Cimpress NV

CEWE Stiftung & Co KGaA announced the acquisition of Kodak Moments, the global instant photo business of Kodak Alaris, for an enterprise value of approximately EUR88 million with expected cash out of a little over EUR70 million. The deal expands CEWE's footprint into the US, Mexico, Canada, and Australia, adding about EUR200 million in turnover, 16,000 points of sale, 37,000 connected photo stations, and roughly 1.5 billion prints annually. The acquisition includes about 400 patents and a production facility in Windsor, Colorado, enabling vertical integration of thermal media production and reducing dependency on Asian suppliers. CEWE also confirmed its 2026 guidance with revenue between EUR782 million and EUR810 million, and reported Q2 photofinishing revenue growth of 6% despite transaction costs and higher material, logistics, and personnel expenses. The sale of its Commercial Online Print division to Cimpress closed on July 2, 2026, with positive effects expected in Q3 results.

Cimpress raised its fiscal 2028 adjusted EBITDA target to at least $615 million, up from the prior $600 million, citing higher expected contributions from recent acquisitions. For fiscal 2026, the company reported full-year revenue of $3.74 billion, a 10% reported increase, and adjusted EBITDA of $458.5 million, up 6%. Fourth-quarter revenue grew 9% to $944.3 million, while adjusted EBITDA of $120.4 million was impacted by about $10 million in one-time items. The company guided for fiscal 2027 adjusted EBITDA of at least $520 million, representing over 13% growth, and adjusted free cash flow of approximately $200 million. CEO Robert Keane highlighted a new strategic partnership with Canva as a meaningful growth opportunity, with a deep technical integration launching in more than 25 additional countries by the end of September.

Zacks.com featured Dycom Industries, Cimpress, The Marcus Corp., and Flexsteel Industries as stocks with rising cash flows worth buying. The screen identifies companies with increasing net cash flow, which signals management efficiency and reduced reliance on outside financing. Dycom Industries saw its fiscal 2027 earnings estimate rise 2.6% over 30 days to $16.35 per share. Cimpress had its fiscal 2026 estimate improve 5.2% over 60 days to $3.81 per share. The Marcus Corp.'s 2026 earnings estimate moved up 8.2% over seven days to 53 cents per share, while Flexsteel Industries' fiscal 2026 estimate was revised upward 2.8% over 60 days to $4.78 per share.