PKG Stock Recent News

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - ParcelPal Logistics Inc. (OTC Pink: PTNYF) (CSE: PKG) (FSE: PT0) (the "Company" or "ParcelPal"), is providing an update on the status of a management cease trade order (the "MCTO") application that was announced on April 16, 2024 (the "Announcement") with its principal regulator, the British Columbia Securities Commission, who issued the MCTO on May 1, 2024. The Company applied for the MCTO in order to secure additional time for the Company to file its audited annual financial statements and the related management's discussion and analysis for the fiscal year ended December 31, 2023, (the "Annual Filings"), which were originally due on April 29, 2024.

Low consumer spending amid inflationary pressures dampens the near-term prospects for the Zacks Containers-Paper and Packaging industry. However, the likes of PKG, AMCR, ATR, SEE and GEF are poised well to tackle the challenges.

Packaging Corp (PKG) benefits from strong growth in e-commerce activities despite elevated costs and low containerboard volume.

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - ParcelPal Logistics Inc. (OTC Pink: PTNYF) (CSE: PKG) (FSE: PT0) (the "Company" or "ParcelPal"), is providing an update on the status of a management cease trade order (the "MCTO") application that was announced on April 16, 2024 (the "Announcement") with its principal regulator, the British Columbia Securities Commission, who issued the MCTO on May 1, 2024. The Company applied for the MCTO in order to secure additional time for the Company to file its audited annual financial statements and the related management's discussion and analysis for the fiscal year ended December 31, 2023, (the "Annual Filings"), which were originally due on April 29, 2024.

Investors interested in stocks from the Containers - Paper and Packaging sector have probably already heard of Greif (GEF) and Packaging Corp. (PKG). But which of these two companies is the best option for those looking for undervalued stocks?

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - ParcelPal Logistics Inc. (OTC Pink: PTNYF) (CSE: PKG) (FSE: PT0) (the "Company" or "ParcelPal"), is providing notice that it has formally engaged a new auditor, and is also providing a further update on the status of a management cease trade order (the "MCTO") that the British Columbia Securities Commission issued on May 1, 2024, each of which is more fully described below. The Company is pleased to announce that it has changed its auditor from BF Borgers CPA, PC ("BF Borgers") to Turner, Stone & Company, L.L.P.

Packaging Corporation of America NYSE: PKG had a solid quarter but gave tepid guidance, sending the shares down by 4%. The move is ugly at face value, but, as they say, it's in the eye of the beholder.

Packaging Corporation of America (NYSE:PKG ) Q1 2024 Earnings Call Transcript April 23, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman and CEO Tom Hassfurther - EVP, Corrugated Products Bob Mundy - CFO Conference Call Participants George Staphos - Bank of America Securities Nicco Piccini - Truist Mark Weintraub - Seaport Research Partners Gabe Hajde - Wells Fargo Anthony Pettinari - Citi Philip Ng - Jefferies LLC Ryan Fox - Bloomberg Operator Good morning, everyone, and thank you for joining Packaging Corporation of America's First Quarter 2024 Earnings Results Conference Call. Your host today will be Mark Kowlzan, Chairman, Chief Executive Officer of PCA.

Packaging Corp's (PKG) Q1 top line reflects higher volume in both segments, offset by lower price and mix.

While the top- and bottom-line numbers for Packaging Corp. (PKG) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.