Jabil Inc Stock Price, News & Analysis

Jabil Packaging Solutions has unveiled the Eco.bottle® product platform for VITTEL®, significantly reducing plastic use by over 50% compared to current bottles. This hybrid design incorporates 80% recycled paper and 20% recycled plastic, enhancing recycling efficiency with a patented tear strip for easy separation. The launch follows a collaboration begun in 2020, showcasing at the Tour de France from June 26 to July 18, 2021. The innovative bottle aims to address sustainability challenges in packaging and aligns with consumer expectations for responsible waste management.

Jabil Inc. (NYSE: JBL) will disclose its third quarter fiscal year 2021 financial results on June 17, 2021, before market opening. A conference call and webcast will take place at 8:30 a.m. ET on the same day to discuss the results. Investors can join via dial-in numbers or access the live audio webcast and presentation through the Investor Relations section of Jabil's website.

Jabil operates in over 100 locations across 30 countries with a workforce exceeding 260,000 employees, serving many of the world's leading brands.

Jabil (NYSE: JBL) will present at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 25, 2021, at 8:45 a.m. EST. A live audio webcast and replay will be available on Jabil's Investor Relations website, ensuring accessibility for interested parties. Jabil is a leading manufacturing solutions provider, employing over 260,000 people across 30 countries and offering extensive market experience, technical capabilities, and supply chain insights. For more information, visit Jabil's Investor Relations.

Jabil Packaging Solutions has launched a connected packaging platform aimed at enhancing user experiences for Consumer Packaged Goods (CPG) companies. This innovative platform utilizes sensors, connectivity, and cloud technologies to facilitate seamless reordering for consumers. With the growth of e-commerce and subscription services driven by the pandemic, Jabil positions itself uniquely in the market by offering comprehensive services across the connected packaging value chain. The platform aims to boost convenience and brand loyalty while addressing industry shifts and evolving consumer needs.

Jabil Inc. (NYSE: JBL) has declared a quarterly dividend of $0.08 per share, payable on June 2, 2021, to shareholders on record as of May 14, 2021. This marks a continuation of Jabil's commitment to returning value to its shareholders, having paid consecutive dividends since May 15, 2006. The company is recognized for its extensive manufacturing solutions and global reach, serving over 260,000 employees across 100 locations worldwide.

Jabil Inc. (NYSE: JBL) has priced a $500 million offering of 1.700% Senior Notes due 2026, expected to close on April 14, 2021. The proceeds will primarily be used to repay a $300 million term loan facility. Jabil continues to serve as a key manufacturing solutions provider globally, supporting leading brands with extensive market expertise and capabilities.

For more details on the offering, Jabil has filed relevant documentation with the SEC, which can be accessed online.

Jabil Inc. (NYSE: JBL) has launched a new patent pending additive material, Jabil PA 0600, designed for high-strength applications in the aerospace, automotive, and industrial sectors. Developed at their Minnesota Materials Innovation Center, this filament offers superior stiffness, durability, and safety by eliminating formaldehyde emissions during processing, making it a safer alternative to traditional Acetal plastics. Jabil’s survey highlights a growing trend in additive manufacturing, with nearly 50% of surveyed companies expecting to double their use of 3D printing for production parts in the next three to five years.

Jabil reported strong preliminary financial results for Q2 2021, achieving $6.8 billion in net revenue and $285 million in core operating income. Diversified Manufacturing Services saw a 26% year-on-year revenue growth, while Electronics Manufacturing Services faced a 1% decrease. The company provided a positive outlook for Q3, expecting revenue between $6.6 billion and $7.2 billion, with core diluted EPS projected between $0.90 and $1.10. Jabil has raised its FY21 revenue forecast to approximately $28.5 billion with core EPS around $5.