LEE ENTERPRISES, INCORPORATED (NYSE:LEE) Files An 8-K Results of Operations and Financial ConditionItem 7.01.
Results of Operation and Financial Condition.
On August 3, 2017, Lee Enterprises, Incorporated reported its preliminary results for the third fiscal quarter ended June 25, 2017.A copy of the news release is furnished as Exhibit 99.1 to this Form 8-K and information from the news release is hereby incorporated by reference.The information in this report shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.
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Item 7.01. |
Regulation FD Disclosure. |
On August 3, 2017, the Company issued a news release announcing that it will present third quarter operating results during the third quarter earnings release conference call and webcast. It includes remarks by Mary Junck, Executive Chairman, Kevin Mowbray, President and Chief Executive Officer, and Ron Mayo, Vice President and Chief Financial Officer and Treasurer, including:
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The Company is evaluating the best use of its free cash flow beyond debt reduction, including additional print and digital acquisitions, as well as other opportunities that will increase shareholder value. |
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The Company is actively evaluating the timing and economics of refinancing all or a portion of the Company’s long-term debt. |
The information in Item 7.01 of this Report is furnished and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.
Item 7.01. Financial Statements and Exhibits.
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(d) |
Exhibits |
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99.1 |
News Release – Third fiscal quarter ended June 25, 2017 |
LEE ENTERPRISES, INC ExhibitEX-99.1 2 a2017q3earningsrelease6252.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 – News Release – Third fiscal quarter ended June 25,…To view the full exhibit click here
About LEE ENTERPRISES, INCORPORATED (NYSE:LEE)
Lee Enterprises, Incorporated is a provider of local news and information, and a platform for print and digital advertising. The Company’s products included 46 daily and 34 Sunday newspapers, 300 weekly newspapers, and classified and niche publications, as of September 25, 2016. The Company also provides a range of digital products, including video, digital couponing, behavioral targeting, audience retargeting, banner advertisements and social networking. It provides digital marketing services to small and midsized businesses (SMBs), including search engine marketing (SEM), social media, audience extension, business profiles, and Website hosting and design. It offers small business solutions, including search engine optimization (SEO), local online marketing, social media marketing, video advertising and Website design. The markets it caters to are located primarily in the Midwest, Mountain West and West regions of the United States.
