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Emerald Holding, Inc. - EEX STOCK NEWS

Welcome to our dedicated page for Emerald Holding news (Ticker: EEX), a resource for investors and traders seeking the latest updates and insights on Emerald Holding stock.

Emerald Holding, Inc. (NYSE: EEX) is a premier organizer of customer-focused tradeshows and consumer events across the United States. Headquartered in San Juan Capistrano, California, with additional offices in major cities including Los Angeles, Chicago, Alpharetta, Atlanta, Naples, Manhattan, and Westchester, New York, the company boasts a diverse portfolio of more than 50 tradeshows, conferences, and events.

Emerald Holding operates in nine key industries:

  • Gift, Home & General Merchandise
  • Sports & Apparel
  • Licensing
  • Jewelry, Luxury & Antiques
  • Photo
  • Design
  • Healthcare
  • Military
  • eCommerce

Emerald Holding’s business is broadly categorized into three complementary divisions: Connections, Content, and Commerce. The Connections division features a collection of B2B trade show franchises and live events, which allow exhibitors to engage with buyers and elevate brand awareness. The Content division includes B2B print publications and digital media products that support the trade show properties. The Commerce division offers software-as-a-service technology through platforms like Elastic Suite and Bulletin, enabling continuous B2B transactions for customers.

In terms of financial performance, the majority of revenue is driven by the Connections segment, leveraging industry analysis and market intelligence to help customers build relationships, generate leads, and market their products effectively. Emerald Holding continues to seek top talent to maintain its high standards of excellence across its expansive range of operations.

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The Retail Innovation Conference & Expo will take place in Chicago from May 10-12, 2022, featuring metaverse experts including Cathy Hackl and Clinique's Roxanne Iyer. Their keynote session will focus on the impact of the metaverse on retail, sharing insights on digital collectibles and consumer engagement. The event is expected to showcase how brands like Clinique and e.l.f. Beauty are leveraging immersive experiences and NFTs to enhance customer interaction. This conference promises valuable strategies for executives as they navigate the evolving retail landscape.

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The 2022 MJBiz Factbook projects that U.S. retail cannabis sales will exceed $33 billion by the end of 2022, potentially rising over $52 billion by 2026. The cannabis industry is anticipated to contribute nearly $100 billion to the U.S. economy in 2022 and $158 billion by 2026. Employment in the industry is set to grow from 520,000 to over 800,000 full-time workers by 2026. The report highlights strong growth in both medical and recreational sectors, influenced by new market entries such as New Jersey.

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The Prosper Show, hosted by Emerald Holding (NYSE: EEX), achieved record success during its March 13-16 event in Las Vegas, with a 32% increase in exhibitor participation compared to the pre-COVID 2019 event. Customer satisfaction soared, with a remarkable 1,215% boost in Net Promoter Scores (NPS) since 2019. The event featured over 50 sessions and 80 industry experts, addressing diverse topics including sales on Walmart and global expansion strategies. The participation growth reflected increasing demand in the eCommerce sector, particularly in aggregator and capital investment services.

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The Retail Innovation Conference & Expo (#RICE22) will take place from May 10–12, 2022, in Chicago at McCormick Place. Over 130 industry leaders from major brands like Coach, Target, and Google will speak on the theme "Retail 5.0: Designing the Next Era of Connected Commerce." The event aims to facilitate a blend of digital and physical retail, with new agenda formats for personalized experiences through various tracks. Adam O’Brien, Show Director, emphasized the evolving retail landscape amid the rise of the metaverse, indicating a significant shift in consumer-brand dynamics.

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Demand Gen Report announced the winners of the 11th annual Killer Content Awards, recognizing 32 B2B brands for creative and engaging marketing campaigns. The awards featured 17 categories, with Toshiba Global Commerce Solutions winning the B2B’s Choice Award and Video Content category for their unique video series. The event highlighted the importance of innovative storytelling in B2B marketing amidst a crowded digital space. A total of 115 nominations were received, showcasing the best in B2B content strategies.

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The Retail Innovation Conference & Expo, taking place in Chicago from May 10-12, has partnered with PAVE to enhance education and mentorship in the retail design community. This collaboration aims to connect students with industry executives, fostering networking opportunities through an AI-powered app and dedicated sessions. PAVE will assist in shaping the conference agenda and drive participation. A portion of exhibitor sales will support PAVE's mission, emphasizing the importance of relationships in creating career opportunities for students entering the retail industry.

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Emerald Holding, a leader in B2B trade shows, reported financial results for 2021, showcasing a net loss of $78.1 million, significantly improved from a loss of $633.6 million in 2020. The company hosted 63 in-person events with over 129,000 attendees. Revenue reached $145.5 million, a 14.2% increase year-over-year, influenced by recovered live events. Adjusted EBITDA stood at $45.7 million, reflecting a decrease from $71.9 million in 2020. Emerald completed the acquisition of MJBiz for $120 million and anticipates continued growth with a full 2022 event slate.

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Emerald Holding, Inc. (NYSE:EEX) will announce its financial results for Q4 and full-year 2021 on February 24, 2022, before market open. A conference call discussing these results is scheduled for 8:30 a.m. ET that day. Access to the conference call can be obtained via phone or through a webcast on Emerald's investor website. Details for a telephonic replay are also provided, available until March 3, 2022. The company focuses on driving business growth through various services, including events and content creation.

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Emerald Holding, Inc. (NYSE:EEX) has completed the acquisition of MJBiz, a major player in the cannabis industry. This move aims to enhance Emerald's customer engagement and optimize its portfolio by tapping into the rapidly growing cannabis sector. MJBiz, founded in 2011, generated approximately $27 million in revenue in 2021 and is known for its premier B2B cannabis trade show, MJBizCon. The acquisition cost Emerald $120 million initially, with potential future payments based on MJBiz's performance.

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Emerald Holding, Inc. (NYSE:EEX) announced that CEO Hervé Sedky and CFO David Doft will present at the BofA Securities 2021 Virtual Leveraged Finance Conference on December 1, 2021, at 2:15 p.m. ET. Interested parties can access a live webcast via the company's Investors section. A replay will be available post-presentation. Emerald is renowned for creating dynamic B2B platforms that integrate live events with industry insights and tools, conducting over 140 events annually, supporting customer growth and community engagement.

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FAQ

What is the current stock price of Emerald Holding (EEX)?

The current stock price of Emerald Holding (EEX) is $4.62 as of November 15, 2024.

What is the market cap of Emerald Holding (EEX)?

The market cap of Emerald Holding (EEX) is approximately 954.0M.

What does Emerald Holding, Inc. do?

Emerald Holding, Inc. organizes customer-focused tradeshows and consumer events in the United States across various industries.

Where is Emerald Holding, Inc. headquartered?

The company is headquartered in San Juan Capistrano, California.

What are the main business divisions of Emerald Holding?

Emerald Holding operates three main divisions: Connections, Content, and Commerce.

Which industries does Emerald Holding serve?

It serves industries like Gift, Home & General Merchandise, Sports & Apparel, Licensing, Jewelry, Luxury & Antiques, Photo, Design, Healthcare, Military, and eCommerce.

How does Emerald Holding generate most of its revenue?

The majority of its revenue is generated from the Connections segment, which includes B2B trade show franchises and live events.

What technology platforms does Emerald Holding offer?

Emerald Holding offers SaaS technology platforms such as Elastic Suite and Bulletin.

Does Emerald Holding publish any magazines or digital media?

Yes, it has a Content division that produces B2B print publications and digital media products.

How does Emerald Holding help its customers?

The company provides industry analysis and market intelligence to help customers build relationships, generate leads, and market their products.

What are some of the locations where Emerald Holding has offices?

Emerald Holding has offices in Los Angeles, Chicago, Alpharetta, Atlanta, Naples, Manhattan, and Westchester, NY.

Is Emerald Holding hiring for new positions?

Yes, Emerald Holding continuously seeks top talent to meet the high standards of excellence required by its clients.

Emerald Holding, Inc.

NYSE:EEX

EEX Rankings

EEX Stock Data

954.03M
202.98M
0.45%
30.93%
0.34%
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United States of America
SAN JUAN CAPISTRANO