Lee Enterprises (LEE) Reports Preliminary Q1 2026 Loss

Lee Enterprises (LEE) reported preliminary first-quarter 2026 earnings on February 10, 2026, showing a loss of $12.3 million, or $0.10 per share, versus a net income of $14.7 million in the same period last year. The company attributed the results to lower advertising revenue and reduced print sales, with a 12% year-over-year decline in ad sales and a 9% drop in print revenue. Management expects the loss to be fully realized in the quarter and anticipates a turnaround in the coming months as it shifts toward digital advertising and content delivery.