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Market Impact: 0.2

Deluxe Updates Full-year Outlook

DLX
Corporate Guidance & OutlookCompany FundamentalsM&A & Restructuring

Deluxe updated its full-year outlook after the first-quarter Safeguard divestiture, projecting revenue of $1.985 billion to $2.050 billion, adjusted EBITDA of $430 million to $455 million, and adjusted EPS of $3.60 to $4.00. The announcement is primarily an outlook reset tied to portfolio changes rather than a major operating surprise. Market impact should be limited, with attention focused on how the divestiture affects full-year profitability and revenue mix.

Analysis

Deluxe updated its full-year outlook after the first-quarter Safeguard divestiture, projecting revenue of $1.985 billion to $2.050 billion, adjusted EBITDA of $430 million to $455 million, and adjusted EPS of $3.60 to $4.00. The announcement is primarily an outlook reset tied to portfolio changes rather than a major operating surprise. Market impact should be limited, with attention focused on how the divestiture affects full-year profitability and revenue mix.

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