GREIF, INC

Greif, Inc. reported strong fiscal third-quarter 2026 results, with net income increasing 156.7% to $78.8 million and Adjusted EBITDA rising 24.7% to $183.4 million. The company significantly strengthened its balance sheet, reducing total debt by $1.69 billion and lowering its leverage ratio to 1.1x. Strategic actions included a 10.7% dividend increase, the announcement of a new $150 million share repurchase plan, and the acquisition of Envaplast to expand its polymer solutions business. Greif also achieved its $90 million cost optimization target early and reaffirmed its fiscal 2026 Adjusted EBITDA guidance range of $615 million to $635 million.

Greif, Inc. reported a strong third quarter for 2026, with net income attributable to the company increasing 42% to $77.8 million and net sales rising 3.5% to $1,165.6 million. Basic EPS for Class A common stock from continuing operations significantly grew to $1.39. The company also completed the Soterra Divestiture, realizing a $216.2 million gain, and the Containerboard Business Divestiture for $1,804.7 million. Additionally, Greif acquired Envaplast for $61.7 million, expanding its polymer container business.

Greif, Inc. announced strong fiscal third quarter 2026 results, with net income from continuing operations increasing 156.7% to $78.8 million and Adjusted EBITDA rising 24.7% to $183.4 million. The company significantly reduced its total debt by $1,686.6 million to $1,030.4 million, lowering its leverage ratio to 1.1x. Strategic actions include a 10.7% increase in the quarterly dividend, plans for share repurchases, achieving $90 million in cost savings, and completing the acquisition of Envaplast.

Greif, Inc. announced it will release its third quarter 2026 financial results after the market closes on Tuesday, July 28, 2026. The company will host a conference call on Wednesday, July 29, 2026, at 8:00 a.m. ET to discuss the results. Conference call slides will be made available in conjunction with the earnings press release, and a digital replay will be accessible on Greif's investor relations website.

Greif, Inc. has been recognized as a Most Loved Workplace® for the fourth consecutive year, reflecting its sustained focus on creating a thriving workplace culture. The company's leadership attributes this achievement to its global colleagues and their commitment to "The Greif Way," emphasizing safety, respect, integrity, service, and care. This recognition is based on BPI's research into employee satisfaction and workplace culture, highlighting Greif's dedication to a positive colleague experience.

Greif, Inc. announced its Board of Directors declared quarterly cash dividends of $0.62 per share on its Class A Common Stock and $0.93 per share on its Class B Common Stock. This represents a 10.7% increase, reflecting the company's continued strong free cash flow generation, strengthened balance sheet, and confidence in long-term earnings power. Greif remains committed to a disciplined capital allocation approach, including maintaining leverage below 2.0x, investing in organic growth, executing opportunistic share repurchases, and returning cash to shareholders.

Greif, Inc.'s U.S. subsidiaries amended and restated their receivables financing facility on May 11, 2026. The new Fourth Amended and Restated Transfer and Administration Agreement provides for a $200 million Receivables Facility with PNC Bank, National Association. This facility replaces the previous $275 million facility with Bank of America, N.A., which was terminated without material penalty, with proceeds used for existing obligations and working capital.

Greif, Inc. reported fiscal second quarter 2026 results with adjusted EBITDA increasing 7.5% to $156.8 million and adjusted diluted Class A EPS rising 57.5% to $1.10, despite a 32.3% decrease in GAAP net income to $12.6 million. The company significantly strengthened its financial position, reducing total debt by $1.77 billion and improving its leverage ratio to 1.1x, primarily due to divestments. However, Greif lowered its fiscal 2026 Adjusted EBITDA guidance to $610 million, citing ongoing softness in industrial demand and disruptive impacts from the Middle East conflict.

GREIF, INC. reported Q1 2026 net income of $12.6 million, or $0.22 basic EPS for Class A common stock, a decrease from Q1 2025. However, for the six months ended March 31, 2026, net income attributable to Greif, Inc. surged to $187.2 million, or $3.28 basic EPS for Class A, significantly up from the prior year. This increase was primarily driven by a $216.2 million gain from the Soterra land management assets divestiture. The company also completed the Containerboard Business divestiture and refinanced its debt through new 2026 Credit Agreements.

Greif, Inc. reported fiscal second quarter 2026 results for its continuing operations, with Adjusted EBITDA increasing 7.5% to $156.8 million and adjusted net income rising 57.5% to $62.7 million. The company significantly strengthened its financial position, reducing total debt by $1.77 billion and lowering its leverage ratio to 1.1x. Greif also completed a $150 million share repurchase program and refinanced long-term debt at favorable rates. CEO Ole Rosgaard noted a resilient quarter despite a soft industrial environment, emphasizing strong execution and a structurally stronger cash generation profile.