The New York Times Issues Midterm Operating And Financial Targets

15 million total subscribers by year-end 2027 9-12% Adjusted Operating Profit CAGR, with 2022 as the base year Consolidated Adjusted Operating Profit Margin improvement over the period, with the potential for some
  • 15 million total subscribers by year-end 2027
  • 9-12% Adjusted Operating Profit CAGR, with 2022 as the base year
  • Consolidated Adjusted Operating Profit Margin improvement over the period, with the potential for some variability from year-to-year
    • Return 25-50% of Free Cash Flow to shareholders in the form of dividends and buybacks
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