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The McClatchy Company is a news and information publisher of publications such as the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The Company's businesses are comprised of daily newspapers, websites and mobile apps, mobile news and advertising, video products, niche publications, direct marketing, direct mail services and nearby community newspapers. Its media companies range from large daily newspapers and news websites serving metropolitan areas to non‑daily newspapers with news websites and online platforms serving small communities. In addition, McClatchy's full-service digital agency, excelerate, provides digital marketing tools designed to customize digital marketing plans for the customers.

TypePublic
Founded1857
HQSacramento, US
Websitemcclatchy.com
Employee Ratings3.4
Culture scoreF

Latest Updates

Employees (est.) (Dec 2018)3,300(-15%)
Job Openings83
Revenue (FY, 2019)$709.5 M(-12%)
Share Price (Apr 2020)$0.1

Key People/Management at McClatchy

Terry Geiger

Terry Geiger

Vice President, Technology
Anders Gyllenhaal

Anders Gyllenhaal

Vice President, News and Washington Editor
Christian Hendricks

Christian Hendricks

Vice President, Products, Marketing and Innovation
Elaine Lintecum

Elaine Lintecum

Vice President, Finance and Chief Financial Officer
Billie McConkey

Billie McConkey

Vice President, Human Resources
Mark Zieman

Mark Zieman

Vice President, Operations
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McClatchy Office Locations

McClatchy has offices in Sacramento, Alpharetta, Atlanta, Auburn and in 32 other locations
Sacramento, US (HQ)
2100 Q St
Alpharetta, US
Alpharetta, GA, USA
Atlanta, US
Atlanta, GA, USA
Auburn, US
Auburn, WA, USA
Austin, US
Austin, TX, USA
Boise, US
Boise, ID, USA
Show all (36)

McClatchy Financials and Metrics

McClatchy Revenue

McClatchy's revenue was reported to be $709.52 m in FY, 2019
USD

Revenue (FY, 2019)

709.5m

Net income (FY, 2019)

(411.1m)

EBIT (FY, 2019)

(312.1m)

Market capitalization (8-Apr-2020)

6.2m

Closing stock price (8-Apr-2020)

0.1

Cash (29-Dec-2019)

10.5m

EV

683.5m
McClatchy's current market capitalization is $6.2 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

977.1m903.6m807.2m709.5m

Revenue growth, %

(8%)(8%)(11%)

Sales and marketing expense

383.7m338.6m298.0m

General and administrative expense

383.7m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

238.0m242.2m234.7m221.2m225.1m212.6m198.9m204.3m191.1m180.3m178.7m167.4m

Sales and marketing expense

102.8m98.2m95.0m91.4m86.8m80.7m79.2m77.9m73.5m69.4m

Operating expense total

244.0m244.9m233.2m225.7m213.0m208.0m201.8m202.7m210.1m187.6m83.1m82.9m

Depreciation and amortization

24.6m24.4m20.6m19.8m19.6m19.6m19.2m19.2m19.0m17.5m17.4m5.6m
Annual
usdY, 2009Y, 2010FY, 2011Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

6.2m17.5m86.0m86.0m113.1m113.1m80.8m80.8m220.9m220.9m9.3m9.3m5.3m99.4m21.9m10.5m

Accounts Receivable

179.0m177.2m167.5m10.8m144.6m36.8m138.2m16.4m11.9m101.1m81.7m56.1m

Prepaid Expenses

19.0m31.6m27.4m14.9m19.2m19.0m15.5m

Inventories

28.8m30.1m26.5m19.5m16.7m7.9m9.1m5.3m
USDY, 2019

EV/EBIT

-2.2 x

EV/CFO

-101.1 x

Financial Leverage

-1.3 x
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McClatchy Operating Metrics

McClatchy's Monthly Unique Visitors was reported to be 56.7 m in FY, 2016.
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Daily Newspaper's Circulation

1.70 m1.63 m1.48 m

Digital News Subscribers

71.20 k79.30 k78.40 k80 k80.30 k83.10 k84.50 k

Markets

28 28 29

Monthly Unique Visitors

43.20 m50.60 m56.70 m
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McClatchy Revenue Breakdown

Embed Graph

McClatchy revenue breakdown by business segment: 58.2% from Advertising, 37.3% from Audience and 4.5% from Other

McClatchy Online and Social Media Presence

Embed Graph

McClatchy Company Culture

  • Overall Culture

    F

    44/100

  • CEO Rating

    B-

    70/100

  • Compensation

    F

    25/100

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McClatchy News and Updates

McClatchy Announces Winners of the President's Awards for Excellence in Local Journalism

SACRAMENTO, Calif., May 21, 2020 /PRNewswire/ -- McClatchy (OTC: MNIQQ) today announced the winners of the annual President's Awards that recognizes the best work from journalists across the company's 30 local newsrooms. This year's awards spotlighted high-impact, investigative and...

McClatchy Receives Court Approval of First Day Motions to Support Ongoing Operations

NEW YORK, Feb. 14, 2020 /PRNewswire/ -- McClatchy announced today that the U.S. Bankruptcy Court for the Southern District of New York has granted the Company approval for its first day motions related to its voluntary Chapter 11 petitions filed on February 13, 2020. The Court granted...

Local publishing giant McClatchy files for bankruptcy

McClatchy announced Thursday that it voluntarily filed for bankruptcy to allow the company to restructure its debt and pension obligations.Why it matters: The bankruptcy ends family control of one of the largest newspaper publishers in the country. It will also hand the company to creditors, who "ha…

McClatchy Files For Bankruptcy, Further Signaling America’s Local News Crisis

The 163-year-old company’s stock will be delisted soon.

Miami Herald parent McClatchy files for bankruptcy protection

The publisher of the Miami Herald, The Kansas City Star and dozens of newspapers across the country is filing for bankruptcy protection.

Newspaper publisher McClatchy files for bankruptcy protection

Newspaper publisher McClatchy Co. said it's filing for Chapter 11 bankruptcy protection. The second-largest U.S. local newspaper company has obtained new $50 million debtor-in-possession financing from Encina Business Credit that will allow the local news outlets it operates to continue to operate.…
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McClatchy Frequently Asked Questions

  • When was McClatchy founded?

    McClatchy was founded in 1857.

  • Who are McClatchy key executives?

    McClatchy's key executives are Terry Geiger, Anders Gyllenhaal and Christian Hendricks.

  • How many employees does McClatchy have?

    McClatchy has 3,300 employees.

  • What is McClatchy revenue?

    Latest McClatchy annual revenue is $709.5 m.

  • What is McClatchy revenue per employee?

    Latest McClatchy revenue per employee is $215 k.

  • Who are McClatchy competitors?

    Competitors of McClatchy include Gannett, Independent News & Media and Mediahuis Nederland.

  • Where is McClatchy headquarters?

    McClatchy headquarters is located at 2100 Q St, Sacramento.

  • Where are McClatchy offices?

    McClatchy has offices in Sacramento, Alpharetta, Atlanta, Auburn and in 32 other locations.

  • How many offices does McClatchy have?

    McClatchy has 36 offices.