Quad/Graphics Reports Q3 2026 Results with Increased EPS and Improved Full-Year Guidance
Quad/Graphics (QUAD) reported third-quarter 2026 net sales of $587 million, nearly matching the prior year's performance as growth in logistics and co-mail operations offset a decline in large-scale print volumes. Despite a slight compression in Adjusted EBITDA margins to 8.7%, the company achieved a 13% increase in adjusted diluted EPS to $0.35, supported by lower interest expenses and share repurchases. The company provided improved full-year guidance for both net sales and Adjusted EBITDA, reflecting positive momentum from new business wins. Management is actively transitioning its revenue mix toward integrated solutions and targeted print, aiming for 76% of total sales by 2028. While the company faced a $12 million tax settlement in Mexico and an $11 million reserve related to European divestiture receivables, net debt decreased by 9% year-over-year.
Tickers: $QUAD
Topics: adjusted ebitda debt reduction eps guidance net sales share repurchases