v3.26.1
CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Operating revenue:        
Total operating revenue $ 121,964 $ 137,380 $ 252,026 $ 281,942
Operating expenses:        
Compensation 46,745 56,659 96,178 116,913
Newsprint and ink 2,520 3,111 5,483 6,727
Other operating expenses 62,750 71,455 131,564 146,135
Insurance proceeds (3,840) 0 (5,840) 0
Depreciation and amortization 3,515 5,171 7,094 11,436
(Gain) loss on asset sales, impairments and other, net (900) 126 (903) (803)
Restructuring costs and other 3,640 6,516 6,788 11,666
Total operating expenses 114,430 143,038 240,364 292,074
Equity in earnings of associated companies 1,008 1,155 2,088 2,277
Operating income (loss) 8,542 (4,503) 13,750 (7,855)
Non-operating (expense) income:        
Interest expense (7,629) (9,950) (17,877) (20,232)
Pension and other post employment benefits ("OPEB") related and other, net 826 658 1,671 1,311
Total non-operating expense, net (6,803) (9,292) (16,206) (18,921)
Income (loss) before income taxes 1,739 (13,795) (2,456) (26,776)
Income tax expense (benefit) 3,448 (1,780) 4,379 1,463
Net loss (1,709) (12,015) (6,835) (28,239)
Net income attributable to non-controlling interests (439) (496) (924) (1,020)
Loss attributable to Lee Enterprises, Incorporated (2,148) (12,511) (7,759) (29,259)
Other comprehensive loss, net of income taxes (79) (115) (158) (230)
Comprehensive loss attributable to Lee Enterprises, Incorporated $ (2,227) $ (12,626) $ (7,917) $ (29,489)
Loss per common share:        
Basic (in dollars per share) $ (0.16) $ (2.07) $ (0.78) $ (4.87)
Diluted (in dollars per share) $ (0.16) $ (2.07) $ (0.78) $ (4.87)
Advertising and marketing services        
Operating revenue:        
Total operating revenue $ 54,967 $ 60,473 $ 114,953 $ 127,063
Subscription        
Operating revenue:        
Total operating revenue 55,181 64,868 112,883 129,865
Other        
Operating revenue:        
Total operating revenue $ 11,816 $ 12,039 $ 24,190 $ 25,014