v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Operating revenue:        
Total operating revenue $ 125,970 $ 141,294 $ 377,996 $ 423,235
Operating expenses:        
Compensation 44,810 47,436 140,989 164,349
Newsprint and ink 2,521 3,268 8,005 9,996
Other operating expenses 62,076 77,252 193,640 223,387
Insurance proceeds (560) 0 (6,401) 0
Depreciation and amortization 3,527 3,783 10,621 15,218
Gain on asset sales, impairments and other, net (73) (1,562) (976) (2,365)
Restructuring costs and other 5,959 7,141 12,746 18,806
Total operating expenses 118,260 137,318 358,624 429,391
Equity in earnings of associated companies 922 686 3,010 2,963
Operating income (loss) 8,632 4,662 22,382 (3,193)
Non-operating (expense) income:        
Interest expense (5,558) (10,132) (23,435) (30,365)
Pension and other post employment benefits ("OPEB") related and other, net 1,169 1,050 2,840 2,362
Settlement gain 2,330 0 2,330 0
Total non-operating expense, net (2,059) (9,082) (18,265) (28,003)
Income (loss) before income taxes 6,573 (4,420) 4,117 (31,196)
Income tax expense (benefit) 1,400 (2,744) 5,779 (1,281)
Net income (loss) 5,173 (1,676) (1,662) (29,915)
Net income attributable to non-controlling interests (498) (244) (1,423) (1,264)
Income (loss) attributable to Lee Enterprises, Incorporated 4,675 (1,920) (3,085) (31,179)
Other comprehensive loss, net of income taxes (1,611) (115) (1,769) (230)
Comprehensive income (loss) attributable to Lee Enterprises, Incorporated $ 3,064 $ (2,035) $ (4,854) $ (31,409)
Earnings (loss) per common share:        
Basic (in dollars per share) $ 0.21 $ (0.31) $ (0.22) $ (5.16)
Diluted (in dollars per share) $ 0.21 $ (0.31) $ (0.22) $ (5.16)
Advertising and marketing services        
Operating revenue:        
Total operating revenue $ 59,324 $ 66,571 $ 174,277 $ 193,633
Subscription        
Operating revenue:        
Total operating revenue 54,747 61,558 167,630 191,423
Other        
Operating revenue:        
Total operating revenue $ 11,899 $ 13,165 $ 36,089 $ 38,179