Sealed Air

Sealed Air Corp. engages in the provision of food safety and security, facility hygiene, and product protection services. It operates through the Food segment and Protective segments. The Food segment services perishable food processors in fresh red meat, smoked and processed meat, poultry, seafood, plant-based, and dairy markets. The Protective segment offers packaging solutions that are utilized across global markets and are valuable to e-Commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing. The company was founded by Alfred W. Fielding and Marc Chavannes in 1960 and is headquartered in Charlotte, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sealed Air reports mixed Q4 results, eyes growth with Liquibox

Sealed Air (SEE) navigated challenges in Q4 with a focus on automation and digital solutions for growth.
Strong performance in automation sales and the Liquibox acquisition position the company for significant sales growth.
While facing challenges in certain segments, SEE is optimistic about opportunities for growth and margin improvement.
Confidence in achieving 2023 guidance, driven by digital initiatives, cost management, and strategic acquisitions.

Sealed Air (SEE) reports Q1 decline, eyes online growth

Sealed Air (SEE) faces challenges from inflation and material availability but is strategically positioned for growth through online sales and acquisitions.
The company's focus on automation and customer-first solutions presents opportunities for driving growth and addressing customer needs.
Despite Q1 performance challenges, Sealed Air remains optimistic about future growth opportunities and cost efficiencies.
Analysts' questions highlighted concerns around volume trends, recession impact, and margin performance, indicating areas for further improvement.

Sealed Air reports Q2 results, focuses on growth and challenges

Sealed Air's Q2 2023 earnings call highlighted a mixed performance with declines in some segments but growth in others. The company is focused on driving growth through automation, digital solutions, and sustainability initiatives.
Challenges include volume dynamics, operational issues in Liquibox, and the need to restore earnings. Sealed Air is optimistic about future opportunities and remains committed to its growth and cost-saving strategies.
The company's emphasis on growth pillars, cost savings, and operational improvements underscores its strategic direction. Sealed Air's performance in Q2 reflects a balancing act between challenges and opportunities in the packaging solutions market.

SEE reports Q3 challenges, emphasizes cost efficiency, and eyes opportunities

SEE's Q3 performance reflects challenges in end markets and pricing pressures, with a focus on cost efficiency and shareholder value. The company is confident in its competitive advantage in the Food segment and is optimistic about future opportunities. Challenges include pricing pressures, cost reduction, and limited visibility for 2024, while opportunities lie in broadening the scope of the rollstock business and addressing challenges in the Food segment.

Sealed Air (SEE) exceeds 2023 guidance, focuses on innovation and sustainability

Sealed Air (SEE) delivered solid financial performance in Q4 2023 and exceeded full-year guidance. Focus on innovation, sustainability, and cost reduction initiatives to drive future growth. Challenges in volume declines and market pressures addressed with strategic initiatives and market relevance.

Sealed Air (SEE) reports strong Q1 performance amidst pricing challenges

Sealed Air's Q1 2024 earnings call showcased a strong performance with solid financial results and a focus on cost-saving initiatives. The company faces challenges in pricing and volume declines in the Protective segment but is actively addressing them. Opportunities in market trends and growth segments like Fluids and sustainability initiatives provide a positive outlook for the future.

Sealed Air reports Q3 results, reorganizes for growth and resilience

Sealed Air's Q3 performance reflects mixed results across segments, with a positive outlook for Q4 and raised guidance for EPS and free cash flow.
The company's strategic reorganization, new leadership, and focus on operational efficiency position it for future growth.
Challenges like soft volumes and external disruptions require proactive management to sustain momentum and profitability.
Opportunities in innovation, cost optimization, and leveraging the vertical structure can drive long-term value creation.

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Sealed Air Corp. engages in the provision of food safety and security, facility hygiene, and product protection services. It operates through the Food and Protective segments. The Food segment services perishable food processors in fresh red meat, smoked and processed meat, poultry, seafood, plant-based, and dairy markets. The Protective segment offers packaging solutions that are utilized across global markets and are valuable to e-Commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing. The company was founded by Alfred W. Fielding and Marc Chavannes in 1960 and is headquartered in Charlotte, NC.

CHARLOTTE, N.C., June 24, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced the total consideration (the "Total Consideration") relating to its previously announced cash tender offer (the "Tender Offer") for any and all of its 5.500% Senior Notes due 2025 (the "Notes") is $998.77 for each $1,000 principal amount of the Notes validly tendered and not validly withdrawn and accepted for purchase pursuant to the Tender Offer.

SEE Announces the Total Consideration for Its Offer to Purchase 5.500% Senior Notes Due 2025

CHARLOTTE, N.C. , June 17, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the "Issuers"), the pricing of the Issuers' offering of 6.500% senior notes due 2032 (the "Notes").

SEE Announces Pricing of Senior Notes

CHARLOTTE, N.C. , June 17, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the "Issuers"), that the Issuers commenced an offering of senior notes due 2032 (the "Notes").

SEE Announces Offering of Senior Notes

CHARLOTTE, N.C. , June 17, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced that it has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding 5.500% Senior Notes due 2025 (the "Notes").

SEE Announces Cash Tender Offer For Any and All 5.500% Senior Notes Due 2025

CHARLOTTE, N.C. , June 13, 2024 /PRNewswire/ -- SEE (NYSE: SEE) today announced that its Board of Directors has elected Patrick Kivits as its new Chief Executive Officer, following an extensive search process, effective July 1 st, 2024.

SEE Announces New CEO and Executive Promotions

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5 Packaging Stocks to Watch in a Challenging Industry

Sealed Air Corporation's topline is expected to continue contracting in 2024 due to market pressure and weak pricing. The company operates in the food and protective packaging segments, providing solutions to various industries. Despite challenges, the company's focus on developing new products and improving efficiency should drive long-term growth and margin expansion.

Sealed Air Corporation: Headwinds To Continue In Short Term, But Longer Term Looks Good

NEW YORK , May 23, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Sealed Air Corporation ("Sealed Air" or the "Company") (NYSE: SEE).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sealed Air Corporation - SEE

Review Sealed Air's (SEE) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.

Why Sealed Air (SEE) International Revenue Trends Deserve Your Attention

Sealed Air Corporation (NYSE:SEE ) Q1 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants Brian Sullivan - Executive Director, Investor Relations and Assistant Treasurer Emile Chammas - Interim Co-Chief Executive Officer and Chief Operating Officer Dustin Semach - Interim Co Chief Executive Officer and Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Securities Matt Roberts - Raymond James Jeff Zekauskas - JPMorgan Michael Roxland - Truist Securities Edlain Rodriguez - Mizuho Securities Gabe Hajde - Wells Fargo Adam Samuelson - Goldman Sachs Christopher Parkinson - Wolfe Research Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Phil Ng - Jefferies Operator Good day, and thank you for standing by. Welcome to the First Quarter 2024 Sealed Air Earnings Conference Call.

Sealed Air Corporation (SEE) Q1 2024 Earnings Call Transcript

Sealed Air (SEE) witnesses year-over-year improvement in its Q1 bottom line reflecting benefits from the cost take-out to grow program.

Sealed Air (SEE) Q1 Earnings Top Estimates, Increase Y/Y

Although the revenue and EPS for Sealed Air (SEE) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Sealed Air (SEE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

GREENWICH, Conn.--(BUSINESS WIRE)--Atlas Holdings (“Atlas”) announced today the sale of NPX One, a leading manufacturer and the second largest supplier of polystyrene trays for fresh protein in the U.S., to Breck Partners, a Dallas-based private equity firm. Terms of the transaction were not disclosed. Headquartered in Reading, PA with additional operations in Indianapolis, IN, NPX One manufactures packaging solutions that deliver critical food safety properties and maximize the shelf life of p.

Atlas Holdings Announces the Sale of NPX One

Sealed Air (SEE) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.74 per share a year ago.

Sealed Air (SEE) Tops Q1 Earnings and Revenue Estimates

Reaffirms 2024 Full Year Outlook Net sales of $1.33 billion, down 1% as reported and constant currency Volumes flat compared to the prior year Net earnings of $83 million, up 33% Adjusted EBITDA of $278 million, up 4% Earnings per share (Diluted) of $0.57, up 30% Adjusted EPS (Diluted) of $0.78, up 5% Cash flow from operations (YTD) of $125 million, up 141% Free cash flow (YTD) of $78 million versus ($13) million in the prior year CHARLOTTE, N.C. , May 2, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced financial results for Q1 2024.

SEE Reports Q1 2024 Results

Sealed Air's (SEE) Q1 results are likely to reflect the impacts of lower volumes, owing to recessionary pressures in the industrial and fulfillment market, and food market declines.

Sealed Air (SEE) to Report Q1 Earnings: What to Expect?

Sealed Air (SEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Sealed Air (SEE) Q1 Earnings Expected to Decline

NEW YORK, NY / ACCESSWIRE / April 16, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sealed Air Corporation ("Sealed Air Corporation") (NYSE:SEE) concerning possible violations of federal securities laws. Sealed Air Corp. dropped over 5% on April 3, 2024, after a presentation by Bleecker Street Research on the Company at the Sohn Investment Conference in New York City.

ATTENTION Sealed Air Corporation Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

NEW YORK, NY / ACCESSWIRE / April 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sealed Air Corporation ("Sealed Air Corporation") (NYSE:SEE) concerning possible violations of federal securities laws. Sealed Air Corp. dropped over 5% on April 3, 2024, after a presentation by Bleecker Street Research on the Company at the Sohn Investment Conference in New York City.

Levi & Korsinsky Reminds Shareholders of an Investigation into Sealed Air Corporation (SEE) Regarding Potential Securities Fraud Allegations

NEW YORK, NY / ACCESSWIRE / April 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sealed Air Corporation ("Sealed Air Corporation") (NYSE:SEE) concerning possible violations of federal securities laws. Sealed Air Corp. dropped over 5% on April 3, 2024, after a presentation by Bleecker Street Research on the Company at the Sohn Investment Conference in New York City.

Investors who lost money on Sealed Air Corporation should contact Levi & Korsinsky about an ongoing investigation - SEE

NEW YORK , April 12, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sealed Air Corporation ("Sealed Air" or the "Company") (NYSE: SEE). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: POMERANTZ LAW Firm Investigates Claims On Behalf of Investors of Sealed Air Corporation - SEE

CHARLOTTE, N.C. , April 2, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that it will release its first quarter 2024 results at approximately 7:00 a.m.

SEE to Hold Conference Call to Discuss First Quarter 2024 Results

CHARLOTTE, N.C, Feb. 29, 2024 /PRNewswire/ -- SEE (NYSE: SEE) will participate in the following event: 2024 Raymond James 45th Institutional Investors Conference – March 5, 2024, Orlando, FL 11:00 am ET – Fireside chat Emile Chammas, Interim Co-CEO and COO Dustin Semach, Interim Co-CEO and CFO Presentation will be webcast live. Interested parties can view the events on SEE's Investors homepage at  www.sealedair.com/investors.

SEE Upcoming Event with the Financial Community

Sealed Air Corporation (SEE) Q4 2023 Earnings Call Transcript

Sealed Air (SEE) witnesses year-over-year declines in its Q4 top and bottom lines due to lower volumes.

News for Sealed Air Stock (SEE)