Welcome to our dedicated page for Crown Holdings news (Ticker: CCK), a resource for investors and traders seeking the latest updates and insights on Crown Holdings stock.
Crown Holdings, Inc. (NYSE: CCK) generates a steady flow of news related to its role as a global supplier of rigid packaging products and transit and protective packaging solutions. Company releases describe how Crown, through its subsidiaries, serves consumer marketing companies and a broad range of end markets with metal packaging, including beverage cans, food cans, closures, aerosol cans and protective transport packaging.
News coverage for CCK commonly features quarterly earnings announcements, where Crown reports net sales, income from operations, segment income and adjusted non-GAAP measures such as adjusted diluted earnings per share, adjusted free cash flow and adjusted net leverage ratio. These releases often include detailed segment information for Americas Beverage, European Beverage, Asia Pacific, Transit Packaging and other operations, along with commentary on performance drivers in each area.
Investors following Crown Holdings’ news will also see capital markets and financing updates. Recent press releases and Form 8-K filings describe offerings of senior unsecured notes by Crown European Holdings S.A., tender offers for 7 3/8% debentures due 2026, and redemptions of both U.S. dollar and euro-denominated notes due 2026. These items provide insight into how the company manages its debt structure, refinances obligations and addresses upcoming maturities.
Additional news items include dividend declarations, with the Board of Directors announcing quarterly cash dividends per share, and scheduling of earnings conference calls and webcasts. These calls give further context on results, segment trends and the company’s use of non-GAAP measures, and are highlighted in advance through dedicated press releases.
This news page for CCK brings together these earnings reports, financing announcements, dividend declarations and conference call notices in one place, allowing readers to review the company’s recent disclosures and developments. Users interested in Crown Holdings’ financial performance, capital structure and packaging operations can consult this feed for the latest official updates released by the company.
Crown Holdings (NYSE: CCK) has announced the pricing of $700 million in senior unsecured notes due 2033, issued at par through its subsidiary Crown Americas LLC with a 5.875% interest rate. The notes will be unconditionally guaranteed by Crown and certain subsidiaries. The company plans to use the proceeds, along with cash on hand and borrowings from its senior secured revolving credit facility, to repay its 4.750% senior notes due 2026.
The notes will be issued through a private placement and resold to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The notes have not been registered under the Securities Act and cannot be offered or sold in the United States without registration or an applicable exemption.
Crown Holdings (NYSE: CCK) has announced plans to offer $500 million in senior unsecured notes due 2033 through its subsidiary Crown Americas LLC. The company intends to use the proceeds, along with cash on hand and borrowings from its senior secured revolving credit facility, to repay its 4.750% senior notes due 2026 and cover related expenses.
The notes will be issued through a private placement and resold to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption.
Crown Holdings (NYSE: CCK) has announced a quarterly cash dividend of $0.26 per share. The dividend will be paid on May 29, 2025, to shareholders who are on record as of May 15, 2025. This dividend declaration represents the company's continued commitment to returning value to shareholders through regular dividend payments.
Crown Holdings reported strong Q1 2025 results, with diluted earnings per share rising to $1.65 from $0.56 in 2024. The company's adjusted diluted earnings increased 64% to $1.67, while segment income improved 29% to $398 million.
Key highlights include:
- Net sales reached $2,887 million, up from $2,784 million in Q1 2024
- Beverage can segment income climbed 24% due to strong volumes in Brazil and Europe
- Returned $233 million to shareholders, including $203 million in share repurchases
- North American beverage can volumes grew in low-single digits
The company raised its 2025 outlook, projecting:
- Q2 adjusted earnings of $1.80 to $1.90 per share
- Full-year adjusted earnings guidance of $6.70 to $7.10 per share
- Expected adjusted free cash flow of $800 million
- Capital spending of approximately $450 million
Management remains optimistic about beverage can demand, noting their position as the most sustainable beverage packaging option with 80% share in new product introductions.
Crown Holdings (NYSE: CCK), a global leader in consumer and industrial packaging products, has scheduled its first quarter 2025 earnings release for Monday, April 28, 2025, after NYSE trading hours. The company will host a conference call to discuss the results on Tuesday, April 29, 2025, at 9:00 a.m. EDT.
Investors can join the call using dial-in numbers (630) 395-0194 or toll-free (888) 324-8108 with the access password 'packaging'. A replay will be available until May 6, 2025, via (203) 369-3270 or toll-free (800) 395-6236. Additionally, a live webcast will be accessible through the company's website at www.crowncork.com.
Crown Holdings (NYSE: CCK) has partnered with botanical soda brand Moment to enhance the sustainability of their beverage packaging. The collaboration involves transitioning from shrink-wrapped aluminum cans to directly printed cans for six of Moment's popular products, improving package circularity and environmental impact.
Moment, a female and minority-owned company that appeared on Shark Tank, has experienced 400% growth and offers non-alcoholic, low-calorie beverages with no added sugar. Their products, including flavors like Sparkling Blackberry Lavender and Still Blueberry Ginger, contain South Asian-inspired ingredients such as ashwagandha and L-theanine for stress relief and mental clarity.
The new packaging will utilize 12-oz CrownSleek cans and will be available nationwide by early 2025, with initial rollout in the Midwest and Northeast, followed by West Coast distribution.
Crown Holdings (NYSE: CCK) has announced a quarterly cash dividend declaration. The Board of Directors has approved a dividend payment of $0.26 per share, which will be distributed on April 1, 2025. Shareholders who are recorded in the company's books as of March 18, 2025 will be eligible to receive this dividend payment.
Crown Holdings (NYSE: CCK) reported strong Q4 and full-year 2024 results. Q4 highlights include diluted EPS of $3.02 and adjusted diluted EPS up 28% to $1.59. Full-year performance showed diluted EPS of $3.55 and adjusted diluted EPS increasing 9% to $6.41.
The company achieved record adjusted free cash flow of $814 million and reduced net debt by $878 million, reaching an adjusted net leverage ratio of 2.7x. Global beverage can volumes grew 4% in Q4, with Europe and North America showing strong growth of 8% and 7% respectively. Q4 net sales were $2,903 million, while full-year net sales reached $11,801 million.
Looking ahead to 2025, Crown expects adjusted diluted EPS between $6.60-$7.00 and adjusted free cash flow of approximately $800 million, with planned capital spending of $450 million. Q1 2025 adjusted diluted EPS is projected at $1.20-$1.30.