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A tale of 3 small businesses: How they changed packaging to mitigate tariffs
Yahoo Finance· 2025-10-22 09:00
This story was originally published on Packaging Dive. To receive daily news and insights, subscribe to our free daily Packaging Dive newsletter. After Lisa Lane pitched her slip-on connector product, Rinseroo, on Shark Tank this January and received the show’s “golden ticket,” she was raring to go, ready to scale and enthused about ordering her products. Then came heightened tariffs — in February, a 10% increase on imports from China, eventually escalating to a 145% duty rate, but soon dropping to 30%. La ...
Why Crown Holdings Stock Was Climbing Today
Yahoo Finance· 2025-10-21 17:52
Core Insights - Crown Holdings reported better-than-expected third-quarter earnings, with solid growth in both revenue and earnings, and raised its full-year guidance [1][3][4] Financial Performance - Revenue increased by 4.2% to $3.2 billion, surpassing estimates of $3.14 billion [3] - Segment income rose by 4% to $490 million, while adjusted earnings per share (EPS) increased by 13% to $2.24, exceeding the consensus estimate of $1.99 [4] Regional Performance - Strong growth was observed in Europe, with a 12% increase in volume in the European beverage segment, contributing to a 27% rise in segment income [3] Guidance Update - The company raised its full-year adjusted EPS forecast to $7.70 to $7.80, up from a previous range of $7.10 to $7.50, and expects fourth-quarter adjusted EPS of $1.65 to $1.75, compared to the consensus of $1.58 [5] Market Position - Following the earnings report, Jefferies reiterated a buy rating on Crown Holdings, describing the stock as "undervalued" with a price-to-earnings ratio of less than 13, indicating it is well-priced for a leading company in a challenging environment [5]
Crown Holdings Reports Better-Than-Expected Q3 Earnings
Benzinga· 2025-10-20 20:59
Core Insights - Crown Holdings, Inc. reported strong third-quarter earnings, with adjusted earnings per share of $2.24, surpassing analyst expectations of $2 [2] - The company's quarterly revenue reached $3.2 billion, exceeding the Street estimate of $3.12 billion [2] Financial Performance - Adjusted diluted earnings per share increased by 13% compared to the previous year, while segment income rose by 4% [3] - The European Beverage segment experienced a significant volume growth of 12%, contributing to a 27% increase in European segment income [4] Market Outlook - Crown Holdings raised its fiscal 2025 adjusted EPS guidance from a range of $7.10 to $7.50 to a new range of $7.70 to $7.80, compared to the analyst estimate of $7.39 [4] - The stock price of Crown Holdings increased by 7.51%, reaching $101 in extended trading [5]
Crown Holdings shares surge after earnings beat, raised outlook (CCK:NYSE)
Seeking Alpha· 2025-10-20 20:17
Crown Holdings (NYSE:CCK) shares jumped 15% in extended trading Monday after the packaging manufacturer reported third-quarter results that exceeded Wall Street expectations and raised its full-year earnings forecast. The company posted adjusted earnings of $2.24 per share, up 13% from $1.99 a year earlier ...
CROWN HOLDINGS, INC. REPORTS THIRD QUARTER 2025 RESULTS
Prnewswire· 2025-10-20 20:05
Core Insights - Crown Holdings, Inc. reported strong financial results for the third quarter of 2025, with adjusted diluted earnings per share increasing by 13% to $2.24 compared to $1.99 in the same quarter of 2024, and net income attributable to the company reaching $214 million, a significant recovery from a loss of $175 million in the prior year [5][14][21]. Financial Performance - Net sales for the third quarter of 2025 were $3,202 million, up from $3,074 million in the third quarter of 2024, driven by increased shipments in European Beverage and the pass-through of higher material costs [3][17]. - Income from operations was $423 million in Q3 2025, compared to $444 million in Q3 2024, while segment income increased to $490 million from $472 million, reflecting stronger results in European Beverage and North American tinplate businesses [4][19]. - For the first nine months of 2025, net sales totaled $9,238 million, up from $8,898 million in the same period of 2024, with net income attributable to Crown Holdings reaching $588 million compared to $66 million in 2024 [7][17]. Outlook and Guidance - The company raised its full-year guidance for adjusted diluted earnings per share to a range of $7.70 to $7.80, with expectations for fourth-quarter adjusted diluted earnings per share between $1.65 and $1.75 [8][9]. - Crown Holdings anticipates generating approximately $1.0 billion in adjusted free cash flow for 2025, after capital expenditures of around $400 million [9][29]. Shareholder Returns - The company returned over $400 million to shareholders in the form of share repurchases and dividends during the first nine months of 2025 [3][14]. - Crown Holdings achieved its long-term adjusted net leverage target of 2.5x as of September 30, 2025, indicating a strong balance sheet and commitment to returning excess cash to shareholders [3][14].
Tycoon Geminder Is Said to Weigh Sale of Asia Businesses
MINT· 2025-10-20 05:25
Group 1 - Australian tycoon Raphael Geminder is considering selling the Asian operations of his packaging companies, Dynapack Asia and Pact Group Holdings Ltd. [1][2] - The potential deal could value the combined Asia operations at approximately $1 billion [2]. - Dynapack Asia was founded in 1959 and is co-owned by Geminder, who holds a 50% stake, and the Hambali family, which owns the other half [3][4]. Group 2 - Dynapack Asia produces packaging and components for various industries, including personal care, food and beverage, and pharmaceuticals, with notable clients such as Coca-Cola, Johnson & Johnson, and Unilever [5]. - Pact Group, founded by Geminder in 2002, recently delisted from the Australian Securities Exchange and is reviewing its Asian packaging business, including potential divestment [6]. - The net debt for Pact Group rose by 18.4% to approximately A$496 million ($328 million) in the last financial year [6].
Crown Holdings, Inc. (CCK) Earnings Preview: What to Expect
Financial Modeling Prep· 2025-10-17 09:00
Core Insights - Crown Holdings, Inc. is a leading global packaging company, focusing on consumer goods packaging, with key segments including beverage cans, food cans, and aerosol containers [1] - The company is set to release its quarterly earnings on October 20, 2025, with analysts estimating an EPS of $1.98 and projected revenue of approximately $3.13 billion [1] Financial Performance Expectations - Analysts expect Crown Holdings to report an EPS of $1.98, reflecting a slight decline of 0.5% from the previous year, while revenues are anticipated to rise by 3.9% to $3.19 billion for the quarter ending September 2025 [2][6] - The consensus EPS estimate has been revised upward by 1.1% over the past 30 days, indicating a positive reassessment by analysts [2] Market Sentiment and Stock Impact - The Zacks Consensus Estimate aligns with Wall Street's outlook, predicting an EPS of $1.98, which underscores market expectations for Crown's performance [3] - The upcoming earnings report could significantly impact Crown's stock price, with potential upward movement if actual earnings exceed estimates, or a decline if they fall short [3] Analyst Ratings and Valuation Metrics - Crown Holdings has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about its earnings prospects and indicating it could be an attractive choice for investors [4][6] - The company has a price-to-earnings (P/E) ratio of approximately 19.26, a price-to-sales ratio of about 0.89, and an enterprise value to sales ratio of 1.36, indicating how the market values its earnings and sales [5]
Packaging Corp to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2025-10-16 18:06
Core Insights - Packaging Corporation of America (PKG) is scheduled to report its third-quarter 2025 results on October 22, with revenue estimates at $2.26 billion, reflecting a 3.4% year-over-year growth, and earnings per share (EPS) estimated at $2.83, indicating a 6.8% increase from the previous year [1][5]. Financial Performance - The Zacks Consensus Estimate for PKG's third-quarter revenues is $2.26 billion, which shows a growth of 3.4% compared to the same quarter last year [1]. - The consensus estimate for earnings is $2.83 per share, representing a year-over-year growth of 6.8% [1]. - PKG has a history of earnings surprises, beating estimates in three of the last four quarters with an average surprise of 2.9% [3][4]. Segment Analysis - The Packaging segment is expected to report revenues of $2.06 billion, which is a 2.6% increase from the prior year, despite a predicted volume decline of 2.5% [8][9]. - Operating income for the Packaging segment is estimated at $340 million, reflecting a 6.2% growth year-over-year [9]. - The Paper segment is projected to have revenues of $151 million, down 5.4% from the previous year, with an operating income estimate of $38 million, indicating a 1.2% decline [10]. Strategic Developments - The acquisition of Greif, Inc.'s containerboard business, finalized in early September, is expected to positively impact PKG's earnings immediately, contributing to the Packaging segment's performance [7]. Stock Performance - Over the past year, PKG shares have decreased by 2.5%, contrasting with a 34.6% decline in the industry [11].
Veritiv expands in US with purchase of Packaging Solutions
Yahoo Finance· 2025-10-16 10:01
Core Insights - Veritiv Operating Company has acquired Packaging Solutions, enhancing its specialty packaging distribution capabilities in southern California [1][2] - The financial terms of the acquisition remain undisclosed, and Alston & Bird served as legal adviser to Veritiv [1] - The acquisition aims to integrate Packaging Solutions' offerings and expand Veritiv's operations in the region [1][3] Company Expansion - The acquisition is part of Veritiv's strategy to strengthen its reach and ability to serve customers in southern California [2] - Packaging Solutions brings a well-established customer base, contributing to Veritiv's national platform expansion [3] - Veritiv's CEO emphasized the combination of its strength with the entrepreneurial spirit of smaller family businesses [3] Employee and Customer Integration - Veritiv looks forward to integrating Packaging Solutions' employees, customers, and suppliers into its operations [4] - The acquisition is expected to enhance Veritiv's ability to deliver innovative and sustainable products and services [4] Historical Context - Packaging Solutions has over 20 years of experience in providing end-to-end packaging solutions in southern California [4] - In September 2025, Veritiv also acquired Subotnick Packaging and the packaging distribution division of S Walter Packaging, indicating a broader trend of expansion in the packaging sector [5]
Elevai Labs(ELAB) - Prospectus
2025-10-15 23:28
As filed with the U.S. Securities and Exchange Commission on October 15, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REGISTRATION STATEMENT ON FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PMGC HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 5912 33-2382547 (I.R.S. Employer Identification ...