WRK - Earnings announcements

First Quarter 2025 Results Delivered Q1 results in-line with expectations and reaffirms fiscal 2025 outlook Revenue of $684 million, as expected Operating Income of $30 million increased 2% sequentially versus Q4 2024 and Operating Margin of 4.4% was flat sequentially Adjusted EBITDA of $81 million, as expected, increased 0.9% sequentially versus Q4 2024 and Adjusted EBITDA margin of 11.9% increased 10 basis points sequentially Voluntarily prepaid $20 million of term loan debt during the quarter Vestis Corporation (NYSE:VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the first quarter ended December 27, 2024 and reiterated its

WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal second quarter ended March 31, 2024. Second Quarter Highlights and other notable items: Net sales of $4.73 billion Net income of $16 million, Adjusted Net Income of $101 million; net income included $81 million of restructuring and other costs, net Earnings of $0.06 per diluted share ("EPS") and Adjusted EPS of $0.39 Consolidated Adjusted EBITDA of $618 million Consumer Packaging Adjusted EBITDA margin increased 70 bps to 18.0% Achieved over $160 million in cost savings; expect to significantly exceed previously announced fiscal 2024 target

WestRock Company (NYSE:WRK) today announced that it will release fiscal 2024 second quarter results before the market opens on Thursday, May 2, 2024. Due to the proposed business combination with Smurfit Kappa Group plc, WestRock will not host a conference call. A press release, a slide presentation and other relevant financial and statistical information will be accessible on the Investors section of WestRock's website at ir.westrock.com. About WestRock WestRock (NYSE:WRK) partners with our customers to provide sustainable paper and packaging solutions that help them win in the marketplace. WestRock's team members support customers around the world from locations spanning North Ame

WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2023. First Quarter Highlights and other notable items: Net sales of $4.6 billion; Corrugated Packaging segment sales increased 3.5% compared to the prior year quarter Global Paper containerboard shipments increased 21.9% compared to the prior year quarter Net loss of $22 million, Adjusted Net Income of $51 million; net loss included $66 million of restructuring and other costs, net Loss of $0.09 per diluted share ("EPS") and earned $0.20 of Adjusted EPS Consolidated Adjusted EBITDA of $571 million Consumer

WestRock Company (NYSE:WRK) today announced that it will release fiscal 2024 first quarter results before the market opens on Thursday, February 1, 2024. Due to the proposed business combination with Smurfit Kappa Group plc, WestRock will not host a conference call. The press release, a slide presentation and other relevant financial and statistical information will be accessible on the Investors section of WestRock's website at ir.westrock.com. About WestRock WestRock (NYSE:WRK) partners with our customers to provide sustainable paper and packaging solutions that help them win in the marketplace. WestRock's team members support customers around the world from locations spanning Nor

WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal fourth quarter and year ended September 30, 2023. Fourth Quarter Highlights and other notable items: Net sales of $5.0 billion Net income of $110 million, Adjusted Net Income of $210 million; net income included $344 million ($239 million of which was non-cash) of restructuring and other costs, net and a $239 million gain on sale of the Company's interior partitions converting operations and Chattanooga, Tennessee uncoated recycled paperboard mill Earned $0.43 per diluted share ("EPS") and $0.81 of Adjusted EPS Consolidated Adjusted EBITDA of $73

Reiterates Fiscal 2023 Guidance CFO Transition Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, and Icy Breeze today announced that Somer Webb, Chief Financial Officer ("CFO"), has notified the Company of her intent to pursue other opportunities. Ms. Webb will remain with the Company until December 10, 2023. The Company has engaged an executive search firm to assist in identifying her successor. The Company has also announced Andrea Tarbox will assume the role of Interim CFO beginning on December 10, 2023. Ms. Tarbox serves on the board of directors of Solo Brands and chairs the audit commit

WestRock Company (NYSE:WRK) today announced that it will release fourth quarter and full year fiscal 2023 results before the market opens on Thursday, November 9, 2023. Due to the proposed business combination with Smurfit Kappa Group plc, WestRock will not host a conference call. The press release, a slide presentation and other relevant financial and statistical information will be accessible on the Investors section of WestRock's website at ir.westrock.com. About WestRock WestRock (NYSE:WRK) partners with our customers to provide sustainable paper and packaging solutions that help them win in the marketplace. WestRock's team members support customers around the world from locatio

WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal third quarter ended June 30, 2023. Third Quarter Highlights and other notable items: Net sales of $5.121 billion Net income of $202 million, Adjusted Net Income of $229 million Earned $0.79 per diluted share ("EPS") and $0.89 of Adjusted EPS Consolidated Adjusted EBITDA of $802 million; Corrugated Packaging segment Adjusted EBITDA increased 11.6% year-over-year Results negatively impacted by $89 million due to economic downtime and a $39 million increase in non-cash pension costs year-over-year; WestRock's U.S. qualified and non-qualified pens

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss third quarter fiscal 2023 results, as well as other topics, on Thursday, August 3, 2023, at 8:30 a.m. ET. A press release detailing the Company's third quarter fiscal 2023 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock's website at ir.westrock.com. An online replay will be available at the same site shortly after the webcast is complete. Investors who wish to participate in the webcast via teleco

WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal second quarter ended March 31, 2023. Second Quarter Highlights and other notable items: Net sales of $5.3 billion Net loss of $2.0 billion, included a $1.9 billion pre-tax, non-cash goodwill impairment and $445 million of pre-tax restructuring and other costs; Adjusted Net Income of $198 million Simplifying our portfolio to streamline our business, improve performance and deliver best-in-class returns Consolidated Adjusted EBITDA of $789 million; Corrugated Packaging and Consumer Packaging segments Adjusted EBITDA increased 24.0% and 6.2% year-ov

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss second quarter fiscal 2023 results, as well as other topics, on Thursday, May 4, 2023, at 8:30 a.m. ET. A press release detailing the Company's second quarter fiscal 2023 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information will be accessible on the Investors section of WestRock's website at ir.westrock.com. An online replay will be available at the same site shortly after the webcast is complete. Investors who wish to participate in the webcast via teleconfer

WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2022. First Quarter Highlights and other notable items: Net sales of $4.9 billion comparable year-over-year Net income of $45 million, Adjusted Net Income of $141 million Consolidated Adjusted EBITDA of $652 million, Corrugated Packaging and Consumer Packaging segments delivered strong performance and Adjusted EBITDA increased 7.0% and 8.3% year-over-year, respectively Results in the current year impacted by $119 million due to economic downtime and weather disruptions; additionally, non-cash pension costs increased $4

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss first quarter fiscal 2023 results, as well as other topics, on Wednesday, February 1, 2023, at 8:30 am ET. A press release detailing the Company's first quarter fiscal 2023 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock's website at ir.westrock.com. The webcast and presentation will also be archived on ir.westrock.com. Investors who wish to participate in the webcast via teleconference should dial

WestRock Company (NYSE:WRK) today announced it has completed the acquisition of the remaining interest in Grupo Gondi for $970 million plus the assumption of debt. The transaction is immediately accretive to earnings, subject to customary purchase price allocations. The acquisition of Grupo Gondi includes four paper mills, nine corrugated packaging plants and six high graphic plants throughout Mexico that produce sustainable packaging for a wide range of end markets in the region. This acquisition will enhance the Company's leading position in the growing Latin American containerboard, paperboard and consumer and corrugated packaging markets. "We are pleased to welcome the Grupo Gondi tea

WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal fourth quarter and year ended September 30, 2022. Fourth Quarter Highlights and other notable items: Record fourth quarter net sales of $5.4 billion increased 6.1% year-over-year Net income of $345 million increased $21 million year-over-year, or 6.4%. Adjusted Net Income of $366 million increased $34 million year-over-year, growing 10.4% Record fourth quarter Consolidated Adjusted EBITDA of $920 million increased 4.8% year-over-year Earned $1.34 per diluted share ("EPS") and $1.43 of Adjusted EPS compared year-over-year to $1.20 and $1.23, respective

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss fourth quarter fiscal 2022 results, as well as other topics, on Thursday, November 10, 2022, at 8:30 am ET. A press release detailing the Company's fourth quarter fiscal 2022 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock's website at ir.westrock.com. The webcast and presentation will also be archived on ir.westrock.com. Investors who wish to participate in the webcast via teleconference should dia

Record quarterly net sales of $5.5 billion increased 14.6% year-over-year Net income of $378 million increased $128 million year-over-year, or 51.1%. Adjusted Net Income of $396 million increased $128 million year-over-year, growing 47.6% Record Consolidated Adjusted EBITDA of $1.006 billion increased 24.0% year-over-year Earned $1.47 per diluted share ("EPS") and Adjusted EPS of $1.54, compared year-over-year to $0.93 and $1.00, respectively, increasing 58.1% and 54.0%, respectively Net leverage ratio within targeted range WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal third quarter ended June

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss third quarter fiscal 2022 results, as well as other topics, on Thursday, August 4, 2022, at 8:30 a.m. EDT. A press release detailing the Company's third quarter fiscal 2022 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock's website at ir.westrock.com. The webcast and presentation will also be archived on ir.westrock.com. Investors who wish to participate in the webcast via teleconference should dial

Record quarterly net sales of $5.4 billion increased 21.3% year-over-year Net income of $40 million declined $73 million year-over-year, or 64.5%. Adjusted Net Income of $309 million increased $164 million year-over-year, growing 112.9% Net income in the second quarter of fiscal 2022 was impacted by $363 million of pre-tax restructuring and other costs ($321 million of which was non-cash), or $1.04 per diluted share, primarily associated with the previously announced closure of the Panama City, Florida paper mill Record second quarter Consolidated Adjusted EBITDA of $854 million increased 33.3% year-over-year Earned $0.15 per diluted share ("EPS") and Adjusted EPS of $1.17, compa

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss second quarter fiscal 2022 results, as well as other topics, on Thursday, May 5, 2022, at 8:30 am ET. A press release detailing the Company's second quarter fiscal 2022 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock's website at ir.westrock.com. The webcast and presentation will also be archived on ir.westrock.com. Investors who wish to participate in the webcast via teleconference should dial 877-

Record first quarter net sales of $5.0 billion increased 12.5% year-over-year Net income of $182 million increased 19.9% year-over-year Consolidated Adjusted EBITDA of $680 million increased 1.6% year-over-year Earned $0.68 per diluted share ("EPS") and Adjusted EPS of $0.65, up 19.3% and 6.6%, respectively WestRock Company (NYSE:WRK), a leading provider of differentiated, sustainable paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2021. "I am pleased with our strong performance during the first quarter of fiscal 2022, in which our teams delivered record first quarter sales and double-digit EPS growth while navigating the cont

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss first quarter fiscal 2022 results, as well as other topics, on Thursday, February 3, 2022, at 8:30 am ET. A press release detailing the Company's first quarter fiscal 2022 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock's website at ir.westrock.com. The webcast and presentation will also be archived on ir.westrock.com. Investors who wish to participate in the webcast via teleconference should dial 8

WestRock Company (NYSE:WRK), a leading provider of differentiated, sustainable paper and packaging solutions, today announced results for its fiscal fourth quarter and year ended September 30, 2021. Notable items in the fourth quarter include: Record net sales of $5.1 billion increased 14% compared to $4.5 billion in the prior year quarter Net income of $324 million compared to a net loss of $1,156 million in the prior year quarter, which included a $1,314 million goodwill impairment net of tax Adjusted Segment EBITDA of $878 million increased 22% compared to $721 million in the prior year quarter Earned $1.20 per diluted share and $1.23 of Adjusted Earnings Per Diluted Share compa

WestRock Company (NYSE:WRK) today announced that it will host a conference call to discuss fourth quarter fiscal 2021 results, as well as other topics, on Tuesday, November 9, 2021, at 8:30 am ET. A press release detailing the Company's fourth quarter fiscal 2021 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock's website at ir.westrock.com. The webcast and presentation will also be archived on ir.westrock.com. Investors who wish to participate in the webcast via teleconference should dial

WestRock Company (NYSE:WRK), a leading provider of differentiated, sustainable paper and packaging solutions, today announced results for its fiscal third quarter ended June 30, 2021. Notable items in the third quarter include: Record net sales of $4.8 billion increased 14% compared to the prior year quarter Net income of $250 million increased 40% compared to $179 million in the prior year quarter Adjusted Segment EBITDA of $811 million increased 15% compared to $708 million in the prior year quarter Earned $0.93 per diluted share and $1.00 of Adjusted Earnings Per Diluted Share, an increase of 35% and 32%, respectively, compared to $0.69 per diluted share and $0.76 of Adjusted Ea