OverviewSuggest Edit
Gannett is a digitally focused media and marketing solutions company committed to strengthening communities and helping them build relationships with their local businesses. The company operates through two segments, Publishing and ReachLocal, delivering original content, consumer experiences and benefits, and advertiser products and services. Its brands include USA TODAY NETWORK with the USA TODAY newspaper and a number of local media brands, digital marketing services companies ReachLocal and SweetIQ, and media company Newsquest.
| Type | Public | |
| Founded | 1906 | |
| HQ | Tysons, VA, US | Map |
| Website | gannett.com | |
| Employee Ratings | More | |
| Overall Culture | D | More |
Recent NewsAll News
- Global Print Media Market Report 2021-2030 Featuring Prominent Players - News Corp; Pearson PLC; Bertelsmann; Axel Springer and Gannett Company
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Gannett Co., Inc. - GCI
- USA Today parent Gannett posts wider-than-expected loss but revenue beats estimates
- Gannett provides upbeat revenue outlook on advertising rebound
Key People/Management at Gannett
Mike Reed
Jay Fogarty
Kevin Sheehan
Doug Horne
Polly Grunfeld Sack
Kris Barton
Gannett Office Locations
Gannett Financials and Metrics
Gannett Revenue
| USD | |
|---|---|
Revenue (Q3, 2019) | 635.6m |
Gross profit (Q3, 2019) | 239.4m |
Gross profit margin (Q3, 2019), % | 37.7% |
Net income (Q3, 2019) | 10.6m |
EBIT (Q3, 2019) | 25.6m |
Market capitalization (1-Apr-2021) | 741.1m |
Closing stock price (1-Apr-2021) | 5.3 |
Cash (30-Sept-2019) | 101.4m |
EV | 932.8m |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 773.5m | 774.5m | 744.3m | 723.0m | 730.8m | 711.7m | 663.4m | 660.3m | 635.6m |
Cost of goods sold | 508.4m | 485.6m | 476.5m | 457.0k | 452.1m | 446.4m | 411.2m | 403.1m | 396.2m |
Gross profit | 265.0m | 288.9m | 267.7m | 722.5m | 278.7m | 265.3m | 252.3m | 257.2m | 239.4m |
Gross profit Margin, % | 34% | 37% | 36% | 100% | 38% | 37% | 38% | 39% | 38% |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (2.1m) | (2.6m) | 20.5m | (377.0k) | 15.9m | 29.3m | (11.9m) | 14.8m | 25.5m |
Depreciation and Amortization | 46.8m | 98.7m | 148.5m | 40.3m | 78.6m | 117.1m | 37.0m | 72.5m | 104.8m |
Accounts Payable | (59.0m) | ||||||||
Cash From Operating Activities | 31.1m | 129.5m | 163.7m | 65.2m | 80.5m | 141.4m | 37.5m | 35.6m | 99.9m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 145.1k |
Financial Leverage | 3.3 x |
Gannett Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| WordStream | May 11, 2018 | $130 m |
| SweetiQ | April 20, 2017 | |
| Golfweek | October 05, 2016 | |
| North Jersey Media Group | July 06, 2016 | |
| ReachLocal | June 27, 2016 | |
| Journal Media Group Inc | April 08, 2016 | $280 m |
| ACTION ADVERTISING, INC. | ||
| ADVERTISER SERIES LIMITED | ||
| ADVERTISING DISTRIBUTION SERVICES LIMITED | ||
| ALEXANDRIA NEWSPAPERS, INC. |
Gannett Revenue Breakdown
Gannett revenue breakdown by business segment: 14.1% from ReachLocal, 87.8% from Publishing and -1.9% from Other
Gannett Cybersecurity Score
Gannett Environment, Social & Governance (ESG) Ratings
Gannett Online and Social Media Presence
14.2k Twitter followers
Gannett has 14.2k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.7% quarter over quarter
Gannett's Trends
Twitter Engagement Stats for @Gannett
5.6k
Tweets
1.3k
Following
14.2k
Followers
29
Tweets last 30 days
7.1
Avg. likes per Tweet
86.2%
Tweets with engagement
Gannett Company Culture
Overall Culture
D
57/100
CEO Rating
D
62/100
Compensation
D
53/100
Diversity
D
54/100
Gannett News and Updates
Global Print Media Market Report 2021-2030 Featuring Prominent Players - News Corp; Pearson PLC; Bertelsmann; Axel Springer and Gannett Company
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Gannett Co., Inc. - GCI
USA Today parent Gannett posts wider-than-expected loss but revenue beats estimates
Gannett provides upbeat revenue outlook on advertising rebound
Gannett Struggles As Vermont Startups Create The Future Of News
USA Today parent Gannett posts narrower-than-expected loss and revenue beat as it recovers from pandemic lows
Gannett Frequently Asked Questions
When was Gannett founded?
Gannett was founded in 1906.
Who are Gannett key executives?
Gannett's key executives are Mike Reed, Jay Fogarty and Kevin Sheehan.
How many employees does Gannett have?
Gannett has 16,980 employees.
What is Gannett revenue?
Latest Gannett annual revenue is $2.9 b.
What is Gannett revenue per employee?
Latest Gannett revenue per employee is $171.8 k.
Who are Gannett competitors?
Competitors of Gannett include New York Magazine, Advance and Cox Enterprises.
Where is Gannett headquarters?
Gannett headquarters is located at 7950 Jones Branch Dr, Tysons.
Where are Gannett offices?
Gannett has offices in Tysons and Pittsford.
How many offices does Gannett have?
Gannett has 2 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies