{"schema_version":"secwatch.filing_event.v1","accession":"0001481792-25-000034","form_type":"8-K","ticker":"QUAD","cik":"0001481792","company_name":"Quad/Graphics, Inc.","filed_at":"2025-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.083283+00:00","generated_at":"2026-05-17T23:38:24.505504+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Quad/Graphics Q2 net sales $572M (-10% YoY); reaffirms FY2025 EBITDA guidance $180-220M","bullets":["Net sales $572M (-10% YoY, -4% ex-Europe divestiture); net loss $0.1M ($0.00 per share).","Adjusted EBITDA $43M (down from $52M Q2 2024); adjusted EPS $0.14 (up from $0.12).","FY2025 guidance reaffirmed: Adj. EBITDA $180-220M, FCF $40-60M, debt leverage ~1.5x.","Quarterly dividend $0.075/share payable Sept 5, 2025; repurchased 1.4M shares YTD.","Launched Audience Builder 2.0; new In-Store Connect partnership with Vallarta Supermarkets."],"urls":{"canonical":"https://secwatch.observer/filing/0001481792-25-000034","json":"https://secwatch.observer/filing/0001481792-25-000034.json","markdown":"https://secwatch.observer/filing/0001481792-25-000034.md","text":"https://secwatch.observer/filing/0001481792-25-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1481792/000148179225000034/0001481792-25-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1481792/000148179225000034/quad-20250729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:38:24.505504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}