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SEE Boosts Portfolio With AUTOBAG Brand 850HB Hybrid Bagging Launch
ZACKS· 2025-09-17 17:05
Core Insights - Sealed Air Corporation (SEE) has launched the AUTOBAG 850HB Hybrid Bagging Machine to enhance its protective packaging solutions [1][7] - The new machine can handle both poly and paper mailers, streamlining operations by eliminating the need for separate machines [2][7] - The launch aligns with Sealed Air's strategy to position itself as a sole provider for fulfillment operations [2] Product Details - The AUTOBAG 850HB features on-bag printing for shipping and compliance information, and allows quick transitions between bag types [3] - The integration process is designed to be user-friendly, supporting both semi-automatic and fully-automated workflows [3] - This system provides fulfillment teams with flexibility in packaging choices, promoting curbside-recyclable formats and improving efficiency [3] Financial Performance - In Q2 2025, Sealed Air reported adjusted earnings per share of 89 cents, exceeding the Zacks Consensus Estimate of 72 cents, marking a 7% year-over-year improvement [4] - Total sales for the quarter were $1.335 billion, surpassing the Zacks Consensus Estimate of $1.318 billion, although sales decreased by 0.7% year over year [4] - Pricing positively impacted sales by 0.5%, while volumes decreased by 1.8% year over year, with currency effects also contributing positively by 0.5% [5] Share Price Performance - Over the past year, Sealed Air's shares have declined by 0.3%, contrasting with a 13.4% decline in the industry [6]
Sealed Air (SEE) Q2 EPS Jumps 7%
The Motley Fool· 2025-08-06 03:51
Core Insights - Sealed Air reported a significant earnings beat for Q2 2025, with adjusted earnings per share (non-GAAP) at $0.89, surpassing analyst expectations of $0.71 [1][2] - GAAP revenue reached $1.33 billion, slightly exceeding forecasts but showing a decline of less than 1% compared to Q2 2024 [1][2] - Management reaffirmed full-year 2025 guidance, indicating caution due to ongoing volume pressures [1][12] Financial Performance - Adjusted EPS increased by 7.2% year-over-year from $0.83 in Q2 2024 [2] - Adjusted EBITDA was reported at $293 million, up 2.8% from $285 million in Q2 2024 [2] - Free cash flow (non-GAAP) for the first six months was $81 million, a decline of 60.9% from $207 million in the previous year [2][8] Business Overview - Sealed Air specializes in protective and food packaging products, operating in two segments: Food and Protective [3] - The company emphasizes sustainable packaging, automation, and operational efficiency as part of its strategic focus [4] Segment Performance - The Food segment reported GAAP net sales of $896 million, essentially flat year-over-year, with a 1% decline in volume offset by pricing actions [6] - The Protective segment experienced a 3% decrease in sales, driven by lower volume and price declines [7] - Adjusted EBITDA margin in the Food segment improved to 23.4%, while the Protective segment's margin dropped to 17.8% [6][7] Strategic Initiatives - The CTO2Grow program aims for substantial annual savings and has contributed to improved operating leverage and lower interest expenses [5][11] - The company holds over 2,400 patents and 2,200 trademarks, reinforcing its commitment to packaging innovation [10] Sustainability and Future Outlook - Sustainability remains a key focus, with efforts directed towards recyclable and renewable materials, although no measurable progress was reported in the quarter [11] - Management's guidance for full-year 2025 includes net sales between $5.1 billion and $5.5 billion, adjusted EBITDA between $1,075 million and $1,175 million, and adjusted EPS between $2.90 and $3.30 [12]