Berry Global Group

Berry Global Group, Inc. engages in the provision of innovative rigid, flexible, and non-woven products. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene and Specialties. The Consumer Packaging International segment consists of rigid products that primarily service non-North American markets. The Consumer Packaging North America segment includes rigid products that primarily service North American markets. The Engineered Materials segment manufactures flexible products that service primarily North American and European markets. The Health, Hygiene and Specialties segment refers to non-woven and related products that service global markets. The company was founded in 1967 and is headquartered in Evansville, IN.

Earnings data Q2 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Berry Global Group reports Q1 growth amidst market challenges

Berry Global Group's Q1 2023 performance showcased EBITDA and EPS growth amidst revenue declines, supported by cost reduction efforts and investments in growth markets.
Strengths lie in the stability of the hygiene segment, operational efficiency improvements, and strategic investments for future growth.
Challenges include soft market demand in certain segments, necessitating ongoing cost optimization and strategic asset portfolio management.
Opportunities abound in higher-growth markets, leveraging fixed costs, and optimizing business mix for sustained growth and shareholder value maximization.

Berry Global Group reports solid Q2 results and strategic growth

Berry Global Group delivered solid financial performance, focusing on cost efficiency and high-value growth products.
Despite market challenges, the company remains committed to long-term value creation and sustainable growth strategies.
Strategic initiatives like new business wins and structural cost reductions position Berry for future success.

Berry Global Group faces inflation challenges but eyes growth opportunities

Berry Global Group's Q3 performance was impacted by inflation, but strategic investments and cost-saving measures are driving growth.
The company aims to enhance shareholder value through share repurchases, EPS growth, and focus on organic growth.
Challenges include managing inflation impact, reducing leverage, and succession planning, while opportunities lie in volume improvements and strategic investments.

Berry Global surpasses Q4 expectations, eyes sustainable growth in 2024

Berry Global's Q4 2023 earnings call highlighted exceptional financial performance, with record adjusted EPS and strong free cash flow generation. The company's strategic focus on organic growth, cost improvements, and shareholder value creation underpins its resilient position in the market.
While facing challenges like flat volumes and consumer demand pressure, Berry Global remains optimistic about its fiscal 2024 outlook. The emphasis on operational excellence, sustainability initiatives, and prudent capital allocation positions the company for sustainable growth and profitability.
By balancing organic growth strategies with potential acquisitions and focusing on market-driven opportunities, Berry Global aims to navigate challenges and capitalize on growth prospects. The proactive approach to repositioning business segments and optimizing capital allocation reflects the company's commitment to long-term value creation.

Berry Global Group reports solid Q1 results, eyes merger opportunity

Berry Global Group's Q1 performance was solid, with a focus on cost reductions and strategic initiatives for long-term growth. Despite revenue declines in certain segments, the company remains confident in its guidance and future prospects, including a potential merger opportunity with Glatfelter.

Berry Global Group reports solid Q2 performance and strategic growth plans

Berry Global Group's Q2 performance was solid, with a focus on cost savings and portfolio optimization.
The company's strengths lie in consumer alignment, strong market presence, and strategic acquisitions.
Challenges include ongoing portfolio optimization and operational enhancements globally.
Opportunities for Berry include cost savings expansion, divestitures, acquisitions, and volume growth potential.

Berry Global Group reports solid Q3 performance and eyes sustainable growth

Berry Global Group's Q3 performance reflects steady growth and financial discipline amidst market challenges.
Strategic initiatives in portfolio optimization and lean transformation are enhancing operational efficiency and competitiveness.
With a focus on innovation, sustainability, and cost management, Berry Global is poised for sustained growth and value creation.

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Berry Global Group, Inc. engages in the provision of non-woven products. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene and Specialties. The Consumer Packaging International segment consists of products that primarily service non-North American markets. The Engineered Materials segment involves the manufacture of flexible products that service primarily North American and European markets. The Health, Hygiene and Specialties segment refers to services to global markets. The company was founded in 1967 and is headquartered in Evansville, IN.

Berry Global Group NYSE: BERY is one of those businesses that do not seem to let off the gas pedal, significantly when all other sectors lag in performance. As a result, Berry has been outperforming peers in the space, such as Ball Corporation NYSE: BALL and Crown Holdings NYSE: CCK, by more than twenty-five percent over the past twelve months.

Berry Global, The Backbone Of Consumer Packaging You Should Own

Berry Global's (BERY) Q2 sales decline 12.9% year over year due to volume weakness, a decrease in selling prices and foreign currency headwinds.

Berry Global (BERY) Q2 Earnings Beat, Sales Decline 12.9%

Berry Global Group, Inc. (NYSE:BERY ) Q2 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Dustin Stilwell - Head, IR Thomas Salmon - CEO & Chairman Mark Miles - CFO Conference Call Participants Anthony Pettinari - Citigroup Adam Samuelson - Goldman Sachs Group Kieran De Brun - Mizuho Securities Michael Roxland - Truist Securities Kyle White - Deutsche Bank Ghansham Panjabi - Robert W. Baird & Co. Arun Viswanathan - RBC Capital Markets George Staphos - Bank of America Merrill Lynch Joshua Spector - UBS Michael Leithead - Barclays Bank Angel Castillo - Morgan Stanley Operator Good day, and thank you for standing by.

Berry Global Group, Inc. (BERY) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Berry Global (BERY) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Berry Global (BERY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

GAAP: Net sales of $3.3 billion; Operating income of $301 million; Earnings per share of $1.42. Non-GAAP: Operating EBITDA of $541 million; Adjusted earnings per share of $1.96.

Berry Announces Second Quarter 2023 Results

Berry Global is a major producer of plastic packaging. I expect the first quarter to have been its weakest quarter in terms of free cash flow.

Berry Global: I Own The Bonds And Would Like To Own The Stock

Berry Global (BERY) 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.

Analysts Estimate Berry Global (BERY) to Report a Decline in Earnings: What to Look Out for

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5 Undervalued Stocks in Keynote Speaker Bernard Horn's Portfolio

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY), has earned prestigious Climate Change and Supplier Engagement Ratings of A- from global sustainability disclosure non-profit, CDP. This ranks Berry in the top third of global companies who disclosed to the full climate questionnaire in 2022.

Berry Global Recognized by CDP as Leader on Climate Change and Supplier Engagement

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY), Berry Global, a leader in the design and production of innovative, sustainable packaging solutions, will begin developing its International Center of Excellence and Circular Innovation Hub in Barcelona, Spain as early as third quarter 2023.

Berry Announces New, Global Center of Excellence and Circular Innovation Hub in Barcelona, Spain

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY), a leader in the design, development, and production of innovative, sustainable stretch films has begun expanding one of its leading stretch film manufacturing facilities in Lewisburg, Tennessee for completion by early 2024.

Berry Announces Expansion of its Leading Film Manufacturing Facility in Lewisburg, Tennessee

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY), will report its second fiscal quarter 2023 results on Thursday, May 4, 2023, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company's results and performance. This call will be webcast live at the Company's website at https://ir.berryglobal.com/financials.

Berry Global Group, Inc. to Release Second Fiscal Quarter 2023 Results on May 4, 2023

Berry Global (BERY) benefits from robust growth in the Consumer Packaging North America segment. Its shareholder-friendly policies hold promise.

Berry Global (BERY) Up 19.5% in 6 Months: What's Aiding It?

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today (i) the consideration payable as set forth in the table below in respect of the previously announced tender offer (the “Tender Offer”) by Berry Global, Inc. (the “Company”) to purchase for cash its outstanding 0.

Berry Global Announces Consideration for and Upsizing of Tender Offer for 0.95% First Priority Senior Secured Notes due 2024

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today that it has amended its previously announced tender offer (the “Tender Offer”) to purchase for cash its outstanding 0.

Berry Global, Inc. Announces Extension of Early Tender Deadline for its 0.95% First Priority Senior Secured Notes due 2024

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) proudly accepts its ranking as second out of 26 in the Containers & Packaging sector of the World Benchmarking Alliance's 2022 Nature Benchmark. The Nature Benchmark is the first comprehensive assessment to measure and rank the world's most influential companies on their efforts to protect our environment and its biodiversity, covering nearly 400 companies across eight industries.

Berry Performs in Top 50 in World Benchmarking Alliance's 2022 Nature Benchmark

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) released its 2022 Impact Report, delivering a comprehensive and transparent assessment of the company's progress towards its global Environmental, Social, and Governance (ESG) commitments. The 2022 Impact Report is focused on celebrating record achievements, leveraging key learnings to achieve “More Together,” and highlighting how Berry is advancing its Impact 2025 strategy.

2022 Impact Report Highlights How Berry Global Drives Meaningful ESG Progress

Berry Global's (BERY) TYPAR DrainableWrap provides UV protection and tear strength required for commercial job sites.

Berry Global (BERY) Introduces Water Drainable Building Wrap

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) today announced that it will be expanding its line of high-performance building wraps through the launch of TYPAR® DrainableWrap™, the Company's first drainable building wrap engineered to protect multi-story structures from the elements and manage excess moisture. TYPAR DrainableWrap Commercial has joined TYPAR MetroWrap in the brand's growing portfolio of building wraps designed specifically for commercial structures.

Berry Launches New Building Wrap for Bulk Water Drainage and High-Performance Weather Protection

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the commencement by Berry Global, Inc., its wholly owned subsidiary (the “Company”), of an offer to purchase for cash (the “Tender Offer”) up to $100,000,000 aggregate principal amount (the “Maximum Tender Amount”) of its outstanding 0.95% First Priority Senior Secured Notes due 2024 (the “Notes”).

Berry Global, Inc. Announces Tender Offer for Certain Outstanding 0.95% First Priority Senior Secured Notes Due 2024

Berry Global (BERY) is backed by robust growth in the Consumer Packaging North America segment. Its shareholder-friendly policies hold promise.

Here's Why Hold Strategy is Beneficial for Berry Global (BERY)

EVANSVILLE, Ind.--(BUSINESS WIRE)--For the first time, Berry Global Group, Inc. (NYSE: BERY) has been named one of America's Best Large Employer by Forbes based on direct and indirect recommendations from employees. Of the thousands of companies evaluated, Berry proudly accepts its ranking of 371 out of 500 large employers and 15 within the Engineering, Manufacturing category.

Berry Global Recognized by Forbes as One of America's Best Large Employers

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY), recently announced the appointment of Anastasia Matthews to the role of Vice President – Global Diversity & Inclusion/Corporate Human Resources. In her new role, Matthews is leading Berry's Executive D&I Council and D&I Global Workgroup in the development and execution of an updated diversity and inclusion strategy.

Berry Appoints New VP of Global Diversity and Inclusion to Develop Leading D&I Strategy

Berry Global Launches Berry Global Tooling Services, Strengthening its Global Tooling Operations

Dividend growth often slows as companies age, so identifying potential future champions can pay off big. BERY trades in an industry with a history of dividend growth, generates lots of cash, and is cheaply priced.

News for Berry Global Group Stock (BERY)