Quad/Graphics

Quad/Graphics Lifts 2026 Sales Outlook as Q3 Adjusted EPS Rises 13%

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Quad/Graphics Lifts 2026 Sales Outlook as Q3 Adjusted EPS Rises 13%

SUSSEX, Wis. – October 29, 2026 -- Quad/Graphics (NYSE: QUAD) raised the midpoint of its full-year 2026 Adjusted Annual Net Sales Change guidance from -3% to -2%, after third-quarter Net Sales of $587 million held essentially flat against $588 million a year earlier.

Adjusted Diluted Earnings Per Share rose 13% to $0.35 from $0.31. Net Earnings fell to $6 million, or $0.11 per diluted share, from $10 million, or $0.21, on higher restructuring, impairment and transaction-related charges, net.

Quad narrows EBITDA and free cash flow guidance within original ranges

Besides the sales change, the company narrowed Adjusted EBITDA and Free Cash Flow guidance within its original ranges. It maintained its year-end 2026 Net Debt Leverage Ratio target at approximately 1.5x.