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How to turn it around
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A 55-year-old company’s balancing act.
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Greetings. Lost in this conversation of the possible end to quarterly reporting is the fact that earnings season produces some of the best business and finance stories. Will no one think of the journalists?!

In this issue:

Quad workout

Pluck of the Irish

Deep impact

Alex Zank, Natasha Piñon, Kristen Parisi

CFOVILLE

Headshot of Tony Staniak, a man with short salt-and-pepper hair and a short beard smiling and wearing a business suit.

Morning Brew Design, Photo: Tony Staniak

It’s tough being a commercial printer in the digital era. Who needs a Sears catalog when Amazon has an app? Why print a brochure when you can just give prospects a QR code?

Yet the 55-year-old, Wisconsin-based Quad—the fourth-largest printer in the US and Canada, according to the 2025 Printing Impressions 300—is growing net earnings and has its sights on net sales growth in 2028. Last year marked “an important milestone” in Quad’s quest to return to growth, according to CFO and Treasurer Tony Staniak.

Reaching its goal requires a balancing act—and we aren’t talking just about the books. Staniak said he and his team are tasked with controlling costs in Quad’s declining businesses while investing in those that are growing.

“When we look at capex, when we look at M&A that might come into play, we’ve got to make sure that we get our value back from those investments,” Staniak told CFO Brew. This requires finance to “continue to tightly manage the 23% of our business that is facing year-after-year organic decline,” and funding the other 77% “accordingly with investment to drive that [expected] growth.”

The journey: Quad turned a profit last year, with net earnings of $27 million versus a net loss of $51 million in 2024. Quad’s turnaround comes “after years of exposure to the secular headwinds in the printing industry,” Barton Crockett, managing director and senior research analyst at Rosenblatt Securities, told us.

Keep reading.AZ

Presented By Deloitte

CFOVILLE

ireland photo

Benedek/Getty Images

This St. Patrick’s Day, at least one of the Big Four remembered what the holiday is really all about: what Irish CFOs have to say about the evolving obligations of the top finance seat in a volatile world, obviously.

What did you think we were going to say?

In a timely March 12 release, EY shared findings from a poll of 200 senior finance leaders in Ireland, conducted between December 2025 and January 2026.

And over on the Emerald Isle at the start of the year, CFOs were feeling mighty confident about the year ahead.

Almost all (94%) of the respondents said they expected growth as their organizations entered 2026.

“Expected growth averages out at 9%, consistent with last year,” the report’s authors wrote. “This is likely at least partly a reflection of the continuing strength and resilience of the Irish economy, and the success of Ireland-based organizations in diversifying markets in the face of US tariffs and other trade disruptions.”

Keep reading.NP

TALENT MANAGEMENT

immigration services building

Gulbenk, U.S. Citizenship and Immigration Service, CC BY-SA 3.0

The Trump administration has changed multiple rules around employing immigrants since January 2025, and HR and legal leaders say it’s already impacting their businesses, according to a new Littler survey.

Nearly two-thirds (65%) of respondents said that immigration decisions have impacted their business, with roughly one-quarter (24%) experiencing at least moderate staffing challenges as a result. The changes have especially impacted businesses in the technology and hospitality sectors.

Preliminary data from the Census Bureau found that the US workforce shrank by roughly 1.2 million immigrants in the first half of 2025. Some companies have reduced hiring, shut down operations or let workers go over the last year as the Trump administration has stepped up immigration enforcement. Companies are “not able to find the talent to replace that talent that [they] had to let go,” according to Jorge Lopez, chair of the immigration and global mobility practice at Littler.

The majority of larger companies can make changes and still run their operations. “I think the smaller ones are going to have more problems,” Lopez told HR Brew. “They have less opportunity to absorb the shock—the economic shock, and the staffing shock.”

Keep reading on HR Brew.KP

Together With Intuit QuickBooks

MARKET FORCES

market forces chart

Francis Scialabba

Today’s top finance reads.

Stat: 0.7%. That’s how much the Producer Price Index, also known as wholesale inflation, rose in February. This was an acceleration from the prior month’s 0.5% increase. (Bloomberg)

Quote: “There’s this idea that AI is going to replace a lot of these [SaaS] applications with things like vibe coding. I’m a technologist, and I’ve been in this space for a long time. I just don’t see that happening.”—Aneel Bhusri, CEO of Workday (Fortune)

Read: A potential end to quarterly reporting mandates has the markets abuzz with chatter. (Business Insider)

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