release. Except to the
extent required by the federal securities laws, Quad/Graphics
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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