{ "ok": true, "cik": "58361", "ticker": "LEE", "name": "LEE ENTERPRISES, INC", "filings": [ { "form": "8-K", "filed": "2026-09-09", "items": [ "4.01 Changes in Registrant's Certifying Accountant" ], "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000067/0000058361-26-000067-index.htm" }, { "form": "8-K", "filed": "2026-08-11", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000063/0000058361-26-000063-index.htm" }, { "form": "10-Q", "filed": "2026-08-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000060/0000058361-26-000060-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000057/0000058361-26-000057-index.htm" }, { "form": "8-K", "filed": "2026-07-30", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000053/0000058361-26-000053-index.htm" }, { "form": "8-K", "filed": "2026-07-24", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000051/0000058361-26-000051-index.htm" } ], "events12m": 19, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000058361.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=58361" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up LEE ENTERPRISES, INC ($LEE). Last filing: 8-K (4.01 Changes in Registrant's Certifying Accountant), 2026-09-09. 19 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2026-09-09.", "auditor": { "changes": [ { "filed": "2026-09-09", "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000067/0000058361-26-000067-index.htm" } ], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-09-28", "revenue": 562341000, "revenueGrowth1y": -0.08021034381235892, "revenueGrowthPerYear": -0.0827083790294274, "yearsOfData": 5, "operatingMargin": -0.008269004038474876, "operatingMarginPrior": 0.007435637410448494, "netMargin": -0.06685089652008301, "operatingCashFlow": -5541000, "capitalSpending": 1543000, "freeCashFlow": -7084000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 9989000, "longTermDebt": 455469000, "longTermDebtChange": 0.021361474448528206, "revenueHistory": [ { "fiscalYearEnd": "2021-09-26", "revenue": 794649000 }, { "fiscalYearEnd": "2022-09-25", "revenue": 780969000 }, { "fiscalYearEnd": "2023-09-24", "revenue": 691138000 }, { "fiscalYearEnd": "2024-09-29", "revenue": 611380000 }, { "fiscalYearEnd": "2025-09-28", "revenue": 562341000 } ], "totalEquity": -43306000, "totalAssets": 601729000, "equityRatio": -0.07196927520528344, "returnOnEquity": null, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 402786483.47279066, "high": 647379188.3199849, "baseline": 510631951.6642884, "n": 4309, "band": "b01" }, "ifPaceHeld": { "low": 402786483.47279066, "high": 647379188.3199849 } }, "edgarette": "🔖 Exposure: revenue $562.3M (FY2025), total debt $455.5M. Experience: revenue down 8.0% on the year, down 8.3% a year over 4 years; operating margin -0.8%, down from 0.7%. Soundness: equity -7.2% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $402.8M and $647.4M next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (10 filers, $50M+ revenue, its industry group): operating margin -0.8% against a 10.5% median; growth -8.0% against 0.3%.", "peers": { "sic": 2711, "sicDescription": "Newspapers: Publishing or Publishing & Printing", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "27", "growth": [ 0.003, 12 ], "opMargin": [ 0.1049, 10 ], "equityRatio": [ 0.2928, 11 ], "returnOnEquity": [ 0.1342, 9 ] }, "summary": "Lee Enterprises (LEE) saw revenue fall 8.0% in FY2025 to $562 million, operating margin -0.8% against a 10.5% median for newspapers: publishing or publishing & printing, equity -7.2% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
LEE ENTERPRISES, INC against its own record and its peers
Operating marginPeer median 10.5%-0.8%Revenue, on the yearPeer median 0.3%-8.0%Equity of assetsPeer median 29.3%-7.2%Gold tick: the median of 11–11 peers with $50M+ revenue in newspapers: publishing or publishing & printing
", "chartHorizon": null, "backtest": { "tests": 13, "hits": 12, "rate": 0.9230769230769231, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:08:04.611Z", "hash": "f7f6c6c7fc581394", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Lee Enterprises (LEE) saw revenue fall 8.0% in FY2025 to $562 million, operating margin -0.8% against a 10.5% median for newspapers: publishing or publishing & printing, equity -7.2% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-09-28", "revenue": 562341000, "totalDebt": 455469000, "cash": 9989000 }, "experience": { "revenueGrowth1y": -0.08021034381235892, "revenueGrowthPerYear": -0.0827083790294274, "operatingMargin": -0.008269004038474876, "operatingMarginPrior": 0.007435637410448494, "netMargin": -0.06685089652008301, "freeCashFlow": -7084000 }, "soundness": { "equityRatio": -0.07196927520528344, "returnOnEquity": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 2711, "sicDescription": "Newspapers: Publishing or Publishing & Printing", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "27", "growth": [ 0.003, 12 ], "opMargin": [ 0.1049, 10 ], "equityRatio": [ 0.2928, 11 ], "returnOnEquity": [ 0.1342, 9 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": { "filed": "2026-09-09", "url": "https://www.sec.gov/Archives/edgar/data/58361/000005836126000067/0000058361-26-000067-index.htm" } }, "range": { "low": 402786483.47279066, "high": 647379188.3199849, "baseline": 510631951.6642884, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4309, "sizeBand": "b01" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 13, "hits": 12, "rate": 0.9230769230769231, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:08:04.611Z", "hash": "f7f6c6c7fc581394", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000058361.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=58361" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }