Welcome to our dedicated page for Sealed Air Cp news (Ticker: SEE), a resource for investors and traders seeking the latest updates and insights on Sealed Air Cp stock.
Sealed Air Corporation (NYSE: SEE) delivers innovative packaging solutions that protect goods, preserve food freshness, and advance sustainability across global supply chains. This news hub provides investors and industry stakeholders with verified updates on the company’s financial performance, product innovations, and environmental initiatives.
Access real-time announcements including quarterly earnings reports, strategic partnerships, and advancements in automated packaging systems. Explore coverage of SEE’s sustainable material developments under its Food Care and Product Care segments, featuring brands like Cryovac® and Bubble Wrap®.
Key updates include progress toward circular economy goals, new packaging technologies for e-commerce, and operational efficiency milestones. Content is curated to help users track market positioning, regulatory compliance efforts, and R&D investments without promotional bias.
Bookmark this page for streamlined access to SEC filings, leadership statements, and analysis of SEE’s role in shaping packaging industry standards. Check regularly for developments in material science and supply chain optimization strategies.
Sealed Air (NYSE: SEE) has announced it will release its first quarter 2025 financial results on Tuesday, May 6, 2025, at approximately 7:00 a.m. EDT. The company will follow this with a conference call and webcast at 10:00 a.m. EDT on the same day. Investors and interested parties can access the live webcast through Sealed Air's Investors homepage at ir.sealedair.com.
Sealed Air (NYSE: SEE) has announced its leadership team's participation in two major financial conferences. Dustin Semach, President and CEO, along with Roni Johnson, Interim CFO, will attend:
- The Bank of America 2025 Global Agriculture and Materials Conference in Fort Lauderdale, FL on February 27, 2025, with a fireside chat scheduled for 3:30 p.m. EST
- The Raymond James 46th Annual Institutional Investors Conference in Orlando, FL on March 4, 2025, featuring a fireside chat at 9:50 a.m. EST
Sealed Air (NYSE: SEE) reported its Q4 and full year 2024 results, highlighting significant developments and financial outcomes.
Key Highlights:
- Dustin Semach promoted to CEO.
- Completed reorganization into two market-focused businesses: Food and Protective.
- Food segment saw a 3% increase in Q4 sales, while Protective segment declined by 7%.
- Net sales for Q4 were $1.37 billion, flat compared to Q4 2023.
- Net loss for Q4 was less than $1 million, compared to net earnings of $125 million in Q4 2023.
- Adjusted EPS for Q4 decreased to $0.75 from $0.88 in the prior year.
- Adjusted EBITDA for Q4 was $271 million, down from $274 million in the prior year.
- Full year 2024 net sales were $5.39 billion, a 2% decrease from 2023.
- Full year net earnings were $270 million, down from $339 million in 2023.
- Adjusted EPS for the full year decreased to $3.14 from $3.18 in the prior year.
- Adjusted EBITDA for the full year was $1.11 billion, slightly up from $1.11 billion in 2023.
- Generated $89 million in cost savings for 2024.
- Net leverage ratio reduced to 3.6x.
- Provided a positive outlook for 2025, targeting growth and margin expansion.
Sealed Air will host a conference call on February 25, 2025, to discuss these results.
Sealed Air (NYSE: SEE) has announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on March 28, 2025, to stockholders who are on record at the close of business on March 14, 2025.
Sealed Air (NYSE: SEE) announced significant leadership changes, with Dustin Semach appointed as President and CEO, effective immediately. Semach, who previously served as President and CFO, replaces Patrick Kivits, who has stepped down from his positions as CEO and board member. Veronika "Roni" Johnson, the current Chief Accounting Officer, has been appointed Interim CFO while the company conducts an internal and external search for a permanent CFO.
Board Chairman Henry Keizer emphasized the company's focus on rebuilding its foundation through market-based business realignment and cost structure optimization. The company has recently transformed into two market-focused segments: Food and Protective. Sealed Air reaffirmed its full year 2024 financial guidance as previously announced on November 7, 2024, with fourth quarter and full year results to be reported on February 25, 2025.
Sealed Air (NYSE: SEE) has announced it will release its fourth quarter and full year 2024 results, along with its 2025 outlook, on Tuesday, February 25, 2025, at approximately 7:00 a.m. EST. The company will host a conference call and webcast at 10:00 a.m. EST on the same day. Investors can access the webcast through Sealed Air's Investors homepage.
Sealed Air (NYSE: SEE) announced its participation in the Baird 2024 Global Industrial Conference on November 12, 2024, in Chicago, IL. The event will feature a fireside chat with Dustin Semach, the President and CFO of Sealed Air, scheduled at 8:30 a.m. C.T.
Sealed Air (NYSE: SEE) reported Q3 2024 net sales of $1.35 billion, down 2.7% year-over-year. The company restructured into two verticals: Food and Protective. Food segment showed growth with net sales of $898 million (up 1%), while the Protective segment declined to $447 million (down 8%). Net earnings reached $89 million, or $0.61 per diluted share, up from $58 million ($0.40/share) last year. Adjusted EBITDA was $276 million, representing 20.5% of net sales. The company's net leverage ratio improved to 3.7x, and they updated their 2024 outlook with net sales guidance of $5.375-$5.425 billion.
Sealed Air (NYSE: SEE) has announced a quarterly cash dividend of $0.20 per common share. The dividend will be payable on December 20, 2024 to stockholders of record at the close of business on December 6, 2024. This decision was made by Sealed Air's Board of Directors, demonstrating the company's commitment to returning value to its shareholders.
Sealed Air (NYSE: SEE) has announced it will release its third quarter 2024 results on Thursday, November 7, 2024 at approximately 7:00 a.m. ET. The company will also host a conference call and webcast at 10:00 a.m. ET on the same day. Interested parties can view the events live on Sealed Air's Investors homepage at www.sealedair.com/investors.
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