---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-21-000061"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2021-09-03T23:59:59+00:00"
generated_at: "2026-06-29T05:55:03.668596+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Greif reports record Q3 sales $1.49B, EPS $1.89; CEO to retire Feb 2022; raises guidance

## Summary
- Net sales $1,490.8M (record), up 37.6% YoY; net income $113.0M ($1.89/diluted A share) vs $20.7M ($0.35) prior year.
- Adjusted EBITDA record $237.8M, up 49.2% YoY; leverage ratio improved to 2.8x from 3.7x.
- CEO Pete Watson to retire Feb 1, 2022; COO Ole Rosgaard to succeed; Michael Gasser not standing for re-election; Watson to become Executive Chairman.
- Quarterly dividend increased: $0.46/Class A share (+$0.02), $0.69/Class B share (+$0.03); payable Oct 1, 2021.
- Fiscal 2021 guidance raised for EPS before adjustments and adjusted free cash flow.

## SEC filing metadata
- accession: 0000043920-21-000061
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2021-09-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392021000061/0000043920-21-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392021000061/gef-20210903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-21-000061
- JSON: https://secwatch.observer/filing/0000043920-21-000061.json
- Plain text: https://secwatch.observer/filing/0000043920-21-000061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.