Veritiv (VRTV) Tops Q4 EPS by $2.63, Revenues Beat

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Veritiv Announces Record Fourth Quarter and Full Year 2020 Net Income and a $50 Million Stock Repurchase Program

March 3, 2021 8:00 AM EST

ATLANTA, March 3, 2021 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a full-service provider of business-to-business distribution solutions, today announced financial results for the fourth quarter and full year ended December 31, 2020.

"The combination of Packaging sales growth over prior year and improving core sales trends from the prior two quarters in our other segments led to record net income and Adjusted EBITDA in the fourth quarter," said Sal Abbate, Chief Executive Officer. "We made significant progress this year towards our vision of being a leading provider of packaging products, services and solutions. Despite the... More