[8-K] LEE ENTERPRISES, Inc Reports Material Event

Rhea-AI Filing Summary

Lee Enterprises, Incorporated filed a Form 8-K announcing it has reported preliminary results for its fourth quarter ended September 28, 2025, and has released an accompanying earnings news release and investor presentation. These materials, including the news release as Exhibit 99.1 and presentation materials as Exhibit 99.2, were also used during the company’s earnings conference call and posted on its investor website.

The presentation materials include information and financial figures that describe the company’s expectation that it can become sustainable without relying on print media within five years, underscoring an emphasis on its long-term digital and non-print business model.

Insights

Media sector and earnings disclosure analyst

Lee shares preliminary Q4 2025 results and a five‑year non‑print sustainability goal.

Lee Enterprises reported preliminary results for the fourth quarter ended September 28, 2025 and released both an earnings news release and detailed presentation materials. These documents frame current performance and are the primary source for the latest financial metrics, although specific figures are contained in the exhibits rather than this summary.

A notable point is the statement that the presentation includes financial figures showing an expectation that the business can be sustainable without reliance on print media within five years. For a legacy newspaper and print-focused company, that emphasis highlights the importance of digital and other non-print revenue streams to its long-term model.

The impact of this shift will ultimately depend on execution and the detailed trends in revenue, margins, and cash flow contained in the news release and slides for the quarter ended September 28, 2025, as well as how those metrics evolve in subsequent earnings periods.

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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):November 26, 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 November 26, 2025, Lee Enterprises, Incorporated (the “Company”) reported its preliminary results for the fourth quarter ended September 28, 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:

November 26, 2025

By:

/s/ Timothy R. Millage

Timothy R. Millage

Vice President, Chief Financial Officer and Treasurer