secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0000043920-23-000056
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif reaffirms FY2023 adjusted EBITDA guidance of $790M-$820M; notes ongoing volume softness
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- Reaffirmed FY2023 adjusted EBITDA guidance range of $790M to $820M.
- Global Industrial Packaging (GIP) volumes soft in all regions, no positive inflection through October; steel cost declines pressure margins.
- Paper Packaging & Services (PPS) converting and mill volumes down mid-single digits YoY through Q4; containerboard volumes improved in October but OCC costs rising.
- Fiscal Q4 2023 results to be reported after market close on December 6, 2023; conference call on December 7.
- Company presenting at Baird Global Industrial Conference on November 8, 2023; materials accessible on website.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000004392023000056/0000043920-23-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000004392023000056/gef-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000043920-23-000056

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