Latest news with #GannettCo.
Business Wire
28-05-2025
- Business
- Business Wire
2025 USA TODAY Wine & Food Experience Tour Announced
NEW YORK, NY--(BUSINESS WIRE)--The 2025 USA TODAY Wine & Food Experience tour returns, highlighting culinary experiences in eight cities across the country. The series, produced by USA TODAY NETWORK Ventures, the events division of Gannett Co., Inc. (NYSE: GCI) kicks off on Saturday, September 20 in Denver, Colorado and culminates on November 22 in West Palm Beach, Florida. An event for lovers of gastronomy that features diverse wine and spirit offerings, the USA TODAY Wine & Food Experience allows attendees to enjoy bites from esteemed local chefs and up-and-coming talent. Guests can also enjoy unique demonstrations, engage with exhibitors in lively outdoor venues and take part in popular mixology classes, where participants can refine their cocktail-making skills and explore unique drink creations. 2025 USA TODAY Wine & Food Experience Schedule September 20: Denver, CO September 27: Providence, RI October 4: Louisville, KY October 18: San Antonio, TX * October 25: Las Vegas, NV November 8: Phoenix, AZ November 15: Naples, FL November 22: West Palm Beach, FL * *New 2025 destination 'We're thrilled to bring the 2025 USA TODAY Wine & Food Experience to cities nationwide as we add San Antonio and West Palm Beach to this year's lineup,' said Nate Scott, Vice President of Sports Strategy & Events, Gannett I USA TODAY Network. 'This tour highlights local restaurants and businesses, celebrates regional flavors and creates a memorable experience for food and drink lovers in every community we visit.' Tickets to the USA TODAY Wine & Food Experience are available at General Admission tickets include standard event entry at 1:00 p.m., a tasting cup, all food and beverage samples, access to mixology classes and more. Limited quantities of Early Admission tickets are available, which permits early entry at 12:00 p.m. to the full USA TODAY Wine & Food Experience. Restaurants and eateries are invited to showcase their culinary offerings at the USA TODAY Wine & Food Experience. To learn more and request participation, please visit: Sponsorship opportunities are also available for businesses and wine or spirit brands seeking to reach an engaged audience of culinary enthusiasts. To learn more about sponsoring a local event, please visit: USA TODAY NETWORK Ventures, our events and promotions business, diversifies the Company's media offerings by connecting communities through impactful experiences. In 2024, USA TODAY NETWORK Ventures hosted a variety of in-person and virtual events, attracting over 430,000 attendees. Our portfolio includes home and garden shows, food and wine festivals, high school sports recognition programs, including the USA TODAY High School Sports Awards, and major events such as the Hot Chocolate 15K/5K, RAGBRAI, and Detroit Free Press Marathon. ABOUT GANNETT Gannett Co., Inc. is a diversified media company with expansive reach at the national and local level dedicated to empowering and enriching communities. We seek to inspire, inform, and connect audiences as a sustainable, growth focused media and digital marketing solutions company. Through our trusted brands, including the USA TODAY NETWORK, comprised of the national publication, USA TODAY, and local media organizations, including our network of local properties, in the United States, and Newsquest, a wholly-owned subsidiary operating in the United Kingdom, we provide essential journalism, local content, and digital experiences to audiences and businesses. We deliver high-quality, trusted content with a commitment to balanced, unbiased journalism, where and when consumers want to engage. Our digital marketing solutions brand, LocaliQ, supports small and medium-sized businesses with innovative digital marketing products and solutions. ABOUT USA TODAY NETWORK ® Desktop + Mobile. Our Domestic Gannett Media segment is comprised of USA TODAY, daily and weekly content brands in approximately 220 local U.S. markets across 43 states and our community events business, USA TODAY NETWORK Ventures. With deep roots in local communities spanning the U.S., we engage approximately 140 million monthly unique visitors, on average, through a diverse portfolio of multi-platform content offerings and experiences. For more information, visit
Yahoo
10-05-2025
- Business
- Yahoo
Gannett Co., Inc. (GCI): Among the Best American Penny Stocks to Buy Now
We recently compiled a list of the . In this article, we are going to take a look at where Gannett Co., Inc. (NYSE:GCI) stands against the other American penny stocks. American penny stocks comprise shares of US-based companies that trade under $5 on public exchanges. Besides their perceived appeal to retail investors due to cheap price and the possibility to affordably amass a large number of shares, American penny stocks are distinct for representing two important factors – the small-cap factor and the US country factor. Readers should know that these two factors are known for significantly outperforming their broad market counterparts in the last 15 years after the Great Financial Crisis. For reference, small-cap factor has outperformed its large-cap counterparts throughout the 2010s as the economy experienced a relatively peaceful period with relatively low interest rates, which is highly favorable for small, high-growth businesses. Likewise, the US stock market has consistently outperformed the World stock market, including major markets like Europe, China, and Japan, thanks to superior productivity growth and valuation expansion. The situation drastically reversed in late 2024 and early 2025 with the election of a new US administration. The US stock market underperformed by more than 15% markets like Germany and China since the beginning of the year. The small-cap factor fell out of favor relative to the large-cap factor. The former event was driven by aggressive Trump 2.0 cuts and tariff threats, which put the US export/import base at risk, while the latter is driven by market uncertainty and investors flying to safe assets such as gold, bonds, or mature large-cap stocks. We believe that both these developments are temporary shocks and do not represent structural or definitive changes. In this context, a smart way to make money in the market would be to take a contrarian bet and buy American small-cap and penny stocks while they are relatively underpriced vs. their global and large-cap counterparts. READ ALSO: 13 Best Canadian Penny Stocks to Invest in Now First of all, we are firm believers that US investors should 'stay at home' and continue to favor domestic stocks. The superior performance of the US stock market was not luck, but rather consistent productivity growth through deregulation, capital favoring risky but promising projects, and a more prominent hustle mentality. The European Central Bank confirms these findings and mentions that between Q4 2019 and Q2 2024, labor productivity per hour worked increased by 0.9% in the Euro area, whereas it increased by 6.7% in the US. This difference is significant and compounds over time, leading to drastic differences in stock price performance over 5-10 years or more. Odds are that the US will continue to outperform Europe and the rest of the world in productivity gains. According to analysts, Trump turmoil is a temporary thing; tariff uncertainty should naturally resolve at some point, through either a trade deal or a withdrawal by the President himself. Furthermore, the Trump 2.0 regime has some aces up its sleeve, such as tax cuts and further deregulation, which is a heaven for productivity growth. Europe, on the other hand, remains a slow bureaucratic machine that is fueling its economic growth through debt issuance and industrial-military projects that bring very little value added (for reference, the German €500 billion spending bill will mostly result in new missiles that will probably never be fired). Likewise, China has its own problems, such as stalled population growth and increasing threats of onshoring and outsourcing to India and other regions. India got itself stuck in a new war with Pakistan, which might negatively impact its investment climate and economic growth. Second, small caps and penny stocks became cheaper due to recessionary threats and widespread signals that the US economy is slowing down. While many sectors, such as construction and industrial automation, are indeed in a slowdown, the stock market is a forward-looking animal that gauges developments that would impact the economy 6-12 months from now. In other words, the market is very likely to return to growth upon the slightest positive signal. We believe there are many indications that the US will be able to avoid a deep economic recession. Rumors, as well as thorough analysts from leading banks like JP Morgan, say that the tariff saga is approaching a possible end through a deal with China and other large trade partners. China is likely to sit at the negotiating table as its economic outlook has been deteriorating as well – it turns out that around 20 million jobs in the country are directly dependent on commerce with the US. Avoiding a trade deal with the US might be more catastrophic for China than it might be for the US. Also, the latest report shows that the US economy added 177,000 jobs in April, beating expectations by a wide margin, which indicates that CEOs are reluctant to downscale their business and rather anticipate a gradual rejuvenation in the business environment later in the year. With that being said, contrary to the prevailing belief, our opinion is that the US economy is far from doomed. History shows that stock markets have always recovered and always scored new highs. In this context, the best American penny stocks could become favored again and outperform the broad market. To compile our list of the best American penny stocks, we used a screener to identify companies based in the US with a share price below $5.00. Then we compared the list with Insider Monkey's proprietary database of hedge funds' ownership, as of Q4 2024, and included in the article the top 10 stocks with the largest number of hedge funds that own the stock, ranked in ascending order. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An editor standing in a newsroom, overseeing the layout of a magazine cover. Gannett Co., Inc. (NYSE:GCI) is a media and marketing company that owns diversified assets such as 'USA TODAY' and numerous local newspapers across the US; 'Newsquest', a network of over 150 local news brands in the UK; and Digital Marketing Solutions, offering services under the LocaliQ brand. GCI's advantage consists of delivering trusted journalism and digital experiences while also running close relationships with small and medium-sized businesses. Gannett Co., Inc. (NYSE:GCI) reported mixed results for Q1 2025, with total operating revenues declining 10.1% YoY to $571.6 million. However, the company saw improvements in its bottom line, with net loss narrowing to $7 million from $84 million in Q1 2024. Free cash flow grew 7.6% to $10.2 million. The company also continued to reduce its debt, paying down approximately $75 million in Q1. GCI reaffirmed its full year 2025 outlook, expressing confidence in its ability to improve revenue trends and achieve a third consecutive year of adjusted EBITDA and free cash flow growth, making it one of the best American stocks to buy now. Looking ahead, Gannett Co., Inc. (NYSE:GCI) expects digital revenue performance to stabilize with potential for flat to modest growth in Q2 and more substantial growth later in the year. The company is focused on several strategic initiatives, including deepening audience engagement, expanding first-party data capabilities, and enhancing its digital marketing solutions product suite. GCI also sees potential upside from the recent DOJ ruling against Google, which could lead to a fairer and favorable digital advertising marketplace for publishers. Management remains optimistic about the company's long-term growth prospects, citing its industry-leading scale, diverse digital businesses, and ongoing investments in digital initiatives. Overall GCI ranks 6th on our list of the best American penny stocks to buy now. While we acknowledge the potential of GCI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GCI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Gannett's (NYSE:GCI) Earnings Are Built On Soft Foundations
Solid profit numbers didn't seem to be enough to please Gannett Co., Inc.'s (NYSE:GCI) shareholders. We think that they might be concerned about some underlying details that our analysis found. We've discovered 3 warning signs about Gannett. View them for free. Importantly, our data indicates that Gannett's profit received a boost of US$14m in unusual items, over the last year. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Just as we noted the unusual items, we must inform you that Gannett received a tax benefit which contributed US$68m to the bottom line. It's always a bit noteworthy when a company is paid by the tax man, rather than paying the tax man. We're sure the company was pleased with its tax benefit. And given that it lost money last year, it seems possible that the benefit is evidence that it now expects to find value in its past tax losses. However, the devil in the detail is that these kind of benefits only impact in the year they are booked, and are often one-off in nature. In the likely event the tax benefit is not repeated, we'd expect to see its statutory profit levels drop, at least in the absence of strong growth. While we think it's good that the company has booked a tax benefit, it does mean that there's every chance the statutory profit will come in a lot higher than it would be if the income was adjusted for one-off factors. In its last report Gannett received a tax benefit which might make its profit look better than it really is on a underlying level. And on top of that, it also saw an unusual item boost its profit, suggesting that next year might see a lower profit number, if these events are not repeated. Considering all this we'd argue Gannett's profits probably give an overly generous impression of its sustainable level of profitability. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. To help with this, we've discovered 3 warning signs (2 are a bit unpleasant!) that you ought to be aware of before buying any shares in Gannett. Our examination of Gannett has focussed on certain factors that can make its earnings look better than they are. And, on that basis, we are somewhat skeptical. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Wire
06-05-2025
- Business
- Business Wire
Gannett to Participate at the 20th Annual Needham Technology, Media, & Consumer Conference
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ('Gannett', 'we', 'our', or the 'Company') (NYSE: GCI) today announced that its Chief Financial Officer, Trisha Gosser, will participate virtually at the following conference: Needham 20th Annual Technology, Media & Consumer Conference One-on-one investor meetings throughout the day About Gannett Gannett Co., Inc. (NYSE: GCI) is a diversified media company with expansive reach at the national and local level dedicated to empowering and enriching communities. We seek to inspire, inform, and connect audiences as a sustainable, growth focused media and digital marketing solutions company. We endeavor to deliver essential content, marketing solutions, and experiences for curated audiences, advertisers, consumers, and stakeholders by leveraging our diverse teams and suite of products to enrich the local communities and businesses we serve. Our current portfolio of trusted media brands includes the USA TODAY NETWORK, comprised of the national publication, USA TODAY, and local media organizations in the United States, and Newsquest, a wholly-owned subsidiary operating in the United Kingdom. Our digital marketing solutions brand, LocaliQ, uses innovation and software to enable small and medium-sized businesses to grow, and USA TODAY NETWORK Ventures, our events division, creates impactful consumer engagements, promotions, and races. Our website address is We use our website as a channel of distribution for important company information, including press releases and other news and presentations, which is accessible on the Investor Relations and News and Events subpages of our website.
Yahoo
01-05-2025
- Business
- Yahoo
Gannett: Q1 Earnings Snapshot
PITTSFORD, N.Y. (AP) — PITTSFORD, N.Y. (AP) — Gannett Co., Inc. (GCI) on Thursday reported a loss of $7.3 million in its first quarter. On a per-share basis, the Pittsford, New York-based company said it had a loss of 5 cents. Losses, adjusted for one-time gains and costs, came to 9 cents per share. The newspaper company posted revenue of $571.6 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GCI at Sign in to access your portfolio
