Latest news with #SealedAirCorporation
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.
Yahoo
03-04-2025
- Business
- Yahoo
Is Sealed Air Corporation (SEE) The Best Beaten Down Stock to Buy According to Analysts?
We recently published a list of 10 Best Beaten Down Stocks to Buy According to Analysts. In this article, we are going to take a look at where Sealed Air Corporation (NYSE:SEE) stands against other best beaten down stocks to buy according to analysts. JPMorgan released a market update where it highlighted the US Fed's recent decision to keep the rates unchanged. Also, the US Fed decreased the growth forecasts and increased the near-term inflation expectations. The futures markets are pricing 2 interest rate cuts this year and a ~50% chance of the third cut. Jose Torres, Senior Economist at Interactive Brokers, believes that stocks are being impacted as slowdown worries continue to pressure the outlook for broader corporate earnings growth. According to him, investors continue to pile up shares in the defensive consumer staple, utilities, and healthcare segments and the real estate and energy areas. Reuters reported that analysts have been turning more cautious about the US corporate earnings for Q1 2025, as Trump's policies continue to threaten to trigger a global trade war that can impact the broader economic growth. Reuters, while quoting Tajinder Dhillon (senior research analyst at LSEG), noted that S&P 500 forecasts for Q1 2025 have declined by 4.5 percentage points since January 1. Notably, this has been the largest downward revision since Q4 2023. The earnings growth for the S&P 500 companies is expected at 7.7% YoY, marking the lowest since Q3 2023 as well as a significant decline from 17.1% in Q4 2024. The worries related to the import tariffs and retaliation by US trade partners, together with the government cutbacks, can push the broader economy into recession have witnessed an increase over the past few weeks, reported Reuters. READ ALSO: and . CNBC, while quoting Scott Wren (senior global market strategist at the Wells Fargo Investment Institute), stated that numerous uncertainties can negatively impact the broader stock market, such as tariffs as well as a potential rebound in inflation. Furthermore, an increase in bond yields can also pose a headwind, as per Wren. Notably, increased yields can impact the demand for US stocks. That being said, a favorable backdrop of healthy economic growth and consumer spending, together with relatively low unemployment, can help the S&P 500 to deliver ~12% in 2025. As per Wren, this would be marginally higher than the long-term historical average. The strategist thinks that the investors are required to be optimistic. Amidst these trends, let us now have a look at the 10 Best Beaten Down Stocks to Buy According to Analysts. To list the 10 Best Beaten Down Stocks to Buy According to Analysts, we used a screener and shortlisted the stocks that are trading close to their respective 52-week lows and that analysts see significant upside to. Next, the stocks were arranged in ascending order of their average upside potential, as of March 21. We also mentioned the hedge fund sentiment around each stock, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A forklift operator stacking shelves with packaged goods in a warehouse. Sealed Air Corporation (NYSE:SEE) offers packaging solutions. Truist Securities reiterated a 'Buy' rating on the company's stock, maintaining a price objective of $44.00. The analysts mentioned the company's strong performance in the Food division, and expect a significant positive change in the Protective division. Sealed Air Corporation (NYSE:SEE)'s emphasis on its turnaround efforts, mainly in the Protective segment, seems to be gaining traction, which supports Truist Securities' confidence in the company's prospects. This, together with the growth in the Food sector, can fuel its performance. Sealed Air Corporation (NYSE:SEE)'s emphasis on value-added products and automation-friendly solutions can support in maintaining or expanding its presence in critical markets. By addressing the customer needs for efficiency and sustainability, the company can establish new growth vectors. Sealed Air Corporation (NYSE:SEE) remains focused on maximizing the potential of each business based on their respective end markets and portfolios. It continues to accelerate the momentum in Food by expanding further into higher growth end-markets with the case ready and fluids solutions, while continuing to stabilize Protective. Heartland Advisors, an investment management company, released its Q4 2024 investor letter. Here is what the fund said: 'Investors seem to be chasing momentum in Industrials, as evidenced by passive flows into sector ETFs, while showing little interest in packaging stocks, a subsector of materials. Throughout the year, we have been paying particularly close attention to possible opportunities within packaging in anticipation of renewed interest. Overall, SEE ranks 10th on our list of best beaten down stocks to buy according to analysts. While we acknowledge the potential of SEE as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than SEE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
06-03-2025
- Business
- Yahoo
Sealed Air's (NYSE:SEE) Soft Earnings Don't Show The Whole Picture
The market was pleased with the recent earnings report from Sealed Air Corporation (NYSE:SEE), despite the profit numbers being soft. We think that investors might be looking at some positive factors beyond the earnings numbers. View our latest analysis for Sealed Air To properly understand Sealed Air's profit results, we need to consider the US$99m expense attributed to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. Assuming those unusual expenses don't come up again, we'd therefore expect Sealed Air to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Sealed Air's earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that Sealed Air's statutory profit actually understates its earnings potential! On the other hand, its EPS actually shrunk in the last twelve months. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. If you want to do dive deeper into Sealed Air, you'd also look into what risks it is currently facing. Case in point: We've spotted 1 warning sign for Sealed Air you should be aware of. This note has only looked at a single factor that sheds light on the nature of Sealed Air's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
Sealed Air Announces Participation at Upcoming Financial Conferences
CHARLOTTE, N.C., Feb. 25, 2025 /PRNewswire/ -- Sealed Air Corporation (NYSE: SEE) announced today that Dustin Semach, President and Chief Executive Officer, and Roni Johnson, Interim Chief Financial Officer, will participate in the upcoming Bank of America 2025 Global Agriculture and Materials Conference and the Raymond James 46th Annual Institutional Investors Conference. Bank of America 2025 Global Agriculture and Materials Conference Date: Thursday, Feb. 27, 2025Fireside Chat Presentation: 3:30 p.m. ESTLocation: Fort Lauderdale, FL Raymond James 46th Annual Institutional Investors Conference Date: Tuesday, March 4, 2025Fireside Chat Presentation: 9:50 a.m. ESTLocation: Orlando, FL About Sealed Air Sealed Air Corporation (NYSE: SEE), is a leading global provider of packaging solutions that integrate sustainable, high-performance materials, automation, equipment and services. Sealed Air designs, manufactures and delivers packaging solutions that preserve food, protect goods and automate packaging processes. We deliver our packaging solutions to an array of end markets including fresh proteins, foods, fluids and liquids, medical and life science, e-commerce retail, logistics and omnichannel fulfillment operations, and industrials. Our globally recognized solution brands include CRYOVAC® brand food packaging, LIQUIBOX® brand liquids systems, SEALED AIR® brand protective packaging, AUTOBAG® brand automated packaging systems, and BUBBLE WRAP® brand packaging. In 2024, Sealed Air generated $5.4 billion in sales and has approximately 16,400 employees who serve customers in 117 countries/territories. Website Information We routinely post important information for investors on our website, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. Company ContactsInvestorsMark Louise MediaAmanda View original content to download multimedia: SOURCE Sealed Air Sign in to access your portfolio
Yahoo
14-02-2025
- Business
- Yahoo
Sealed Air Announces Leadership Changes and Re-affirms Full Year 2024 Outlook
CHARLOTTE, N.C., Feb. 14, 2025 /PRNewswire/ -- Sealed Air Corporation (NYSE: SEE) announced today that Dustin Semach has been appointed to serve as the President and Chief Executive Officer, effective immediately. Mr. Semach will also serve as a member of the Board of Directors and its Executive Committee. The Board of Directors and Patrick Kivits have mutually agreed to transition Sealed Air's leadership. Mr. Kivits has stepped down as Chief Executive Officer and as a member of the Board, effective immediately. Mr. Semach most recently served as the Company's President and Chief Financial Officer. Veronika "Roni" Johnson, currently the Chief Accounting Officer, has been appointed the Interim Chief Financial Officer. The Company has begun a search, internally and externally, for a new Chief Financial Officer with a leading executive search firm. Henry Keizer, Sealed Air Board Chairman said, "Our focus has been on rebuilding the foundation by re-aligning our businesses on a market basis, revitalizing our commercial approach and right sizing our cost structure. As we enter the next phase of our transformation, our success requires a leader with a deep understanding of our businesses and a strong sense of urgency. Dustin has proven that he is the best leader to take the business forward with his relentless focus on execution, customer-centric approach, ability to build a high-performing culture, and strong financial and operational skills." Mr. Keizer continued, "We thank Patrick for his contributions in our recent transformation back into two market-focused business segments and wish him the best in his future endeavors." Mr. Keizer continued, "As we look to Sealed Air's future, the Board is confident in Dustin's ability to work with the new segment Presidents, each possessing extensive packaging and commercial expertise, along with their global teams to maximize value for our shareholders. Together, they will accelerate efforts to enhance customer focus, drive profitable growth, streamline our operations, deploy capital effectively and foster a relentless commitment to shareholder returns." Mr. Semach said, "We have made great progress in refocusing on our end-markets with our reorganization into two distinct businesses, Food and Protective. We still have significant opportunities to enhance our growth prospects through better partnering with customers, improving our cost positions and focusing our deep innovation capabilities to develop solutions that solve our customers' most pressing problems. I look forward to continuing to partner with the Board of Directors, each segment leader and all the employees of Sealed Air in meeting these challenges and driving profitable growth in 2025 and beyond." Full Year 2024 Outlook Concurrently with the foregoing announcement, Sealed Air Corporation reaffirms its financial guidance for full year 2024, as provided in a press release issued on November 7, 2024. Mr. Semach and Ms. Johnson will discuss the Company's financial results and operational progress when Sealed Air reports its fourth quarter and full year results on Tuesday, February 25, 2025. About Sealed Air Sealed Air Corporation (NYSE: SEE), is a leading global provider of packaging solutions that integrate sustainable, high-performance materials, automation, equipment and services. Sealed Air designs, manufactures and delivers packaging solutions that preserve food, protect goods and automate packaging processes. We deliver our packaging solutions to an array of end markets including fresh proteins, foods, fluids and liquids, medical and life science, e-commerce retail, logistics and omnichannel fulfillment operations, and industrials. Our globally recognized solution brands include CRYOVAC® brand food packaging, LIQUIBOX® brand liquids systems, SEALED AIR® brand protective packaging, AUTOBAG® brand automated packaging systems, and BUBBLE WRAP® brand packaging. In 2023, Sealed Air generated $5.5 billion in sales and has approximately 17,000 employees who serve customers in 115 countries/territories. Website Information We routinely post important information for investors on our website, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by such words as "anticipate," "believe," "plan," "assume," "could," "should," "estimate," "expect," "intend," "potential," "seek," "predict," "may," "will" or the negative of these terms and similar expressions. All statements contained in this press release, other than statements of historical facts, such as those regarding our growth initiatives, business strategies, operating plans, business outlook, restructuring activities and market conditions, are forward-looking statements. These statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that may cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. These risks include important factors discussed in the "Risk Factors" section in Part I of our most recent Annual Report on Form 10-K, as updated by our other filings with the Securities and Exchange Commission. Any forward-looking statements made by us in this press release are based solely on management's estimates as of the date of this press release. While we may elect to update such forward-looking statements, we disclaim any obligation to do so even if subsequent events cause our views to change, except as may be required by applicable law. Company Contacts InvestorsMark 919.673.3218 Louise MediaAmanda View original content to download multimedia: SOURCE Sealed Air Sign in to access your portfolio
