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Viad - VVI STOCK NEWS

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

Viad Corp (NYSE: VVI) is a distinguished S&P SmallCap 600 diversified services company, operating under three primary segments: Pursuit, Spiro, and GES Exhibitions. Viad Corp has established itself as a leader in providing unparalleled marketing and travel experiences across North America, the United Kingdom, Europe, and the United Arab Emirates.

Pursuit is dedicated to offering inspirational and memorable travel experiences. This segment includes recreational attractions, hotels and lodges, food and beverage services, retail, sightseeing, and ground transportation. Pursuit's comprehensive portfolio ensures guests have remarkable journeys and experiences that last a lifetime.

Spiro is a prominent marketing agency that collaborates with global brands to enhance their experiential marketing initiatives. Spiro specializes in creating dynamic and engaging marketing campaigns, ensuring brands connect with their audiences in meaningful ways.

GES Exhibitions partners with exhibition and conference organizers to deliver a full range of strategic and logistical solutions. This segment is a full-service provider, managing the intricacies of shows and ensuring seamless execution. GES Exhibitions supports organizers in crafting impactful and successful events that resonate with attendees.

Viad Corp's recent achievements and ongoing projects highlight its commitment to innovation and excellence. The company's financial health is robust, underpinned by strategic partnerships and a diverse portfolio of services. Viad Corp continues to excel in delivering high-quality, place-based marketing services, positioning itself as an industry leader in both travel and experiential marketing sectors.

News

Viad Corp Reports 2023 Fourth Quarter and Full Year Results

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Viad Corp reported record results with 17% full year revenue growth and continued margin expansion. The company expects strong growth and margin improvement again in 2024. Pursuit delivered record revenue with a 23.6% increase in the fourth quarter and a 17.0% increase for the full year. GES also outperformed expectations with a 16.6% increase in revenue for the fourth quarter and a 7.3% increase for the full year. However, net income attributable to Viad decreased by 31.0% from the previous year, and diluted EPS decreased by 43.4%.
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Cintas Adds Beverly K. Carmichael as Independent Director to Board

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Cintas Corporation (Nasdaq: CTAS) has appointed Beverly K. Carmichael as an independent director to its Board of Directors, expanding the Board to 11 members. Carmichael brings over 30 years of experience in human resources and employment law, with a track record of building high-performance workforce cultures. Her previous roles include Executive Vice President at Red Robin Gourmet Burgers and Senior Vice President at Cracker Barrel Old Country Store. She has also held leadership positions at Ticketmaster, Rockwell Collins, and Southwest Airlines, and has served on the boards of public and private companies such as Viad Corp, Cotton Patch Cafe, Inc., and ezCater, Inc.
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Viad Corp Schedules Fourth Quarter and Full Year 2023 Earnings Call

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Viad Corp (VVI) will host a teleconference to review Q4 and full year 2023 results. President and CEO Steve Moster, CFO Ellen Ingersoll, and Pursuit President David Barry will join the call on February 8, 2024, at 5 p.m. (Eastern Time). The company will issue a press release and post it on their website prior to the call. Conference call details and webcast information are available on their website.
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GES ANNOUNCES THE PROMOTION OF JEFF QUADE AS PRESIDENT OF GES EXHIBITIONS - NORTH AMERICA AND JASON STEAD AS PRESIDENT OF GES EXHIBITIONS - EMEA

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Global Experience Specialists (GES) announced the promotion of Jeff Quade to President of GES Exhibitions – North America and Jason Stead to President of GES Exhibitions – EMEA. With over 30 years of executive leadership experience at GES, Quade heads the North American business unit of GES Exhibitions, while Stead brings a global perspective in driving strategy and operations combined with an outstanding ability to lead and develop high performing teams.
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Viad Corp Announces Participation in Upcoming Conferences

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Viad Corp (NYSE: VVI) to Participate in Upcoming Investor Conferences and Update Investor Presentation on November 15th
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Viad Corp Reports Results for the 2023 Third Quarter

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Viad Corp reports strong third-quarter performance with revenue of $365.9 million, a decrease of $16.8 million compared to the previous year. Net income attributable to Viad increased by $3.2 million to $41.3 million. Consolidated adjusted EBITDA increased by $4.3 million to $86.3 million. Pursuit delivered record results with significant margin expansion, while GES saw healthy same-show exhibition growth and new client wins.
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Viad Corp Schedules Third Quarter 2023 Earnings Call

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Viad Corp to host teleconference to review Q3 2023 results
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Viad Corp Reports Results for the 2023 Second Quarter

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Viad Corp (NYSE: VVI) reported its second-quarter results for 2023, with revenue of $320.3 million, an increase of $1.1 million compared to the same period last year. Net income attributable to Viad was $11.0 million, a decrease of $8.9 million. Consolidated adjusted EBITDA was $42.9 million, a decline of $4.6 million. Pursuit, the leisure travel segment, saw revenue of $88.5 million, an increase of $10.9 million, and adjusted EBITDA of $19.5 million, an improvement of $3.9 million.
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Viad Corp Schedules Second Quarter 2023 Earnings Call

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Viad Corp Reports Results for the 2023 First Quarter

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Viad Corp reports strong Q1 2023 results, exceeding expectations. Revenue increased by $83.4 million, net loss improved by $8.1 million, and adjusted EBITDA improved by $14.7 million. Viad raises full-year guidance for revenue, adjusted EBITDA, and free cash flow.
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FAQ

What is the current stock price of Viad (VVI)?

The current stock price of Viad (VVI) is $42.51 as of January 24, 2025.

What is the market cap of Viad (VVI)?

The market cap of Viad (VVI) is approximately 1.2B.

What services does Viad Corp provide?

Viad Corp offers marketing services, travel and recreation experiences, experiential marketing, and live event management through its three segments: Pursuit, Spiro, and GES Exhibitions.

What is the Pursuit segment?

Pursuit offers unforgettable travel experiences, including recreational attractions, hotels, lodges, food and beverage, retail, sightseeing, and ground transportation services.

What does Spiro specialize in?

Spiro is a marketing agency that partners with global brands to enhance their experiential marketing activities, creating impactful marketing campaigns.

What services does GES Exhibitions provide?

GES Exhibitions offers full-service strategic and logistical solutions for exhibition and conference organizers, helping manage the complexity of shows and events.

Where does Viad Corp operate?

Viad Corp operates in North America, the United Kingdom, Europe, and the United Arab Emirates.

How does Viad Corp ensure high-quality services?

Viad Corp maintains high-quality services through strategic partnerships, a diverse portfolio, and a commitment to innovation and excellence.

What recent achievements has Viad Corp attained?

Viad Corp's recent achievements include successful new projects and maintaining strong financial health, further solidifying its industry leadership.

What is the financial condition of Viad Corp?

Viad Corp's financial condition is robust, supported by strategic partnerships and a diverse array of high-quality services.

What type of travel experiences does Pursuit offer?

Pursuit offers a range of travel experiences including recreational attractions, hotels, lodges, food and beverage services, retail, sightseeing, and ground transportation.

What industries is Viad Corp involved in?

Viad Corp is involved in the marketing, travel and recreation, and live events industries through its Pursuit, Spiro, and GES Exhibitions segments.
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Viad

NYSE:VVI

VVI Rankings

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VVI Stock Data

1.19B
20.56M
2.93%
125.6%
0.84%
Specialty Business Services
Services-business Services, Nec
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United States
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