WestRock Reports Second Quarter Fiscal 2024 Results
Westrock Company (WRK)
Last westrock company earnings: 1/30 06:30 am
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US:NYSE Investor Relations:
ir.westrock.com
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Source: Business Wire
ATLANTA--(BUSINESS WIRE)--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 billionNet income of $16 million, Adjusted Net Income of $101 million; net income included $81 million of restructuring and other costs, netEarnings of $0.06 per diluted share (“EPS”) and Adjusted EPS of $0.39Consolidated Adjusted EBITDA of $618 millionConsumer 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 of $300 to $400 million“I’m proud of our team’s continued focus and execution, as we delivered strong results and made significant progress on our cost savings initiatives,” said David B. Sewell, chief executive officer. “We have already exceeded the midpoint of our targeted cost savings for fis
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WRK
Earnings
- 5/2/24 - Beat
WRK
Sec Filings
- 5/14/24 - Form 425
- 5/14/24 - Form 425
- 5/14/24 - Form 425
- WRK's page on the SEC website