The guidance cut to $610M Adjusted EBITDA (vs prior low-end ~$630M) is the primary negative catalyst — it signals management sees no demand recovery. Watch the April 29 call for segment-level commentary on volume trends and any further cost actions. The 1.1x leverage provides balance sheet optionality, but absent a demand catalyst, the stock is likely to drift lower.
Price Chart
Executive Summary
Greif reported Q2 2026 GAAP EPS of $0.22, a 31% miss vs $0.32 YoY, and net sales of $1.07B, roughly flat YoY but below the $1.10B consensus. Adjusted EBITDA rose 7.5% to $156.8M, but management lowered its full-year Adjusted EBITDA guidance to $610M (from a prior low-end of ~$630M), citing persistent industrial weakness and Middle East uncertainty. The stock faces headwinds from a demand recession, a guidance cut, and a completed $150M buyback that failed to offset deteriorating fundamentals.
Key Financial Metrics
Key Facts
- GAAP diluted EPS from continuing ops: $0.22 vs $0.32 YoY (-31.3%)
- Net sales: $1.07B, roughly flat vs $1.08B YoY, below $1.10B consensus
- Adjusted EBITDA +7.5% to $156.8M, but full-year guidance cut to $610M (low-end)
- Containerboard business divestiture closed Aug 2025; continuing ops only
- Completed $150M share repurchase program on April 15, 2026
- Net debt reduced to $719.8M; leverage ratio 1.1x (down from 3.3x)
- Sustainable Fiber Solutions net sales -8.2% YoY on 10% volume decline
- Durable Metal Solutions volumes -5.9% YoY
Financial Impact
GAAP EPS miss of $0.10 vs consensus; guidance cut of ~$20M at low-end Adjusted EBITDA; $150M buyback completed
Risk Factors
- Continued industrial recession with no demand inflection in sight
- Middle East conflict disrupting operations or supply chains
- Further volume declines in Sustainable Fiber Solutions (-10% this quarter)
- Potential for additional guidance cuts if macro conditions worsen
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3283152 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 25, 2026 9w ago | Press Release | $84.63 | awaiting T+60 | — | $83.17 (−1.73%) |
Aug 10, 2026 11w ago | Insider Cluster | $87.53 | awaiting T+60 | — | $83.17 (−4.98%) |
Aug 10, 2026 11w ago | Insider Cluster | $87.53 | awaiting T+60 | — | $83.17 (−4.98%) |
Aug 10, 2026 11w ago | Insider Cluster | $87.41 | awaiting T+60 | — | $83.17 (−4.85%) |
Aug 5, 2026 11w ago | Insider Cluster | $90.12 | awaiting T+60 | — | $83.17 (−7.71%) |
Aug 5, 2026 11w ago | Insider Cluster | $90.12 | awaiting T+60 | — | $83.17 (−7.71%) |
Jul 31, 2026 12w ago | 8-K | $86.55 $82.75 | ▼ −4.39% | ▼ −6.85% | $83.17 (−3.91%) |
Jun 2, 2026 21w ago | Press Release | $63.46 $85.51 | ▲ +34.75% | ▲ +33.63% | $83.17 (+31.06%) |
Apr 28, 2026 26w ago | Press Release | $65.44 $78.62 | ▼ −20.14% | ▼ −16.03% | $83.17 (−27.09%) |
Apr 22, 2026 26w ago | Press Release | $66.68 $76.32 | ▲ +14.46% | ▲ +9.68% | $83.17 (+24.73%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers