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Second Quarter 2024 Highlights and Financial Results Patrick Kivits joined Sealed Air as Chief Executive Officer Dustin Semach promoted to President and Chief Financial Officer Volume growth in Food driven by strong end-market demand Protective volume weakness now expected to persist throughout 2024 into 2025 CTO2Grow on track to generate $90 million of incremental cost savings for full-year 2024 Strong generation of cash flow from operations and continued debt reduction ($ millions, except per share data) GAAP Results Second Quarter 2024 2023 Reported △% Constant Currency △% Net Sales $1,345.1 $1,380.8 (2.6) % (1.7) % Net Earnings $97.8 $93.9 4.2 % Diluted EPS $0.67 $0.65 3.1 % Cash Flow from Operations (YTD) $313.3 $(6.6) Non-GAAP Results Second Quarter 2024 2023 Reported △% Adjusted EBITDA $285.5 $280.3 1.9 % Adjusted Net Earnings $120.7 $115.5 4.5 % Adjusted Diluted EPS $0.83 $0.80 3.7 % Free Cash Flow (YTD) $207.5 $44.7(1) ____________________ (1) 2023 exclude
Sealed Air's (SEE) Q2 results are likely to reflect the impacts of lower volumes, owing to recessionary pressures, offset by strategic initiatives.
Evaluate the expected performance of Sealed Air (SEE) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
CHARLOTTE, N.C. , July 23, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share.
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CHARLOTTE, N.C. , July 1, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that it will release its second quarter 2024 results at approximately 7:00 a.m.
CHARLOTTE, N.C., June 28, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the "Issuers"), the closing of their previously announced offering of $400 million aggregate principal amount of 6.500% senior notes due 2032 (the "Notes").
CHARLOTTE, N.C. , June 24, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced that its previously announced cash tender offer (the "Tender Offer") for any and all of its 5.500% senior notes due 2025 (the "Notes") expired at 5:00 p.m.
CHARLOTTE, N.C., June 24, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced the total consideration (the "Total Consideration") relating to its previously announced cash tender offer (the "Tender Offer") for any and all of its 5.500% Senior Notes due 2025 (the "Notes") is $998.77 for each $1,000 principal amount of the Notes validly tendered and not validly withdrawn and accepted for purchase pursuant to the Tender Offer.
CHARLOTTE, N.C. , June 17, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the "Issuers"), the pricing of the Issuers' offering of 6.500% senior notes due 2032 (the "Notes").