Graphic Packaging Holding Co reported results for 2026 with net sales essentially flat year over year at $2.19B and diluted EPS of $0.08, while net income declined to $24M from $104M in the prior year period.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$2.19B$2.2B(0.7%) | Net income²$24M$104M(76.9%) | Diluted EPS³$0.08$0.34(76.5%) |
¹ Reported as “Net Sales”. ² Reported as “Net Income (Loss)”. ³ Reported as “Net Income (Loss) Per Share - Diluted”.
Business Highlights
- Revenue trend: Net sales were roughly flat year to date versus 2025 (+$20M); Q2 declined about 1% due to lower pricing despite stable volumes. Innovation sales grew $82M year to date driven by sustainable packaging conversions.
- Channel and market mix: Strength in food and health & beauty channels offset weaker foodservice and household demand; beverage volumes were largely flat.
- Operations: Income from operations was lower due to pricing pressure, commodity and labor inflation, higher maintenance costs, weather impacts and production curtailments.
- Milestones and actions: The Waco project reached completion reducing start-up costs; the company completed closures/sales of several paperboard facilities and finalized a divestiture in Croatia.
Original SEC Filing:
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