Core Viewpoint - Greif aims to double its market capitalization and share price by adopting a holistic approach to business value creation, focusing on strategic changes and operational efficiency [1][3]. Business Performance - Greif reported net sales of $994.8 million for the first quarter of its fiscal year, reflecting a 2.2% decline due to broader economic conditions [2]. - The company is optimistic about exceeding last year's performance, with expectations of growth if market conditions improve [3]. Strategic Changes - Under CEO Ole Rosgaard, Greif has undergone significant restructuring, including divestitures, closures, and workforce reductions, to enhance operational efficiency [3][10]. - The company plans to sell its timberland, which has generated approximately $9 million in EBITDA annually, to reduce debt and save on interest costs [4][5]. Market Positioning - Greif seeks to redefine its identity beyond being perceived as a paper company, aiming to be a leader in premium packaging [6][12]. - The company faces competition from larger containerboard firms and recognizes the need to adapt to a shrinking customer base [7][8]. Organizational Structure - Greif has restructured its strategic business units (SBUs) to focus on manufacturing technologies rather than regional operations, enhancing depth in product expertise [14][15]. - A new commercial function has been established to streamline sales efforts across the entire product portfolio, improving customer engagement [16]. Economic Outlook - The company operates in a challenging recessionary environment, with no immediate signs of recovery anticipated in 2026 [17][18]. - Greif is focused on long-term strategies rather than short-term responses to economic fluctuations, emphasizing sustainable growth [21][23]. Employee Engagement - Despite workforce reductions, Greif has received recognition for employee engagement and is committed to transparent communication regarding strategic changes [24][26]. - The leadership emphasizes the importance of maintaining morale and respect for employees during transitions [25]. Future Prospects - Greif is excited about the potential for growth and operational readiness, likening the company to a finely tuned machine [27][28].

Core Insights - Amcor reported $5.45 billion in revenue for the quarter ended December 2025, marking a year-over-year increase of 68.1% [1] - The EPS for the same period was $0.86, compared to $0.80 a year ago, indicating a positive growth trend [1] - The revenue reported was a slight miss of -1.75% compared to the Zacks Consensus Estimate of $5.55 billion, while the EPS exceeded the consensus estimate of $0.83 by +3.61% [1] Revenue Performance - Net Sales for Flexible Packaging reached $3.19 billion, slightly above the three-analyst average estimate of $3.18 billion, reflecting a year-over-year change of +27% [4] - Net Sales for Rigid Packaging was reported at $2.26 billion, which was below the estimated $2.32 billion, but showed a significant year-over-year increase of +210.1% [4] Profitability Metrics - Adjusted EBIT for Rigid Packaging was $228 million, compared to the average estimate of $241.92 million from three analysts [4] - Adjusted EBIT for Flexible Packaging was reported at $402 million, slightly below the average estimate of $409.65 million [4] Stock Performance - Amcor's shares have returned +3.4% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

SolutionsGlobal Rigid Packaging SolutionsOtherTotalGlobal Flexible Packaging SolutionsGlobal Rigid Packaging SolutionsOtherTotalNet income attributable to Amcor163177Net income attributable to non- controlling interests4—Tax expense583Interest expense, net72154EBIT25962(24)297250137(53)334Impact of hyperinflation—3—313—4Restructuring, integration and related expenses, net(1)23——23702516112Transaction costs——1010—156Other3(14)1(10)6(7)43Amortization of acquired intangibles(2)37214075681144Adjusted EBIT32253( ...

Company Overview - Silgan Holdings is a leading global supplier of rigid packaging solutions with a diversified product portfolio and a strong presence in the consumer goods sector [6] - The company generates revenue primarily through the sale of packaging products across three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers [9] - As of February 2, 2026, Silgan's market capitalization is $4.73 billion, with a revenue of $6.43 billion and a net income of $315.27 million [4] Recent Developments - Bernzott Capital Advisors purchased 71,353 shares of Silgan Holdings during the fourth quarter of 2025, with an estimated transaction value of $2.90 million [1] - This purchase increased Silgan's position to 3.9% of Bernzott's 13F reportable assets under management [2] - Silgan shares were priced at $43.19 as of February 2, 2026, reflecting a 19.86% decline from the previous year and underperforming the S&P 500 by 35 percentage points [3] Investment Insights - Silgan has outperformed the S&P 500's total returns from 2006 to 2025, rising over 700% during that period [10] - Despite a drop of over 20% in the last year, Bernzott appears to view this as a "buy-the-dip" opportunity [10] - The company has a strategic focus on innovation and customer relationships, positioning it as a key partner for major consumer brands worldwide [6]

Market Overview - The global food packaging market is projected to grow from USD 421.38 billion in 2025 to USD 548.51 billion by 2030, reflecting a CAGR of 5.4% driven by changing consumer habits, sustainability demands, and packaging innovations [1] Industry Drivers - The demand for convenience and processed foods is a major factor driving the food packaging industry, as urban lifestyles evolve and consumers seek quick and safe meal solutions [3] - E-commerce and food delivery platforms are reshaping packaging priorities, emphasizing durability, hygiene, shock resistance, and spill-proof designs [3] Packaging Segments - Rigid packaging remains essential due to its strength and reliability, with innovations like lightweighting and recyclable rigid polymers helping brands meet sustainability goals [4] - Bottles continue to dominate the food packaging sector, offering flexibility and resealability, with advancements in barrier coatings enhancing their performance [5] Regional Insights - Europe is a leader in the food packaging industry, known for its advanced manufacturing ecosystem and strict regulatory frameworks that set high standards for safety and sustainability [9] - The Asia Pacific region is the fastest-growing market, with China as the largest market and India as the fastest-growing, driven by changing lifestyles and increasing disposable income [10] Key Players - Major companies in the food packaging industry include Amcor Plc, Sealed Air, Mondi, Tetra Pak, and others, which are heavily investing in innovation and sustainable practices [11] Future Trends - The next five years will favor companies that embrace innovation, design for circularity, and align packaging with evolving lifestyle and environmental trends [12] - There is a growing focus on sustainable biobased polymers, tamper-evident closures, and lightweight designs to meet consumer expectations [13][14]

Core Insights - Amcor's Q1 performance indicates strong earnings and free cash flow growth for fiscal year 2026, with adjusted EPS projected between 80 to 83 cents, reflecting a 12-17% growth in constant currency [2][21] - The integration of Amcor and Berry Global is progressing well, with significant synergies expected to enhance operational efficiency and profitability [3][11] Financial Performance - For the three months ended September 30, 2025, Amcor reported net sales of $5,745 million, a 68% increase compared to the previous year, driven by the acquisition of Berry Global [8][13] - Adjusted EPS for the same period was 19.3 cents, an 18% increase year-over-year, supported by disciplined cost management and synergy realization [3][8] - Free cash flow for the quarter was a cash outflow of $343 million, aligning with expectations after accounting for acquisition-related costs [21] Segment Analysis - The Global Flexible Packaging Solutions segment achieved net sales of $3,257 million, a 25% increase on a constant currency basis, with adjusted EBIT of $426 million, reflecting a 28% increase [17][18] - The Global Rigid Packaging Solutions segment saw net sales of $2,488 million, a 205% increase year-over-year, with adjusted EBIT of $295 million, up 365% [19][20] Synergy and Integration - Amcor anticipates realizing at least $260 million in pre-tax synergy benefits in fiscal 2026, contributing to an expected EPS accretion of 12% [11][21] - The company is on track to achieve total identified synergies of $650 million by the end of fiscal 2028, which is expected to drive over 30% EPS growth over three years [4][9] Shareholder Returns - The Board has declared an increased quarterly cash dividend of 13.0 cents per share, reflecting confidence in Amcor's growth prospects and cash flow generation capabilities [12][21]

Leadership Transition - Michael Casamento will leave Amcor to return to Australia, remaining in an advisory role until June 30, 2026, to support the transition [1][3] - Stephen R. Scherger has been appointed as the new Executive Vice President and Chief Financial Officer, effective November 10, 2025 [1][3] Executive Background - Stephen R. Scherger has over 30 years of experience in finance, operations, and strategy within the packaging industry, previously serving as CFO of Graphic Packaging [2][5] - Under Scherger's leadership, Graphic Packaging's net sales more than doubled to nearly $9 billion, and net income nearly tripled during his tenure [2] Company Outlook - Amcor reaffirmed its fiscal year 2026 outlook, expecting Adjusted EPS of 80-83 cents per share, representing 12-17% constant currency growth, and Free Cash Flow of $1.8-1.9 billion [4] - For the first quarter of fiscal year 2026, Amcor anticipates Adjusted EPS to be within the previously announced range of 18-20 cents per share [4] CEO Comments - Amcor CEO Peter Konieczny expressed confidence in Scherger's ability to enhance growth and profitability, highlighting his industry experience and leadership style [3] - Konieczny thanked Casamento for his decade of service, noting that Amcor is well-positioned following the successful combination with Berry Global [3] Company Profile - Amcor is a global leader in responsible consumer packaging and dispensing solutions, generating $23 billion in annualized sales from operations across over 400 locations in more than 40 countries [6]

Core Insights - Amcor reported $5.08 billion in revenue for the quarter ended June 2025, marking a year-over-year increase of 43.8% [1] - The EPS for the same period was $0.20, slightly down from $0.21 a year ago [1] - Revenue fell short of the Zacks Consensus Estimate of $5.17 billion, resulting in a surprise of -1.76% [1] - The company experienced an EPS surprise of -4.76%, with the consensus EPS estimate being $0.21 [1] Financial Performance Metrics - Net Sales for Flexible Packaging reached $3.21 billion, exceeding the two-analyst average estimate of $2.71 billion, representing a year-over-year change of +19.3% [4] - Net Sales for Rigid Packaging amounted to $1.88 billion, significantly surpassing the $765.86 million average estimate, with a year-over-year change of +121.1% [4] - Adjusted EBIT for Flexibles was reported at $450 million, compared to the average estimate of $410.01 million [4] - Adjusted EBIT for Rigid Packaging was $204 million, exceeding the average estimate of $68.86 million [4] - Corporate expenses showed an adjusted EBIT of -$43 million, compared to the average estimate of -$29.78 million [4] Stock Performance - Amcor's shares have returned +5.1% over the past month, outperforming the Zacks S&P 500 composite's +3.5% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Group 1 - The upcoming earnings report from Amcor (AMCR) is expected to show quarterly earnings of $0.21 per share, indicating no change from the previous year, with revenues forecasted at $5.17 billion, representing a 46.3% year-over-year increase [1] - Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.4%, reflecting analysts' reassessment of their initial projections [1] - Analysts predict 'Net Sales- Flexible' at $2.71 billion, a change of +0.9% from the prior-year quarter, while 'Net Sales- Rigid Packaging' is expected to be $765.86 million, indicating a -9.8% year-over-year change [4] Group 2 - The consensus estimate for 'Adjusted EBIT- Flexibles' is $410.01 million, compared to $403.00 million reported in the same quarter last year [4] - 'Adjusted EBIT- Rigid Packaging' is forecasted to reach $68.86 million, down from $75.00 million in the same quarter of the previous year [5] - Over the past month, Amcor shares have returned +0.1%, while the Zacks S&P 500 composite has changed by +2.7%, with AMCR currently holding a Zacks Rank 4 (Sell) [5]

Core Insights - Amcor reported $3.33 billion in revenue for the quarter ended March 2025, reflecting a year-over-year decline of 2.3% [1] - The EPS for the same period was $0.18, unchanged from a year ago, with no EPS surprise against the consensus estimate [1] - The reported revenue was a surprise of -4.37% compared to the Zacks Consensus Estimate of $3.49 billion [1] Financial Performance Metrics - Rigid Packaging net sales were $728 million, falling short of the $795.13 million average estimate, representing a year-over-year decline of 10.5% [4] - Flexible net sales reached $2.61 billion, slightly below the $2.67 billion estimate, with a year-over-year increase of 0.3% [4] - Adjusted EBIT for Flexibles was $357 million, compared to the average estimate of $372.48 million [4] - Adjusted EBIT for Corporate expenses was -$28 million, better than the average estimate of -$31.37 million [4] - Adjusted EBIT for Rigid Packaging was $55 million, below the average estimate of $69.01 million [4] Stock Performance - Amcor shares have returned -4.9% over the past month, contrasting with the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]