Morgan M. (Mac) Schuessler, Jr.
On February 20, 2025, the Board of Directors (the “Board”) of Deluxe Corporation (the “Company”) unanimously elected Morgan M. (Mac) Schuessler, Jr. to the Board, effective February 21, 2025.
Highest-materiality recent filing
Deluxe Q1 net income $35.8M; adj. EPS $1.05 (+45.8%); updates 2026 outlook after Safeguard sale
GAAP diluted EPS $0.77 vs $0.31 in Q1 2025; adjusted diluted EPS $1.05 vs $0.72.
Deluxe Q4 adjusted EPS rises 6% to $0.89; FY25 adjusted EPS up 10.7% to $3.61; FY26 outlook provided
Full year revenue $2.133B (+0.5% reported, +1.1% adj.); net income $82.2M, up 55.4% from $52.9M in 2024.
Deluxe FY2025 revenue +0.5%, net income $85.3M, adj. EPS $3.67, guides 2026 $3.90-4.30
Full-year revenue $2.133B (+0.5% reported, +1.1% comparable); Q4 revenue $535.3M (+2.8%).
Deluxe Q3 revenue up 2.2%, adjusted EPS up 29.8% to $1.09, raises FY adj EPS guidance
Revenue $540.2M (+2.2%); comparable adjusted revenue +2.5% to $540.2M.
Deluxe acquires CheckMatch from JPMorgan for $25M to expand digital lockbox network
Acquired CheckMatch from Kinexys by J.P. Morgan for $25M ($12.5M paid at close, $12.5M due in 180 days).
Deluxe Q2 revenue down 3.1% to $521.3M but net income up 9.3%; raises FY free cash flow outlook
GAAP EPS $0.50 vs $0.46 YoY; adjusted diluted EPS up 3.5% to $0.88.
Deluxe Q1 revenue $536.5M (+0.3%), GAAP EPS $0.31, adjusted EPS $0.75; reaffirms FY2025 outlook
Net income $14.0M (up 29.6% YoY); GAAP diluted EPS $0.31 vs $0.24.
Deluxe Reports Q4 and Full Year 2024 Results; Provides 2025 Outlook
Full year revenue decreased 3.2% to $2,121.8M; comparable adjusted revenue down 1.2%.
Deluxe closes $450M senior secured notes at 8.125% and new $900M credit facilities
Closed $450M senior secured notes offering due 2029, interest 8.125% per annum.
Deluxe prices $450M senior secured notes at 8.125%, upsized from $400M
Offering upsized to $450M from $400M; closing expected December 3, 2024.
Deluxe announces $400M senior secured notes offering to refinance existing debt
Offering $400M aggregate principal amount of senior secured notes due 2029 in private placement.
Deluxe Q3 net income $8.9M vs loss; adjusted EPS up 12% to $0.84; narrows FY guidance
Revenue $528.4M (-1.7% YoY); comparable adjusted revenue -0.7%.
Deluxe Corp Principal Accounting Officer Chad Kurth resigns, effective Sept 10, 2024
Chad P. Kurth, Principal Accounting Officer, notified Deluxe Corp of his resignation on Aug 14, 2024.
Deluxe Q2 revenue down 5.9% but net income up 25%; reaffirms FY guidance
GAAP diluted EPS $0.46, up 24.3% YoY; comparable adjusted diluted EPS $0.85, up 4.9%.
Deluxe Q1 adj. EPS up 4.3% to $0.72; raises FY free cash flow guidance
Reported revenue $535M (-1.9% YoY); comparable adjusted revenue up 1.2% to $529M.
On February 20, 2025, the Board of Directors (the “Board”) of Deluxe Corporation (the “Company”) unanimously elected Morgan M. (Mac) Schuessler, Jr. to the Board, effective February 21, 2025.
each of William C. Cobb and Martyn R. Redgrave notified the Board on January 22, 2025 that each of them has decided not to stand for re-election at the Company’s 2025 Annual Meeting of Shareholders.
each of William C. Cobb and Martyn R. Redgrave notified the Board on January 22, 2025 that each of them has decided not to stand for re-election at the Company’s 2025 Annual Meeting of Shareholders.
On October 14, 2024, Llewellyn Kelly Moyer joined Deluxe Corporation (the “Company”) as Vice President, Chief Accounting Officer.
The board further appointed William C. Zint, the Company’s SVP, Chief Financial Officer, as the Company’s Principal Accounting Officer for the interim period through the Filing Date.
On August 14, 2024, Chad P. Kurth, Deluxe Corporation’s (the “Company”) Principal Accounting Officer, notified the Company of his resignation, effective September 10, 2024.
On August 13, 2024, the Board of Directors (the “Board”) of Deluxe Corporation (the “Company”) unanimously elected Angela L. Brown to the Board to serve for a term ending at the 2025 Annual Meeting of the Shareholders.
Max materiality 0.90 · Median 0.60 · Most common event earnings