Gannett is a media and marketing solutions company that publishes newspapers and operates news and advertising internet sites. The Company's assets include the national newspaper USA Today and the erstwhile weekly USA Weekend. Other newspapers include The Indianapolis Star, The Cincinnati Enquirer, The Tennessean in Nashville, Tennessee, The Courier-Journal in Louisville, Kentucky, the Democrat and Chronicle in Rochester, New York, The Des Moines Register, the Detroit Free Press, The News-Press in Fort Myers, the Milwaukee Journal Sentinel, and the Great Falls Tribune. Gannett's publishing operations also include commercial printing and distribution, marketing, and data services. 

Employee Rating

3.2More
TypePublic
HQMcLean, US
Founded1906
Size (employees)19,000 (est)
Websitegannett.com
Gannett was founded in 1906 and is headquartered in McLean, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Gannett

Bob Dickey

Bob Dickey

President & Chief Executive Officer
Jamshid Khazenie

Jamshid Khazenie

Chief Technology Officer
Andy Yost

Andy Yost

Chief Marketing Officer
Alison Engel

Alison Engel

Senior Vice President & Chief Financial Officer
Barbara Wall

Barbara Wall

Senior Vice President & Chief Legal Officer
John Zidich

John Zidich

President of Domestic Publishing
Show more

Gannett Office Locations

Gannett has offices in McLean, Wixom, Westminster, Washington and in 161 other locations
McLean, US (HQ)
7950 Jones Branch Dr
Albuquerque, US
Albuquerque
Algoma, US
Algoma
Altoona, US
Altoona
Amherst, US
Amherst
Appleton, US
Appleton
Show all (165)
Report incorrect company information

Gannett Financials and Metrics

Gannett Revenue

Gannett's revenue was reported to be $3.15 b in FY, 2017 which is a 3.2% increase from the previous period.
USD

Revenue (Q2, 2018)

1.5b

Net income (Q2, 2018)

15.9m

EBIT (Q2, 2018)

17.8m

Market capitalization (11-Jan-2019)

1.1b

Closing stock price (11-Jan-2019)

9.8

Cash (30-Jun-2018)

209.7m
Gannett's current market capitalization is $1.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.3b3.2b2.9b3.0b3.1b

Revenue growth, %

(5%)(9%)6%3%

Cost of goods sold

2.1b2.0b1.9b2.0b

Gross profit

1.2b1.2b1.0b1.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

773.5m774.5m744.3m723.0m1.5b

Sales and marketing expense

435.5m445.2m420.8m399.5m

General and administrative expense

212.7m210.4m204.0m213.0m412.1m

Operating expense total

772.4m764.0m732.5m723.3m1.4b
Annual
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017

Cash

134.1m78.6m71.9m196.7m120.6m

Accounts Receivable

352.5m

Prepaid Expenses

55.9m

Inventories

22.4m30.2m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

62.3m142.8m190.9m144.1m116.8m89.5m126.9m110.0m145.9m209.7m

Accounts Receivable

27.4m20.4m23.8m

Inventories

38.0m31.4m28.6m34.3m38.5m

Current Assets

481.7m568.3m576.9m556.5m559.1m573.1m587.5m574.1m589.5m656.7m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

6.9m

Depreciation and Amortization

191.9m

Inventories

(26.6m)176.3m10.6m

Accounts Payable

7.4m66.6m(22.2m)
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Net Income

86.6m125.7m(2.1m)(2.6m)(377.0k)15.9m

Depreciation and Amortization

55.4m83.8m46.8m98.7m40.3m78.6m

Inventories

28.6m34.3m38.5m

Cash From Operating Activities

129.5m65.2m80.5m
USDY, 2018

Financial Leverage

2.2 x
Show all financial metrics

Gannett Operating Metrics

FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Average Monthly Unique Visitors

100 m100 m107 m118 m110 m114.50 m

Daily Newspaper's Circulation

4 m3.60 m

Markets

100 120 120 120

Mobile Applications Downloaded

25.70 m25.70 m26 m27 m27.70 m27 m
Show all operating metrics

Gannett Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SweetiQApril 20, 2017
ReachLocalJune 27, 2016

Gannett Revenue Breakdown

Embed Graph

Gannett revenue breakdown by business segment: 11.3% from ReachLocal, 88.6% from Publishing and 0.2% from Other

Report incorrect company information

Gannett Online and Social Media Presence

Embed Graph
Report incorrect company information

Gannett News and Updates

USA Today Publisher Gannett Gets $1.36 Billion Hostile Bid From Newspaper Owner MNG

Gannett has been stung by the loss of advertisers to social media.

Gannett to 'carefully' review MNG's buyout bid

Gannett Co. Inc., the media company publisher of the USA Today newspaper, responded to MNG Enterprises unsolicited bid to buy the company, but saying it will "carefully" review the proposal and determine what is in the best interest of shareholders. Gannett said shareholders have not need to take an…

Unsolicited buyout bid puts 23% premium on shares of newspaper publisher Gannett

Unsolicited buyout bid puts 23% premium on shares of newspaper publisher Gannett

Gannett Gets $1.36 Billion Hostile Bid From MNG Enterprises

Gannett Gets $1.36 Billion Hostile Bid From Newspaper Owner MNG

Hedge fund-backed media company offers to buy USA Today publisher Gannett

Newspaper chain MNG Enterprises on Monday offered to buy publisher Gannett for $12 per share.

MNG plans to make buy offer for USA Today publisher Gannett - WSJ

Newspaper chain MNG Enterprises Inc plans to make an offer to buy USA Today publisher Gannett Co Inc for $12 per share, the Wall Street Journal reported on Sunday.
Show more
Report incorrect company information

Gannett Company Life and Culture

Report incorrect company information

Gannett Frequently Asked Questions

  • When was Gannett founded?

    Gannett was founded in 1906.

  • Who are Gannett key executives?

    Gannett's key executives are Bob Dickey, Jamshid Khazenie and Andy Yost.

  • How many employees does Gannett have?

    Gannett has 19,000 employees.

  • What is Gannett revenue?

    Latest Gannett annual revenue is $3.1 b.

  • What is Gannett revenue per employee?

    Latest Gannett revenue per employee is $165.6 k.

  • Who are Gannett competitors?

    Competitors of Gannett include Advance Publications, Cox Enterprises and Hearst.

  • Where is Gannett headquarters?

    Gannett headquarters is located at 7950 Jones Branch Dr, McLean.

  • Where are Gannett offices?

    Gannett has offices in McLean, Wixom, Westminster, Washington and in 161 other locations.

  • How many offices does Gannett have?

    Gannett has 165 offices.