Latest news with #SEE
Yahoo
20-05-2025
- Business
- Yahoo
SEE Q1 Earnings Call: Tariffs, Transformation, and Segment Realignment Shape Outlook
Integrated packaging solutions provider Sealed Air Corporation (NYSE:SEE) announced better-than-expected revenue in Q1 CY2025, but sales fell by 4.3% year on year to $1.27 billion. The company expects the full year's revenue to be around $5.3 billion, close to analysts' estimates. Its non-GAAP profit of $0.81 per share was 20.9% above analysts' consensus estimates. Is now the time to buy SEE? Find out in our full research report (it's free). Revenue: $1.27 billion vs analyst estimates of $1.27 billion (4.3% year-on-year decline, 0.5% beat) Adjusted EPS: $0.81 vs analyst estimates of $0.67 (20.9% beat) Adjusted EBITDA: $276.3 million vs analyst estimates of $260.3 million (21.7% margin, 6.2% beat) The company reconfirmed its revenue guidance for the full year of $5.3 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $3.10 at the midpoint EBITDA guidance for the full year is $1.13 billion at the midpoint, above analyst estimates of $1.1 billion Operating Margin: 14.4%, in line with the same quarter last year Free Cash Flow was -$12 million, down from $78 million in the same quarter last year Sales Volumes fell 2% year on year (0.5% in the same quarter last year) Market Capitalization: $4.75 billion Sealed Air's first quarter results reflected ongoing transformation efforts, with management attributing performance to organizational changes and market-focused strategies. CEO Dustin Semach highlighted the completion of the company's supply chain integration into its Food and Protective segments, stating this move was designed to increase adaptability and customer responsiveness. The team also addressed the impact of evolving global trade policies and tariffs, noting that domestic production and USMCA exemptions have minimized direct effects so far. Looking ahead, management reconfirmed full-year guidance, citing confidence in ongoing cost control and productivity initiatives to offset potential volume softness. Semach emphasized the company's focus on controlling 'what we can' amid uncertain demand, particularly in the Protective segment, while leveraging the strengths of the Food segment's product portfolio and global positioning. The leadership team outlined plans to monitor evolving tariff policies, customer sentiment, and macroeconomic trends that could affect the second half of the year. Sealed Air's leadership focused on segment-specific transformation, the evolving tariff landscape, and customer-focused realignment as key themes for the quarter. The deviation from Wall Street's expectations was mainly due to stronger-than-expected cost controls and progress on organizational transformation, which helped offset market volume declines. Segment-Focused Reorganization: Management completed the realignment of supply chain, commercial, and innovation teams into Food and Protective business units, aiming for faster adaptation to market conditions. Tariff Mitigation Efforts: The company actively reviewed its supply chain and product sourcing to address new and potential tariffs, with most direct impacts mitigated through domestic manufacturing and USMCA exemptions. Pricing actions in Food are being taken when exposure remains. Protective Business Turnaround: Leadership discussed ongoing transformation in the Protective segment, including a new go-to-market structure and increased field sales investment. Early results include reduced customer churn in North America and stabilization in EMEA and Asia. Customer Engagement Initiatives: The company intensified direct engagement with customers and distribution partners, using both quantitative feedback and executive outreach to guide improvements and measure satisfaction. These efforts are intended to drive long-term share gains, particularly in segments where Sealed Air lost ground over the past two years. Productivity and Cost Management: CEO Semach and Interim CFO Johnson highlighted ongoing cost takeout and productivity programs as core to margin maintenance. These measures—such as shifting back-office work to lower-cost locations and optimizing production—helped offset unfavorable price realization and volume declines. Management's outlook for the remainder of the year centers on navigating trade policy uncertainty, continued cost discipline, and segment-level transformation to maintain profitability and position for growth. Protective Segment Recovery: The team expects volume declines in Protective to moderate as customer churn from prior years is fully lapped and new commercial strategies take hold, but acknowledged ongoing market caution and low demand visibility. Food Segment Stability: Management projects relative stability in Food, supported by resilient demand in retail and industrial markets outside the U.S. and product diversity that allows for flexibility if consumer trade-downs accelerate domestically. Tariff and Supply Chain Adaptation: The company believes its domestic production focus and supply chain adjustments will help limit tariff-related risks, but will continue to monitor potential downstream effects and adjust pricing as needed. FX trends and further operational efficiencies may also buffer unexpected headwinds. Ghansham Panjabi (Baird): Asked about progress in Protective's volume trends and customer churn. CEO Semach explained that most large customer churn is now fully lapped, with sequential improvement expected as transformation initiatives mature. George Staphos (BofA Securities): Inquired about balancing cost takeout with improving customer satisfaction. Semach described increased field sales investment and back-office relocation as strategies for driving efficiency without sacrificing customer engagement. Matt Roberts (Raymond James): Queried about price realization and competitive pressures in each segment. Management indicated price was flat overall, with negative realization in Protective due to competitive dynamics and supply overhang, particularly following Amazon's exit from a key line. Josh Spector (UBS): Asked for specifics on Protective volume assumptions and equipment sourcing risks from tariffs. Semach stated volume declines will lessen in the second half, with minimal direct tariff impact due to supply chain adjustments and domestic sourcing. Stefan Diaz (Morgan Stanley): Sought clarity on holding guidance amid trade policy changes and international exposure. Management noted that guidance reflects expected modest volume softness offset by improved FX, with most business structured for domestic consumption to reduce tariff exposure. In upcoming quarters, the StockStory team will be watching (1) whether the Protective segment's transformation leads to sustained improvements in volume and customer retention, (2) how effectively Sealed Air manages evolving tariff and trade policy impacts, especially with ongoing global uncertainty, and (3) the Food segment's ability to maintain stability amid potential consumer trade-downs and changing protein demand. The success of further productivity initiatives and operational efficiencies will also be a key focus. Sealed Air currently trades at a forward P/E ratio of 10.6×. In the wake of earnings, is it a buy or sell? See for yourself in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.
Hans India
25-04-2025
- Politics
- Hans India
Nepal Supreme Court directs govt to address legitimate demands of protesting teachers
Kathmandu: The Supreme Court of Nepal has issued an interim order asking the government to address the legitimate demands of the protesting teachers and ensure that the teachers return to classrooms within three days. The order stated that the ongoing teachers' protests in the country have violated the student's right to education, and it would continue if the court didn't intervene, local media reported. 'With regard to addressing the legitimate and constitutionally justified demands of the protesting teachers, the defendants [the prime minister's office and other government agencies] are hereby directed to take appropriate and necessary decisions, and to ensure, within three days from the date of receipt of this order, that the protesting teachers return to their schools and that an environment conducive to regular teaching and learning is restored,' reads the order by a single bench of Justice Nahakul Subedi. 'The future of millions of students has been pushed into uncertainty due to the protest. The right to education for children is a fundamental human right, and it is the state's responsibility to ensure it,' the order stated. Additionally, the court has directed that the results of the Secondary Education Examination (SEE) be published on time and that the Grade XII Board exams be conducted as scheduled, according to local media reports. Meanwhile, several local units in Nepal have also directed the protesting teachers to take up their duties. 'While study has already commenced in the private schools, the community schools remain shut. This is against children's right to study. All the teachers are directed to resume their jobs,' Budhanilkatha Municipality said in a statement. Additionally, the Mandandeupur Municipality of Kavre has also issued a similar directive to the teachers. 'The municipality firmly believes that children's education should not be disrupted under any circumstances,' said the municipality in a statement. Both the local units have urged the government to address the legitimate concerns of the agitating teachers, Nepal's leading newspaper, The Kathmandu Post, reported. Despite the order passed by the Supreme Court and with directives from many local units, the teachers stated that they would not withdraw the protest until the passage of the School Education Bill. 'What is the court's position in ensuring justice to us? We want a long-term solution to the problem. The protest will not cease without the Act. However, we will come to a formal decision only after studying the court order and consulting with our friends,' said Nanu Maya Parajuli, co-chair of the federation. Recently, Nepal's grade 12 examination, scheduled to commence on Thursday, was postponed until May 4 as government school teachers continued with their protest and boycotted the examination process. Earlier this week Nepal's Education Minister Bidya Bhattarai also resigned following the differences she had with Prime Minister K.P. Sharma Oli and Finance Minister Bishnu Paudel over protesting teachers' demands on perks and benefits, as per local media reports. The teacher's demonstrations and sit-ins in the Maitighar-Naya Baneshwor area of Kathmandu since April 2 have severely disrupted the national enrollment drive and delayed key academic tasks, such as evaluating answer sheets from the recently held Secondary Education Examination (SEE).
The Print
24-04-2025
- Business
- The Print
PM Oli to address first day of Nepal parliament's summer session
Finance Minister Bishnu Prasad Paudel will present the budget for the new fiscal year on May 29. The government's new policies and programmes will be unveiled on May 2. President Ramchandra Paudel summoned the session for 1:00 p.m. after the Council of Ministers' recommendation. Kathmandu, Apr 24 (PTI) Prime Minister K P Sharma Oli will address the summer session or budget session of Nepal parliament, which will begin from Friday. The government will present two major bills, including the School Education Bill and the Federal Civil Service Bill, in the upcoming parliament session, according to sources at the Parliament Secretariat. Tens of thousands of school students have taken to the streets of Kathmandu to press for their demands related to overall improvement in the school education. The government has assured to address their demands in the proposed School Education Bill. Meanwhile, the government on Wednesday announced a postponement by nine days of the date of SEE (Secondary Education Exams) due to the ongoing agitation by school teachers. The exam was scheduled to begin on Friday. Education Minister Bidya Bhattarai was forced to quit and replaced by Raghuji Panta on Thursday after she failed to handle the teachers' agitation. PTI SBP PY PY PY This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Yahoo
23-04-2025
- Business
- Yahoo
3 Cash-Producing Stocks in Hot Water
A company that generates cash isn't automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand. Cash flow is valuable, but it's not everything - StockStory helps you identify the companies that truly put it to work. That said, here are three cash-producing companies to steer clear of and a few better alternatives. Trailing 12-Month Free Cash Flow Margin: 1.1% Founded as a corner grocery store in Milwaukee, Wisconsin, Kohl's (NYSE:KSS) is a department store chain that sells clothing, cosmetics, electronics, and home goods. Why Do We Steer Clear of KSS? Disappointing same-store sales over the past two years show customers aren't responding well to its product selection and store experience Earnings per share decreased by more than its revenue over the last five years, showing each sale was less profitable 6× net-debt-to-EBITDA ratio makes lenders less willing to extend additional capital, potentially necessitating dilutive equity offerings At $7.09 per share, Kohl's trades at 5.6x forward price-to-earnings. To fully understand why you should be careful with KSS, check out our full research report (it's free). Trailing 12-Month Free Cash Flow Margin: 9.7% Founded in 1913 with bleach as the sole product offering, Clorox (NYSE:CLX) today is a consumer products giant whose product portfolio spans everything from bleach to skincare to salad dressing to kitty litter. Why Does CLX Fall Short? Sales stagnated over the last three years and signal the need for new growth strategies Projected sales for the next 12 months are flat and suggest demand will be subdued Free cash flow margin has stayed in place over the last year Clorox is trading at $141.50 per share, or 20x forward price-to-earnings. If you're considering CLX for your portfolio, see our FREE research report to learn more. Trailing 12-Month Free Cash Flow Margin: 9.4% Founded in 1960, Sealed Air Corporation (NYSE: SEE) specializes in the development and production of protective and food packaging solutions, serving a variety of industries. Why Do We Pass on SEE? Declining unit sales over the past two years suggest it might have to lower prices to accelerate growth Performance over the past two years shows each sale was less profitable as its earnings per share dropped by 12.3% annually, worse than its revenue Waning returns on capital imply its previous profit engines are losing steam Sealed Air's stock price of $27.45 implies a valuation ratio of 8.6x forward price-to-earnings. Read our free research report to see why you should think twice about including SEE in your portfolio, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Hans India
22-04-2025
- Politics
- Hans India
Nepal's education minister resigns amid growing rift with PM Oli, pending teachers' demand
Nepal's Education Minister Bidya Bhattarai resigned following the differences she has with Prime Minister K.P. Sharma Oli and Finance Minister Bishnu Paudel over protesting teachers' demands on perks and benefits. Her decision came amid growing political differences with the Prime Minister and Finance Minister as thousands of government school teachers continued with their protest in Kathmandu, demanding passage of the School Education Bill, according to local media reports. Meanwhile, Laxmi Kishor Subedi, chairman of the Confederation of Nepalese Teachers (CNT), took to social media and said that their agitation will continue on Tuesday. "Our agitation will continue," said Subedi. According to media reports earlier on Monday, Bhattarai held a meeting with Prime Minister Oli. She submitted her resignation to the Prime Minister during the meeting, as confirmed by the education ministry. "She is unhappy with both Prime Minister Oli and Finance Minister Paudel, but efforts are on to convince her to rethink her resignation. The Prime Minister will talk to her," the leading Nepali newspaper, The Kathmandu Post, reported, quoting a minister as saying. The report quoted two sources close to the Education Minister, stating that PM Oli and Bhattarai had big differences over addressing the demands of the agitating teachers since teachers hit the streets. "Finance Minister Paudel also did not cooperate in fulfilling some of the teachers' demands. Bhattarai mentioned 'health issues' as the reason for her resignation to the Prime Minister. Yes, she had been unwell sometime back, but now she has fully recovered," said the source. "If the government addresses teachers' demands related to salary and other perks and benefits, thousands of civil servants who are ready to hit the streets will ask for similar benefits. So both the Prime Minister and Finance Minister did not agree to address all the demands of the teachers, which made her resign," said an official familiar with the talks between Oli, Paudel, and Bhattarai. The differences became prominent when the outgoing education minister Bhattarai, was absent during Prime Minister Oli's meeting with office-bearers of the CNT on Friday to explore solutions to the ongoing teachers' agitation centered in Kathmandu. The teacher's demonstrations and sit-ins in the Maitighar-Naya Baneshwor area of Kathmandu since April 2 have severely disrupted the national enrollment drive and delayed key academic tasks, such as evaluating answer sheets from the recently held Secondary Education Examination (SEE). The teachers defied the government's instruction to begin student enrollment for the new academic year in Nepal, which started on April 15.
