EarningsPKG’s July billings rose +2% Y/Y, likely outperforming the industry as in 1Q (+2.5%) & 2Q (+1.7%).
Market PositionThe GEF acquisition raises PKG's recycled mix from ~20% to ~30%, potentially increasing its market share from 12% to 15%.
Operational EfficiencyThe Glendale, AZ box plant started up ahead of schedule and below budget, enhancing PKG’s capacity to serve the market.