Graphic Packaging Falls on Lowered Full-Year Outlook Amid Cost Cuts

Dow Jones
2025/12/10
 

By Elias Schisgall

 

Shares of Graphic Packaging slipped after the consumer-packaging company trimmed its outlook for the year amid cost-cutting efforts.

The stock was down 7%, to $14.49, midday Tuesday and has fallen 47% in the past year.

Graphic Packaging on Monday cut its full-year outlook for adjusted earnings per share to between $1.75 and $1.95 a share, down from a range of $1.80 to $2.00 a share. The company didn't change its projections for sales and free cash flow.

The company said it would incur about $20 million in charges relating to severance costs and other one-time charges as it looks to cut expenses. It said it expects $60 million in savings in 2026 as a result of the measures.

Graphic Packing also said that it would likely see an additional $15 million decline in operating results for the current fourth quarter as a result of an acceleration in inventory-reduction efforts, on top of an initial $15 million dip announced during the third-quarter earnings call.

The Atlanta company named Robbert Rietbroek as its next president and chief executive officer beginning in January, succeeding Michael Doss, who mutually agreed with the board of directors to step down at year-end.

Rietbroek most recently served as CEO of Primo Brands.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

December 09, 2025 12:41 ET (17:41 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10