secwatch.observer — SEC 8-K summary
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Issuer:     Quad/Graphics, Inc. (QUAD)
CIK:        0001481792
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001481792-26-000088
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quad/Graphics Q1 2026: net sales $581M (-7.7% YoY), Adj. EPS $0.25 (+25%), reaffirms FY guidance
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- Net sales $581M, down 7.7% YoY (4.3% ex-Europe divestiture); net earnings $6M ($0.13 diluted EPS).
- Adjusted EPS $0.25, up 25% from $0.20; Adjusted EBITDA $45M vs $46M prior year.
- Reaffirms FY2026 guidance: Adj. EBITDA $175-215M, FCF $40-60M, net sales decline 1-5%.
- Quarterly dividend $0.10/share payable June 5, 2026; $1M in share repurchases YTD.
- Net debt $427M at Mar 31, up from $308M at Dec 31 due to negative Q1 FCF of $107M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481792/000148179226000088/0001481792-26-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481792/000148179226000088/quad-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001481792-26-000088

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