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Greif registers growth in fiscal first quarter profit
Yahoo Finance· 2026-01-29 10:36
Greif has reported a net income of $176.6m, or $3.00 per share, for the fiscal first quarter (Q1) 2026, up from $6.6m, or $0.13 per share, for the same period last year. Excluding adjustments, net income climbed to $26.6m, or $0.48 per share, marking a year-on-year rise of 146.3%. The company cited advancements in managing manufacturing expenses and reductions in selling, general and administrative costs as key factors, recording $65m in annualised cost savings so far out of a targeted $120m. Adjusted ...