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Achieved 2025 financial guidance, introduced 2026 financial guidance consistent with progress toward 2028 outlook.
March 10, 2026
By: David Savastano
Editor
Quad/Graphics, Inc. reported results for the fourth quarter and fiscal year ended Dec. 31, 2025. Net sales were $2.4 billion in 2025, a decrease of 9.4% compared to 2024, or a 4.8% decline in net sales excluding the divestiture of the company’s European operations. This decrease was primarily due to lower paper sales, lower print volumes, and lower logistics and agency sales, including the loss of a large grocery client in 2024, which annualized at the beginning of March 2025. Net earnings...
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