O-I Glass, Inc. /DE/

O-I Glass, Inc. announced an organizational change resulting in Emmanuelle Guérin's immediate departure as Senior Vice President, Business Operations Europe. Ms. Guérin will remain a non-executive employee on garden leave, receiving her salary and benefits until her employment officially terminates on September 30, 2026. She will also be eligible for severance payments and benefits according to the company's executive severance policy.

O-I Glass, Inc. has scheduled its second quarter 2026 conference call and webcast for Wednesday, July 29, 2026, at 8 a.m. EDT. The company's earnings news release for the second quarter will be issued after the market closes on Tuesday, July 28, 2026. Earnings presentation materials will also be available on the company's investor relations website.

O-I Glass, Inc. announced that its CEO and CFO will present at the Wells Fargo 16th Annual Industrials and Materials Conference on June 10, 2026. The company reaffirmed its full-year 2026 adjusted EBITDA guidance of $1,125M to $1,225M and adjusted EPS guidance of $1.00 to $1.50 per share. While 2Q26 is expected to account for a lower portion of annual EPS due to softer demand, initial signs of improvement were noted in June, and the company's 'Fit To Win' initiative is ahead of schedule, driving fundamental improvements and supporting future profitable growth.

O-I Glass, Inc. announced its participation in the Wells Fargo 16th Annual Industrials and Materials Conference. CEO Gordon Hardie and CFO John Haudrich are scheduled to present on Wednesday, June 10, 2026, at 11:00 a.m. CT. A live webcast of the presentation will be accessible through Summitcast and the company's Investor Relations website, with a replay available for 90 days.

Owens-Brockway Glass Container Inc. (OBGC), an indirect wholly owned subsidiary of O-I Glass, Inc., completed a private offering of $500 million aggregate principal amount of 9.500% Senior Notes due 2033. The Notes were offered to eligible purchasers under Rule 144A and Regulation S. Owens-Illinois Group, Inc. and certain U.S. domestic subsidiaries of OI Group fully and unconditionally guarantee the Notes.

O-I Glass, Inc.'s indirect wholly owned subsidiary, Owens-Brockway Glass Container Inc. (OBGC), priced a private offering of $500 million aggregate principal amount of 9.500% senior notes due 2033. The net proceeds, approximately $495 million, will be used to redeem all of OBGC's outstanding 6.625% Senior Notes due 2027. The offering is expected to close on May 18, 2026, subject to customary closing conditions.

O-I Glass, Inc. announced that its indirect wholly owned subsidiary, Owens-Brockway Glass Container Inc. (OBGC), plans to offer $500 million in senior notes due 2033 through a private offering. The proceeds from this offering, combined with funds from the company's revolving credit facility and cash on hand, will be used to redeem OBGC's outstanding 6.625% Senior Notes due 2027. The new notes will be guaranteed by Owens-Illinois Group, Inc. and certain U.S. domestic subsidiaries.

O-I Glass, Inc. reported a significant increase in net loss attributable to the Company, reaching $(73) million in Q1 2026, up from $(16) million in Q1 2025. Net sales decreased by 1.7% to $1,540 million, and gross profit saw a substantial decline of 28.9%. The company also experienced a considerable increase in cash utilized in operating activities and a sharp decrease in cash and cash equivalents.

O-I Glass, Inc. reported first-quarter 2026 results with adjusted EPS of $0.05, significantly down from $0.40 in the prior year, and a net loss per share of $0.48. Net sales were $1.54 billion, a slight decrease. Performance fell short of expectations, particularly in Europe, where segment operating profit was breakeven due to higher energy costs and price competition. The Americas segment remained stable. The company revised its full-year 2026 guidance downwards, primarily reflecting incremental energy-cost inflation and net price pressure in Europe, despite strong energy management practices.

O-I Glass, Inc. announced its financial results for the first quarter ended March 31, 2026, on April 28, 2026. The company also scheduled a conference call for Wednesday, April 29, 2026, at 8:00 a.m. ET, where CEO Gordon Hardie and CFO John Haudrich will discuss the latest results. Investors can access a live webcast, presentation materials, and a one-year replay on the O-I website.