Sealed Air reports Q1 non-GAAP EPS 81c, consensus 67c

Reports Q1 revenue $1.272B, consensus $1.27B. “Our Q1 results were ahead of our expectations driven by continued execution on business fundamentals. We achieved organic growth in our Food business by continuing to take share in retail end markets with our case-ready solutions, while volumes in our Protective business continued to stabilize due to our ongoing transformation efforts,” said Dustin Semach, Sealed Air’s (SEE) President and CEO. “Looking forward, we are focused on controlling the controllables, executing our transformation and supporting our customers as they navigate market uncertainties.”