Core Viewpoint - Deluxe (DLX) has shown a significant price increase of 21.5% over the past four weeks, with a mean price target of $26.75 indicating a potential upside of 37% from its current price of $19.52 [1] Price Targets and Analyst Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $2.75, where the lowest estimate is $24.00 (23% increase) and the highest is $30.00 (53.7% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Sentiment - There is a growing optimism among analysts about DLX's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 5.2%, with one estimate moving higher and no negative revisions [12] Zacks Rank and Investment Potential - DLX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential for upside in the near term [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a useful guide for the direction of price movement [14]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lose momentum if future growth does not justify high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Deluxe (DLX) Stock Analysis - Deluxe (DLX) has shown significant price momentum with a four-week price change of 21.5% and a 36.9% increase over the past 12 weeks, indicating strong investor interest [4][5] - DLX has a beta of 1.49, suggesting it moves 49% more than the market, which aligns with the characteristics of a momentum stock [5] - The stock has a Momentum Score of B, indicating a favorable time to invest based on momentum trends [6] Group 3: Earnings and Valuation - DLX has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest and drive prices higher [7] - The stock is currently trading at a Price-to-Sales ratio of 0.42, suggesting it is undervalued, as investors pay only 42 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides DLX, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help investors identify potential winning stocks based on their personal investing styles [9]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission file number: 1-7945 DELUXE CORPORATION (Exact name of registrant as specified in its charter) MN 41-0216800 (I.R.S. Employer ...

分组1 - Deluxe reported quarterly earnings of $0.88 per share, exceeding the Zacks Consensus Estimate of $0.71 per share, and showing a slight increase from $0.86 per share a year ago, resulting in an earnings surprise of +23.94% [1] - The company posted revenues of $521.3 million for the quarter ended June 2025, which was below the Zacks Consensus Estimate by 0.61% and a decrease from $537.8 million in the same quarter last year [2] - Over the last four quarters, Deluxe has surpassed consensus EPS estimates four times but has only topped revenue estimates once [2] 分组2 - The stock has underperformed, losing about 28.1% since the beginning of the year, while the S&P 500 has gained 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.92 on revenues of $530.6 million, and for the current fiscal year, it is $3.36 on revenues of $2.12 billion [7] - The Zacks Industry Rank for Business - Office Products is in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Deluxe (DLX) Q2 2025 Earnings Call August 06, 2025 05:00 PM ET Speaker0Ladies and gentlemen, thank you for standing by, and welcome to the Deluxe Quarterly Earnings Conference Call. All participants are currently in a listen only mode, and today's call is being recorded.At this time, I would like to turn the conference over to your host, Vice President of Strategy and Investor Relations, Brian Anderson. Please go ahead.Speaker1Thank you, operator, and welcome to the Deluxe second quarter twenty twenty five ...

August 6, 2025 © 2025 Deluxe Corporation Brian Anderson Vice President, Strategy & Investor Relations 2 Today's Presenters Second Quarter 2025 Earnings Barry McCarthy President and Chief Executive Officer Chip Zint Senior Vice President and Chief Financial Officer Brian Anderson Vice President, Strategy & Investor Relations 3 Cautionary Statement Statements made in this presentation regarding Deluxe, the company's,or management's intentions, expectations, outlook, or predictions about future results or even ...

Exhibit 99.1 Contact: Brian Anderson, VP, Strategy & Investor Relations Keith Negrin, VP, Communications 651-447-4197 612-669-1459 brian.anderson@deluxe.com keith.negrin@deluxe.com DELUXE REPORTS SECOND QUARTER 2025 RESULTS INCREASES FULL-YEAR FREE CASH FLOW OUTLOOK Minneapolis – August 6, 2025 – Deluxe (NYSE: DLX), a trusted Payments and Data company, today reported operating results for its second quarter ended June 30, 2025. "Our strong expansion of core earnings and operating cash flow metrics continued ...

Shares of Deluxe (DLX) have gained 7.4% over the past four weeks to close the last trading session at $15.23, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $27.60 indicates a potential upside of 81.2%. They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other ...

Financial Performance - Consolidated revenue for Q1 2025 increased by $2 million to $536 million, despite a $6 million decrease from business exits, driven by pricing actions and growth in data-driven marketing [79]. - Net income for Q1 2025 increased by $3 million to $14 million, reflecting pricing and cost management actions, and reduced restructuring expenses [79]. - Net income for Q1 2025 was $14,048,000, reflecting a 29.7% increase compared to $10,830,000 in Q1 2024, while diluted EPS rose to $0.31, up 29.2% year-over-year [99]. - Free cash flow for Q1 2025 increased significantly to $24,313,000 from $6,148,000 in Q1 2024, indicating improved cash generation capabilities [101]. - Net cash provided by operating activities increased by $24 million to $50,281,000 in Q1 2025 from $26,590,000 in Q1 2024 [123]. Cost Management - Adjusted EBITDA margin for Q1 2025 was 18.7%, virtually unchanged from 18.8% in Q1 2024, with a 0.5 point decrease attributed to business exits [78]. - SG&A expenses decreased by 3.8% to $225 million, with SG&A as a percentage of total revenue dropping from 43.8% to 42.0% [93]. - Total cost of revenue increased by 1.6% to $255 million, with costs as a percentage of total revenue rising from 47.0% to 47.6% [90]. - Restructuring and integration expenses decreased by 44.5% to $7.7 million, reflecting ongoing initiatives to enhance operational efficiency [95]. - SG&A expenses decreased by 3.8% in Q1 2025 compared to Q1 2024, contributing to overall cost management efforts [109]. Debt and Cash Management - Cash and cash equivalents as of March 31, 2025, were $30 million, with an additional $368 million available under the revolving credit facility [84]. - Total debt as of March 31, 2025, was $1,492,545,000, down from $1,503,151,000 at the end of 2024, resulting in net debt of $1,462,229,000 [102]. - As of March 31, 2025, total debt obligations were $1.51 billion, a slight decrease from $1.52 billion as of December 31, 2024 [128]. - The company anticipates capital expenditures between $90 million and $100 million for the full year, compared to $94 million in 2024 [84]. - The company expects to maintain regular quarterly dividend payments, subject to board approval [127]. Segment Performance - Merchant Services segment revenue for Q1 2025 was $97,769,000, a 1.3% increase from $96,477,000 in Q1 2024, driven by higher volumes from government clients [113]. - Total revenue for the B2B Payments segment in Q1 2025 was $70,155,000, a 1.1% increase from $69,418,000 in Q1 2024 [115]. - Data Solutions segment revenue increased by 29.3% to $77,227,000 in Q1 2025, up from $59,712,000 in Q1 2024 [117]. - Adjusted EBITDA for the Data Solutions segment rose by 32.4% to $19,693,000 in Q1 2025, compared to $14,869,000 in Q1 2024 [117]. - Print segment revenue decreased by 4.0% to $291,304,000 in Q1 2025, down from $303,334,000 in Q1 2024 [119]. Tax and Interest - The effective income tax rate for Q1 2025 decreased to 27.1%, down from 33.8% in Q1 2024, primarily due to lower tax impacts from foreign operations [98]. - Interest expense for Q1 2025 increased to $31,266,000, a 1.5% rise from Q1 2024, driven by higher interest rates despite a 3.0% decrease in average debt outstanding [97]. Future Outlook - The North Star program aims for a $100 million run-rate improvement in free cash flow and an $80 million run-rate improvement in adjusted EBITDA by 2026 [110]. - The company is focused on growth investments, debt reduction, and returning capital to shareholders through dividends, subject to board approval [84]. Foreign Currency Exposure - The company is exposed to fluctuations in foreign currency exchange rates, primarily Canadian dollars [136]. - Foreign operations constitute a relatively small portion of the overall business, minimizing the impact of exchange rate changes on earnings and cash flows [136]. - The company has not engaged in hedging activities to mitigate foreign currency exchange rate risks [136].

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was just over $536 million, up 1.4% on a comparable adjusted basis year over year [9][18] - Comparable adjusted EBITDA for the quarter was just over $100 million, increasing nearly 3.5% from 2024 [10][19] - Comparable adjusted EPS finished at $0.75, reflecting just over 4% expansion versus the prior year [10][20] - Net debt levels decreased to $1.46 billion, down approximately $80 million from the previous year [28] Business Line Data and Key Metrics Changes - Payments and Data segments grew by a blended rate just above 8.5%, with the Data segment revenue growing 29% year over year [11][24] - Merchant Services revenue grew by 1.3% year over year to $97.8 million, with adjusted EBITDA remaining flat at $21.4 million [20] - B2B segment revenues increased by 1.2% to $70.2 million, with adjusted EBITDA dollars remaining flat at $13.3 million [22] - Print segment revenue declined by 4% year over year to $291.3 million, with legacy check revenues declining by 1.8% [26] Market Data and Key Metrics Changes - The revenue mix shifted towards payments and data offerings, with the ratio of print to payments and data segments changing from 57:43 to 54:46 year over year [11] - The company continues to monitor macroeconomic trends and consumer sentiment for potential impacts on revenue [6][32] Company Strategy and Development Direction - The company is focused on executing its North Star strategy, which emphasizes accelerating free cash flow and profit growth [5][14] - The management is maintaining overall guidance ranges for 2025 despite macroeconomic uncertainties [9][32] - New partnerships, such as with TownBank, are seen as opportunities to expand market reach and improve service delivery [38][66] Management's Comments on Operating Environment and Future Outlook - Management acknowledged extraordinary volatility and macroeconomic uncertainty but emphasized control over internal execution [5][6] - The company expects continued strong performance in the Data segment and is optimistic about future growth despite potential challenges in the Print segment [24][32] Other Important Information - The company reported a free cash flow of $24.3 million for the quarter, improving by $18.1 million from the previous year [29] - The Board approved a regular quarterly dividend of $0.30 per share, payable on June 2, 2025 [31] Q&A Session Summary Question: Insights on the Merchant Business - Management noted that the Merchant business continues to perform well across various market conditions, with strength in government and not-for-profit sectors [34][35] Question: Strategic Changes with New Leadership - Management expressed confidence in the new leadership and highlighted a focus on improving partnership relationships and expanding distribution channels [36][38] Question: Segment Modeling and Performance - Management indicated that the Data segment had a strong quarter but does not expect to maintain a 29% growth rate, projecting upper single digits to low double digits for the full year [44] Question: Impact of Government Check Phasing Out - Management clarified that the federal government is not a customer and does not expect significant impact from the phasing out of physical checks [54][56] Question: Observations on Tariffs and Spending - Management noted minimal evidence of consumer pull forward in spending related to tariffs, emphasizing that their revenue is transaction-based [58][59] Question: Potential Catalysts for Partnerships - Management highlighted the company's strong brand and relationships in the banking sector as key advantages for driving new partnerships [66][70]