[8-K] Lee Enterprises, Inc. Reports Material Event

Rhea-AI Filing Summary

On 7 Aug 2025 Lee Enterprises, Inc. (NASDAQ: LEE) furnished an 8-K announcing preliminary results for the quarter ended 29 Jun 2025. The company released an earnings news release (Ex. 99.1) and a management slide deck (Ex. 99.2), both posted on investors.lee.net and discussed on its earnings call. These exhibits contain the detailed financial data and forward-looking commentary.

Management’s presentation states an expectation that Lee can operate sustainably without reliance on print media within five years, underscoring its ongoing digital transformation strategy. The information is provided under Items 2.02 and 7.01 and is deemed “furnished” rather than “filed,” limiting liability under Exchange Act §18. No specific revenue, earnings or cash-flow figures appear in the body of the 8-K itself.

Positive

• Management highlights a goal to be sustainable without print within five years, reinforcing its strategic pivot to digital operations.

Negative

• No revenue, earnings or cash-flow figures are included in the filing body, leaving investors without concrete performance data.

Insights

Equity Research Analyst

TL;DR: Neutral disclosure—strategic note on digital shift, but no hard numbers.

The 8-K offers little quantifiable insight because all financial details remain in external exhibits. Investors cannot assess revenue trends, margins or cash burn until those documents are reviewed. The stated goal of being print-independent within five years is directionally positive, signalling commitment to higher-margin digital products, yet execution risk is high in a volatile advertising market. Because no material transactions or guidance revisions are included, immediate valuation impact should be modest.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 7, 2025

_______________________________________________________________________________________

LEE ENTERPRISES, INCORPORATED

(Exact name of Registrant as specified in its charter)

_______________________________________________________________________________________

Delaware			1-6227			42-0823980
(State of Incorporation)			(Commission File Number)			(I.R.S. Employer Identification No.)
			4600 E. 53rd Street, Davenport, Iowa 52807
			(Address of Principal Executive Offices)
			(563) 383-2100
			Registrant’s telephone number, including area code

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $.01 per share			LEE			The Nasdaq Global Select Market
Preferred Share Purchase Rights			LEE			The Nasdaq Global Select Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02.    Results of Operations and Financial Condition.

On August 7, 2025, Lee Enterprises, Incorporated (the “Company”) reported its preliminary results for the second quarter ended June 29, 2025. In connection with the preliminary results, the Company issued a news release, which is attached hereto as Exhibit 99.1 (“News Release”). The Company also prepared presentation materials which were presented by management during the Company’s earnings conference call, which are attached hereto as Exhibit 99.2 and have been made available on the Company’s website, investors.lee.net (“Presentation Materials”). In addition to the information in the News Release, the Presentation Materials include content and financial figures showing its expectation to be sustainable without reliance on print media within five years.

The information furnished by and incorporated by reference in this Item 2.02, including the attached Exhibits, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 7.01. Regulation FD Disclosure

The disclosure contained in Item 2.02 is incorporated herein by reference.

Item 9.01.    Financial Statements and Exhibits.

			(d)Exhibits
			99.1			Earnings Release
			99.2			Presentation Materials
			104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

LEE ENTERPRISES, INCORPORATED

Date:

August 7, 2025

By:

/s/ Timothy R. Millage

Timothy R. Millage

Vice President, Chief Financial Officer and Treasurer

FAQ

What did Lee Enterprises (LEE) announce in its 8-K dated August 7, 2025?

The company furnished preliminary Q2 results and released related earnings and presentation materials.

Where can investors find Lee Enterprises’ detailed Q2 financial figures?

All numbers are in Exhibit 99.1 (news release) and Exhibit 99.2 (presentation) posted on investors.lee.net.

Did the 8-K disclose any specific revenue or profit numbers?

No. The core filing text contains no quantitative metrics; details are only in the attached exhibits.

What strategic objective did management outline?

Lee expects to operate sustainably without reliance on print media within the next five years.

Is the information in this 8-K considered filed or furnished?

It is furnished under Items 2.02 and 7.01, so it is not subject to liability under Exchange Act §18.