Earnings summaries and quarterly performance for SEALED AIR CORP/DE.
Executive leadership at SEALED AIR CORP/DE.
Dustin Semach
President and Chief Executive Officer
Byron Racki
President, Protective
Emile Chammas
Senior Vice President and Chief Operating Officer
Kristen Actis-Grande
Chief Financial Officer
Stefanie Holland
Vice President, General Counsel and Secretary
Steven Flannery
President, Food
Veronika Johnson
Chief Accounting Officer and Controller
Board of directors at SEALED AIR CORP/DE.
Research analysts who have asked questions during SEALED AIR CORP/DE earnings calls.
Edlain Rodriguez
Mizuho Securities
5 questions for SEE
Gabe Hajde
Wells Fargo & Company
5 questions for SEE
Matthew Roberts
Raymond James
5 questions for SEE
Philip Ng
Jefferies
5 questions for SEE
Stefan Diaz
Morgan Stanley
5 questions for SEE
Anthony Pettinari
Citigroup Inc.
4 questions for SEE
Jeffrey Zekauskas
JPMorgan Chase & Co.
4 questions for SEE
Joshua Spector
UBS
4 questions for SEE
Michael Roxland
Truist Securities
4 questions for SEE
Arun Viswanathan
RBC Capital Markets
3 questions for SEE
Christopher Parkinson
Wolfe Research
3 questions for SEE
George Staphos
Bank of America
3 questions for SEE
Ghansham Panjabi
Robert W. Baird & Co.
3 questions for SEE
Josh Westley
Robert W. Baird & Co.
2 questions for SEE
Brian Dong
RBC Capital Markets
1 question for SEE
Josh Spector
UBS Group
1 question for SEE
Niccolo Piccini
Truist Securities
1 question for SEE
Recent press releases and 8-K filings for SEE.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for SEALED AIR CORP/DE.
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