Shifting a company's focus is hard. Ask Minneapolis-based Deluxe [Yahoo! Finance]
Deluxe Corporation (DLX)
Last deluxe corporation earnings: 10/24 04:00 pm
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US:NYSE Investor Relations:
ww.deluxe.com/about-deluxe/investor-relations
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Source: Yahoo! Finance
Deluxe Corp. is a case in point. Realizing that paper checks were on the way out, the Minneapolis-based company started acquiring small-business services companies — and a lot of them. When current Chief Executive Barry McCarthy took over in 2018, he realized the company needed to focus the stable of new businesses. Besides the legacy check printing business, Deluxe would concentrate on business-to-business payments, merchant services and data solutions for financial institutions and small to mid-size businesses. The company decided to sell off those business lines that did not fit into the core focus. That came with some pain, including layoffs. It also included moving business lines to the same operating systems and consolidating employees at fewer offices. With some of that transformation done, in November the company was ready to launch its new strategic plan. Called the North Star Initiative, it includes goals to drive sustained organic revenue and earnings growth for its
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DLX
News
- Deluxe Co. (NYSE: DLX) is now covered by analysts at Northcoast Research. They set a "buy" rating and a $27.00 price target on the stock.MarketBeat
- Deluxe to Report First Quarter 2024 Results on May 1, 2024Business Wire
- Deluxe Named One of America's Most Trustworthy Companies by Newsweek for Third Year in a Row [Yahoo! Finance]Yahoo! Finance
- Deluxe Named One of America’s Most Trustworthy Companies by Newsweek for Third Year in a RowBusiness Wire
- Deluxe Named 2024 CIO 100 Award Winner [Yahoo! Finance]Yahoo! Finance
DLX
Earnings
- 2/1/24 - Beat
DLX
Sec Filings
- 4/16/24 - Form DEFA14A
- 4/10/24 - Form DEFA14A
- 4/9/24 - Form DEFA14A
- DLX's page on the SEC website