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SEALED AIR CORP/DE (SEE)

Earnings summaries and quarterly performance for SEALED AIR CORP/DE.

Recent press releases and 8-K filings for SEE.

Brodsky & Smith Announces Investigation into Sealed Air Corporation's Acquisition
SEE
M&A
Legal Proceedings
Takeover Bid
  • Brodsky & Smith is investigating the acquisition of Sealed Air Corporation (NYSE – SEE).
  • Sealed Air will be acquired by CD&R for $42.15 in cash per share in an all-cash transaction.
  • The transaction has an enterprise value of $10.3 billion.
  • The investigation concerns whether the Sealed Air Board breached its fiduciary duties to shareholders by failing to conduct a fair process and if the deal consideration provides fair value.
Nov 24, 2025, 11:27 PM
Sealed Air to be Acquired by CD&R
SEE
M&A
Takeover Bid
  • Sealed Air Corporation (SEE) has entered into a definitive agreement to be acquired by funds affiliated with CD&R in an all-cash transaction with an enterprise value of $10.3 billion.
  • Under the terms of the agreement, stockholders will receive $42.15 in cash per share. This represents a 41% premium to Sealed Air’s unaffected stock price as of August 14, 2025, and a 24% premium to its 90-day VWAP as of November 12, 2025.
  • The transaction, unanimously approved by Sealed Air’s Board of Directors, is expected to close in mid-2026, subject to stockholder approval and regulatory clearances.
  • Upon completion, Sealed Air will become a privately held company, and its common stock will no longer be traded on the New York Stock Exchange.
  • The agreement includes a 30-day "go-shop" period for Sealed Air to solicit additional acquisition proposals. Parent has secured $7.9 billion in debt financing and committed equity financing for the transaction.
Nov 17, 2025, 1:16 PM
Sealed Air to be Acquired by CD&R
SEE
M&A
Takeover Bid
Delisting/Listing Issues
  • Sealed Air Corporation (NYSE: SEE) has entered into a definitive agreement to be acquired by funds affiliated with CD&R in an all-cash transaction with an enterprise value of $10.3 billion.
  • Sealed Air stockholders will receive $42.15 in cash per share, representing a 41% premium to the unaffected stock price as of August 14, 2025.
  • The transaction, which has been unanimously approved by Sealed Air's Board of Directors, is expected to close in mid-2026.
  • Upon completion of the transaction, Sealed Air will become a privately held company, and its common stock will no longer be traded on the New York Stock Exchange.
  • The agreement includes a 30-day "go-shop" period from the signing date, allowing Sealed Air to actively solicit additional acquisition proposals.
Nov 17, 2025, 11:55 AM
Sealed Air to be Acquired by CD&R for $10.3 Billion
SEE
M&A
Takeover Bid
Delisting/Listing Issues
  • Sealed Air Corp is set to be acquired by private equity firm Clayton Dubilier & Rice (CD&R) in an all-cash transaction valued at $10.3 billion, including debt.
  • Shareholders will receive $42.15 per share, representing a nearly 13% premium over the closing price prior to the announcement.
  • The deal will take Sealed Air private, with its common stock ceasing to trade on the NYSE upon closing, which is expected in mid-2026.
  • A 30-day go-shop period allows Sealed Air to solicit additional acquisition proposals, with an extra 15 days for negotiations.
Nov 17, 2025, 2:15 AM
Sealed Air Raises Full-Year Adjusted EBITDA Guidance Amidst Macro Headwinds
SEE
Guidance Update
Demand Weakening
Management Change
  • Sealed Air raised its full-year 2025 adjusted EBITDA guidance to a range of $1.12-$1.14 billion, an increase of $5 million from the prior midpoint, while maintaining its full-year sales target midpoint of $5.3 billion.
  • The Protective segment's Q3 adjusted EBITDA increased 1.5% in constant currency to $78 million, marking its first year-over-year adjusted EBITDA growth since Q1 2024, despite sales being down 3% on a constant currency basis. The Food segment's adjusted EBITDA increased 3% in constant currency to $215 million.
  • The company anticipates market pressures, including lower volumes (down about 4% in Q4, primarily in North American food) and competitive pricing, to accelerate in Q4 2025, with volume weakness expected to persist through at least the first half of 2026.
  • Sealed Air is implementing productivity initiatives, cost reductions, and network optimization across both segments, and Kristin Actez Grande joined in late August to help accelerate transformation efforts.
Nov 4, 2025, 1:00 PM
Sealed Air Announces Q3 2025 Results and Updates 2025 Outlook
SEE
Earnings
Guidance Update
Demand Weakening
  • For Q3 2025, Sealed Air reported Net Sales of $1.35 billion, an increase of 0.5% as reported but down 1% in constant currency. Adjusted EBITDA was $287 million, up 4% as reported and 3% in constant currency, with Adjusted EPS at $0.87, up 10% as reported.
  • The company's Net Debt / Adjusted EBITDA ratio was 3.5x as of Q3 2025, with a target to reach ~3.0x in 2026. Year-to-date Free Cash Flow for 2025 was $201 million, down from $323 million in the same period of 2024, primarily due to higher incentive compensation and timing of tax payments.
  • Sealed Air updated its 2025 outlook, projecting Net Sales between $5.275 billion and $5.325 billion, Adjusted EBITDA between $1.12 billion and $1.14 billion, and Adjusted EPS between $3.25 and $3.35. The Free Cash Flow outlook remains $350 million to $450 million.
Nov 4, 2025, 1:00 PM
Sealed Air Reports Strong Q3 2025 Results and Raises Full-Year Outlook
SEE
Earnings
Guidance Update
  • Sealed Air Corporation reported Net Sales of $1,351 million for Q3 2025, a 0.5% increase compared to the prior year. Adjusted EBITDA increased 4.2% to $287 million, and Adjusted Diluted EPS rose 10.1% to $0.87.
  • The company's performance was driven by improved operating leverage, ongoing execution of productivity initiatives, and a favorable resolution of historical tax matters.
  • Sealed Air continued its deleveraging efforts, reducing total debt to $4.2 billion as of September 30, 2025, and achieving a Net Debt to Adjusted EBITDA ratio below 3.5x.
  • The 2025 full-year outlook for Adjusted EBITDA and Adjusted EPS was raised, with Adjusted EBITDA now projected between $1,120 million and $1,140 million and Adjusted EPS between $3.25 and $3.35.
Nov 4, 2025, 12:06 PM
Sealed Air Reports Strong Q3 2025 Results and Raises Full-Year Outlook
SEE
Earnings
Guidance Update
Demand Weakening
  • Sealed Air Corporation reported Q3 2025 net sales of $1,351 million, a slight increase from $1,345 million in Q3 2024.
  • Net earnings significantly improved to $186 million or $1.26 per diluted share in Q3 2025, compared to $89 million or $0.61 per diluted share in Q3 2024, primarily due to improved operating leverage and favorable resolution of historical tax matters.
  • Adjusted EBITDA increased by 4% to $287 million and Adjusted Diluted EPS rose by 10% to $0.87 in Q3 2025, driven by productivity initiatives and lower interest expense.
  • The company raised its full-year 2025 outlook for Adjusted EBITDA to a range of $1,120 million to $1,140 million and Adjusted EPS to $3.25 to $3.35, while maintaining the mid-point for Net Sales and Free Cash Flow.
  • Sealed Air continued its deleveraging efforts, reducing Net Debt to $3.9 billion as of September 30, 2025, resulting in a Net Debt to Adjusted EBITDA ratio of 3.5x.
Nov 4, 2025, 11:45 AM