Lee Enterprises (LEE) Reports March Revenue Stats
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Lee Enterprises, Incorporated (NYSE: LEE), reported that same property advertising revenue in March decreased 1.2% compared with a year ago. Same property online advertising revenue increased 64.3%. Year to date, total same property advertising revenue was up 0.2%.
National advertising revenue decreased 7.1%. Print-only retail advertising revenue decreased 2.3%, and print-only classified revenue decreased 6.6%.
In St. Louis, advertising revenue decreased 2.1%for the March statistical period. At the other former Pulitzer newspapers, advertising revenue declined 3.4%.
Including the effect of acquisitions and divestitures, advertising revenue also decreased 1.2%, while total operating revenue decreased 1.3%.
National advertising revenue decreased 7.1%. Print-only retail advertising revenue decreased 2.3%, and print-only classified revenue decreased 6.6%.
In St. Louis, advertising revenue decreased 2.1%for the March statistical period. At the other former Pulitzer newspapers, advertising revenue declined 3.4%.
Including the effect of acquisitions and divestitures, advertising revenue also decreased 1.2%, while total operating revenue decreased 1.3%.
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