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Graphic Packaging reports Q2 adjusted EPS 42c, consensus 40c

Reports Q2 revenue $2.2B, consensus $2.16B. Michael Doss, the company’s president and CEO said, “Promotional activity drove modestly better than expected volumes in the second quarter. Conversations with our customers suggest potential for increased emphasis on volume growth and protecting share in the year ahead. As these customers refine their strategies, we are working closely with them to support their plans. With our Waco, Texas recycled paperboard investment nearing completion, our capital spending will decline sharply in 2026, and we expect to generate cash well in excess of our internal needs for years to come. We expect to return substantial cash to stockholders through dividends and share repurchase, and reach investment grade over time. Investments like Waco and Kalamazoo, and our world-class innovation platform have positioned Graphic Packaging (GPK) as the supplier of choice for many of the world’s largest consumer staples companies, quick service restaurants, and retailers.”

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