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 September 30, 2020 ☐ 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 (State or other jurisdi ...

Deluxe Corporation (NYSE:DLX) Q2 2020 Earnings Conference Call July 30, 2020 4:30 PM ET Company Participants Ed Merritt - Vice President, Corporate Finance and Treasurer Barry McCarthy - President and Chief Executive Officer Keith Bush - Chief Financial Officer Jane Elliott - Chief Communications and HR Officer Conference Call Participants Charlie Strauzer - CJS Chris McGinnis - Sidoti & Company Operator Ladies and gentlemen, thank you for standing by, and welcome to the Second Quarter 2020 Deluxe Earnings ...

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, 2020 ☐ 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 (State or other j ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2020 was $486.4 million, representing a decline of 2.5% compared to the previous year [34] - GAAP diluted loss per share was $1.45, including asset impairment charges of $90.3 million [35] - Adjusted diluted EPS was $1.08, down from $1.54 in 2019 [35] - Reported EBITDA for the quarter was a loss of $27.9 million, with adjusted EBITDA at approximately $83.3 million, down from $113.7 million last year [36] Business Line Data and Key Metrics Changes - Payments segment revenue grew 18% to $77 million, driven by new business wins [35][21] - Cloud Solutions revenue was nearly $76 million, declining about $2 million from last year [35] - Promotional Solutions revenue was approximately $143 million, down about $13 million from last year [35] - Checks revenue delivered nearly $191 million, declining about $9 million from last year [35] Market Data and Key Metrics Changes - The Northeast region experienced the most significant revenue declines due to COVID-19 [16] - Promotional Solutions and Cloud Solutions were the most impacted segments, with declines expected to continue into Q2 [14][17] Company Strategy and Development Direction - The company is focused on its "One Deluxe" strategy to become a sales-driven revenue growth company, moving away from reliance on acquisitions [9][11] - The Payments segment is seen as a key growth area, with new products and partnerships enhancing market position [22][54] - The company is identifying new business opportunities, such as selling PPE, to mitigate revenue declines [16][54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategy despite the challenges posed by COVID-19, noting that the strategy is yielding positive results [11][46] - The company anticipates a gradual recovery, with expectations for modest volume improvements in the latter half of the year [14][62] - Management highlighted the importance of maintaining financial flexibility and liquidity during the downturn [30][47] Other Important Information - The company has implemented cost-cutting measures, including a 20% reduction in salaried employees and the suspension of merit pay adjustments [29] - The company has drawn $1.14 billion on its credit facility to enhance liquidity, maintaining a cash position of about $300 million [39][40] Q&A Session Summary Question: General sentiment about the timeline of eventual recovery - Management believes the recovery will be gradual, resembling a "Nike Swoosh" shape, but lacks precise timing [61][62] Question: Additional cost management levers - Management indicated that there are still opportunities for structural efficiencies and cost savings [63][66] Question: Expectations for margin pressure - Management remains optimistic about long-term margin expansion despite short-term impacts from COVID-19 [70][71] Question: Growth expectations for the Payments side - Management expects the Payments business to outperform the broader economy due to new products and financial stability [74][75] Question: Changes in go-to-market strategy - The company has integrated its go-to-market strategy, allowing for broader conversations with customers and attracting competitors' clients [79][80]

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 March 31, 2020 ☐ 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 (State or other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2019 Commission file number: 1-7945 DELUXE CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 3680 Victoria St. N. (Address of principal executive offices) ShoreviewMN | --- | --- | |-------|---------------------------------- ...

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 September 30, 2019 ☐ 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 (State or ot ...

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, 2019 ☐ 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 (State or other j ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, par value $1.00 per share DLX New York Stock Exchange [X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2019 [ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________ ...