Veritiv Increases 4th-Quarter Sales 5%March 1, 2018
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Veritiv Corp. has reported fiscal-fourth-quarter net sales of US$2.2 billion, an increase of 5 percent year-over-year.
Veritiv reported a quarterly net income of $12.3 million, up from $4.2 million in the prior year. Veritiv’s basic and diluted earnings per share were $0.78 and $0.77, respectively, compared to $0.26 for basic and diluted earnings per share in the same period one year ago.
Veritiv Corp. was formed in 2014 following the merger of xpedx and Unisource Worldwide, Inc. The Sandy Springs, GA-based company markets and distributes facility maintenance supplies, packaging systems, and printing and business-imaging papers throughout North America. For more information, visit www.veritivcorp.com.