In addition to formal presentations, the Company will provide an opportunity for question and answer sessions with the Executive Leadership Team. A live webcast of the event will be available on the Company's Investor Relations webpage. Presentation materials will be posted the morning of the event and a recording of the webcast will be made available following the event. Contact: Bill D'Onofrio (614) 499-7233 bill.donofrio@greif.com DELAWARE, Ohio, July 24, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, G ...

Due to this performance, the company's shares have lost 7% in the past month compared with the industry's 1.5% decline. High Costs Offset Volume Improvements in Q2 Greif witnessed a slight improvement in volumes in the fiscal second quarter in both segments, with a 1.7% rise in Global Industrial Packaging and 2.2% in Paper Packaging Services. This led to a 4.7% rise in total revenues for the April-ended quarter. Notably, Greif had been witnessing a decline in adjusted earnings since the fourth quarter of fi ...

DELAWARE, Ohio, June 11, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a world leader in industrial packaging products and services, announced today it is implementing a minimum 6.0 percent increase on all tube and core and protective packaging products. The tube and core and protective packaging increase is effective with shipments on and after July 15, 2024. The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material c ...

Exhibit 99.1 Greif Reports Fiscal Second Quarter 2024 Results DELAWARE, Ohio (June 5, 2024) – Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal second quarter 2024 results. Fiscal Second Quarter 2024 Financial Highlights: (all results compared to the second quarter of 2023 unless otherwise noted) Strategic Actions and Announcements CEO Commentary "We are excited to present another quarter of solid progress on our Build to Last Strategy, inc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 Commission File Number 001-00566 GREIF, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) De ...

Greif Inc. (NYSE:GEF) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET Company Participants Ole Rosgaard - President, Chief Executive Officer Larry Hilsheimer - Executive Vice President, Chief Financial Officer Bill D’Onofrio - Vice President, Investor Relations and Corporate Development Conference Call Participants Matt Krueger - Baird George Staphos - Bank of America Mike Roxland - Truist Securities Brian Butler - Stifel Gabe Hadje - Wells Fargo Operator Good day and thank you for standing by. Wel ...

Greif, Inc. (GEF) reported adjusted earnings per share (EPS) of 82 cents in second-quarter fiscal 2024 (ended Apr 30, 2024), which surpassed the Zacks Consensus Estimate of 77 cents. The bottom line fell 54% year over year. Results were impacted by elevated raw material, transportation and manufacturing costs, and higher SG&A expenses, reflecting increased compensation expenses and costs incurred for strategic investments. Including one-time items, EPS was 77 cents in the quarter compared with $1.90 in the ...

Paper Packaging & Services (PPS) Review ▪ Improving Containerboard and URB operating rates ▪ Executing on announced price increases and margin enhancement initiatives to offset rising OCC and other inflationary costs June 6, 2024 P.10 F I S C A L 2 0 2 4 E B I T D A G U I D A N C E ( $ M ) $610 Non-GAAP measures are intended to supplement and should be read together with our financial results. They should not be considered an alternative or subsitiute for, and sho superior to, our reported financial results ...

Shares of Greif have returned -0.3% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Greif performed in the just reported quarter in terms of the metr ...

Greif (GEF) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 6.49%. A quarter ago, it was expected that this industrial packaging company would post earnings of $0.20 per share when it actually produced earnings of $1.27, delivering a surprise of 535%. The sustainability of the stock ...