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Lee Enterprises, Inc. - LEE STOCK NEWS

Welcome to our dedicated page for Lee Enterprises news (Ticker: LEE), a resource for investors and traders seeking the latest updates and insights on Lee Enterprises stock.

Lee Enterprises, Inc. (NASDAQ: LEE) is a leading provider of local news, information, and advertising services predominantly in midsize markets. Established in 1890 by A.W. Lee in Iowa, the company has a rich history, with its newspapers tracing origins back to the mid-1800s. Among its notable alumni, the teenage Samuel Clemens, later known as Mark Twain, contributed to the Muscatine Journal in Iowa.

Today, Lee Enterprises operates 46 daily newspapers and has joint interests in two additional newspapers. The company also boasts nearly 300 specialty publications in 21 states, catering to local communities with high-quality, trusted, and intensely local news and information. This traditional newspaper foundation is augmented by rapidly growing digital products, reflecting the company's commitment to evolving with the digital landscape.

Lee's product portfolio includes digital subscription platforms, daily, weekly, and monthly newspapers, and niche products. These offerings deliver original local news, national and international news, and a variety of advertising and marketing services. The content is accessible in both print and digital formats, ensuring real-time availability through websites and mobile apps. Major markets served include St. Louis, MO; Buffalo, NY; Omaha, NE; Richmond, VA; Lincoln, NE; Madison, WI; Davenport, IA; and Tucson, AZ.

Recently, Theodore F. Olt III was elected by the board to serve as the new secretary and general counsel, succeeding C. Dana Waterman III. This transition marks a significant leadership change, aligning with Lee's ongoing digital transformation and strategic growth initiatives. Olt's extensive legal background, including his tenure at Lane & Waterman LLP, positions him well to support Lee's corporate governance and transactional matters.

Lee Enterprises has consistently demonstrated financial resilience, with recent reports detailing strong operational performance and strategic adjustments to protect long-term shareholder value. The company’s newspapers have an average daily circulation of 1.0 million, and its digital platforms reach over 33 million unique visitors monthly. This robust digital presence underscores Lee's commitment to delivering premium local content while expanding its digital footprint.

For more information, visit their official website at www.lee.net or contact the investor relations team at IR@lee.net.

Rhea-AI Summary
Lee Enterprises, Incorporated (NASDAQ: LEE) has scheduled an audio webcast and conference call to announce its preliminary results for the first quarter ended December 24, 2023. The conference call is set for Thursday, February 1, 2024, at 9 a.m. Central Time. The live webcast can be accessed via Lee's website, and a replay will be available 24 hours later.
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Lee Enterprises, Incorporated (NASDAQ: LEE) reported total digital revenue of $73M in Q4, representing 44% of total operating revenue. Digital-only subscribers totaled 721,000, up 36% YOY, with Adjusted EBITDA in line with full year guidance. The company's digital growth strategy led to a 14% increase in total digital revenue and a 68% increase in digital-only subscription revenue in Q4.
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Lee Enterprises, Incorporated (NASDAQ: LEE) has elected Theodore F. Olt III as the new secretary and general counsel, succeeding C. Dana Waterman III, who is retiring after 34 years. Olt, a U.S. Naval Academy and University of Iowa College of Law graduate, has been a member of Lane & Waterman LLP since 1995. Lee Enterprises is a digital-first subscription platform providing local markets with valuable, high-quality, intensely local news, information, advertising, and marketing services with daily newspapers, rapidly growing digital products, and nearly 350 weekly and specialty publications serving 75 markets in 26 states. Year to date, Lee’s newspapers have an average daily circulation of 1.0 million, and our legacy websites, including acquisitions, reach more than 33 million digital unique visitors.
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Lee Enterprises, Incorporated (NASDAQ: LEE) has scheduled an audio webcast and conference call for Thursday, December 7, 2023, at 9 a.m. Central Time to discuss preliminary results for its year ended September 24, 2023. Lee is a major subscription and advertising platform providing local news and information in 75 markets.
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Lee Enterprises, Incorporated (NASDAQ: LEE) to participate in the Sidoti November Virtual Investor Conference on November 15-16, 2023. CEO Kevin Mowbray and CFO Tim Millage will hold group presentations and one-on-one meetings with investors. To register, visit www.sidoti.com/events.
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Lee Enterprises reports solid digital revenue growth in Q2 fiscal 2023, reaffirms guidance for fiscal 2023
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FAQ

What is the current stock price of Lee Enterprises (LEE)?

The current stock price of Lee Enterprises (LEE) is $16.75 as of November 22, 2024.

What is the market cap of Lee Enterprises (LEE)?

The market cap of Lee Enterprises (LEE) is approximately 101.0M.

What is Lee Enterprises, Inc.?

Lee Enterprises, Inc. (NASDAQ: LEE) is a prominent provider of local news, information, and advertising services in midsize markets, operating 46 daily newspapers and nearly 300 specialty publications across 21 states.

When was Lee Enterprises founded?

Lee Enterprises was founded in 1890 by A.W. Lee in Iowa.

What products and services does Lee Enterprises offer?

Lee Enterprises offers digital subscription platforms, daily, weekly, and monthly newspapers, niche products, and a variety of advertising and marketing services, available in both print and digital formats.

Who recently joined Lee Enterprises as secretary and general counsel?

Theodore F. Olt III was elected as the new secretary and general counsel, succeeding C. Dana Waterman III.

How extensive is Lee Enterprises' digital reach?

Lee Enterprises' digital platforms reach over 33 million unique visitors monthly, reflecting the company's strong digital presence.

What notable historical figures are associated with Lee Enterprises?

Samuel Clemens, known as Mark Twain, wrote for the Muscatine Journal, and a reporter from Lee's newspaper in Bismarck died with George Custer at the Battle of the Little Big Horn.

What are some of the major markets served by Lee Enterprises?

Major markets include St. Louis, MO; Buffalo, NY; Omaha, NE; Richmond, VA; Lincoln, NE; Madison, WI; Davenport, IA; and Tucson, AZ.

How can I contact Lee Enterprises for more information?

You can visit their official website at www.lee.net or contact the investor relations team at IR@lee.net.

What is the average daily circulation of Lee's newspapers?

Lee's newspapers have an average daily circulation of 1.0 million.

Where can I find the latest financial information about Lee Enterprises?

Recent financial reports, including consolidated statements of operations and non-GAAP financial measures, can be found on their official website or through their investor relations contact.

Lee Enterprises, Inc.

Nasdaq:LEE

LEE Rankings

LEE Stock Data

101.05M
3.87M
37.41%
37.37%
1.04%
Publishing
Newspapers: Publishing Or Publishing & Printing
Link
United States of America
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