Lee Enterprises (LEE) July Revenues
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Lee Enterprises, Incorporated (NYSE: LEE), reported that same property advertising revenue decreased 2.1% in July and 1.1% year to date compared with a year ago. Same property online advertising revenue increased 62.5% in July and 57.2% year to date.
On a same property basis, which excludes the impact of acquisitions and divestitures made in the current or prior year, combined print and online retail advertising increased 0.6% in July and decreased 0.4% year to date compared with a year ago.
Total same property operating revenue in July declined 2.1 for the month and 0.9% year to date compared with a year ago. Including the effect of acquisitions and divestitures, total operating revenue declined 2.2 for the month and 0.8% year to date.
On a same property basis, which excludes the impact of acquisitions and divestitures made in the current or prior year, combined print and online retail advertising increased 0.6% in July and decreased 0.4% year to date compared with a year ago.
Total same property operating revenue in July declined 2.1 for the month and 0.9% year to date compared with a year ago. Including the effect of acquisitions and divestitures, total operating revenue declined 2.2 for the month and 0.8% year to date.
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