Greif (GEF.B) reported fiscal third-quarter 2026 net sales of $1.1656 billion, up from $1.1259 billion a year earlier. Net income attributable to Greif was $77.8 million, compared with $54.8 million in the prior-year quarter.
The company said continuing-operations net income rose to $78.8 million, or $1.37 per diluted Class A share. Greif also increased its quarterly dividend, announced plans to begin share repurchases under its authorization, and completed the Envaplast acquisition on June 2, 2026.
- Net sales were $1.1656 billion for the three months ended June 30, 2026.
- Net income attributable to Greif was $77.8 million, while Class B basic and diluted earnings per share were $2.05.
- Adjusted EBITDA increased 24.7% to $183.4 million.
- Operating cash flow was $77.8 million, and adjusted free cash flow was $57.7 million.
- Total debt decreased to $1.0304 billion, net debt declined to $741.9 million, and the leverage ratio was 1.1x.
- Dividend payments were declared at $0.62 per Class A share and $0.93 per Class B share.
- Fiscal 2026 outlook calls for adjusted EBITDA of $615 million to $635 million and adjusted free cash flow of $305 million to $325 million.
