Graphic Packaging Holding (GPK)
NYSE:GPK
Want to see GPK full AI Analyst Report?
Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.42Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear strategic progress and several tangible positives (modest top-line growth, stronger innovation and sustainability momentum, Waco mill ramp, disciplined capital re-prioritization, delivery of initial cost savings and materially improved cash flow versus prior year) with meaningful near-term headwinds (a large YoY EBITDA decline, margin pressure from competitive pricing and commodity inflation, operational disruptions and one-time charges, and elevated leverage). Management reaffirmed full-year guidance and outlined a credible execution plan to improve profitability and generate substantial free cash flow, but the immediate quarter showed pronounced execution and cost/inflation challenges that must be addressed to realize the expected recovery.Company Guidance
Top-Line Growth
Net sales increased 2% year-over-year to $2.2 billion in Q1 2026, with volumes up 1% (+1% YoY) and a $50 million benefit from favorable foreign exchange.
Profitability and Margins
Adjusted EBITDA was $232 million with an adjusted EBITDA margin of 10.8% for the quarter; management reaffirmed full-year adjusted EBITDA guidance of $1.05 billion to $1.25 billion.
Improving Cash Flow Trajectory
First-quarter adjusted cash flow was negative $183 million, a meaningful improvement of $259 million versus negative $442 million in Q1 2025; full-year adjusted free cash flow guidance of $700 million to $800 million was maintained.
Operational Actions and Cost Savings
Management completed a 90-day review and began decisive actions: instituted workforce reductions (over 500 roles), disciplined capital allocation, inventory rationalization targets (reduce inventory from 20.5% of sales to 17–18% in 2026), and reaffirmed delivery of $60 million of cost savings (about $10 million realized in Q1).
Capital Allocation and Balance Sheet Plan
Committed to approximately $450 million in 2026 capital spending, a target to reduce capex to ~5% of sales or less, and a plan to pay down roughly $500 million of debt in 2026 while maintaining the dividend.
Innovation and Sustainability Momentum
Innovation sales contributed $42 million in the quarter; filed 13 new patents (bringing the portfolio to ~3,100). Multiple sustainability product wins and awards highlighted (PaperSeal Shape ~80% plastic reduction per tray; Produce Pack Pet tray eliminating >17 million plastic trays annually; WorldStar and PAC Global awards).
Waco Mill Ramp and Energy Strategy
Waco recycled paperboard mill ramping ahead of plan with customer qualifications progressing; cogeneration projects nearing completion. Executed a virtual power purchase agreement for a 250 MW West Texas solar project to support renewable electricity and long-term emission targets.
Portfolio Simplification and Noncore Divestiture
Agreement reached to divest noncore assets in Croatia (expected to close in Q2) and cancellation of lower-return capital projects (automated roll warehouses), avoiding approximately $200 million of future capex.
GPK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GPK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $9.56 | $10.73 | +12.24% |
Feb 03, 2026 | $14.61 | $12.28 | -15.97% |
Nov 04, 2025 | $15.38 | $16.74 | +8.87% |
Jul 29, 2025 | $22.59 | $21.93 | -2.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Graphic Packaging Holding (GPK) report earnings?
Graphic Packaging Holding (GPK) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).
What is Graphic Packaging Holding (GPK) earnings time?
Graphic Packaging Holding (GPK) earnings time is at Jul 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GPK EPS forecast?
GPK EPS forecast for the fiscal quarter 2026 (Q2) is 0.14.