secwatch / observer
8-K filed September 26, 2024, 7:59 PM ET ticker JBL CIK 0000898293
earnings confidence high sentiment neutral materiality 0.85

JABIL INC (JBL): restructuring charge — Jabil Q4 core EPS $2.30, rev $7B; announces $1B buyback, restructuring $150-200M

JABIL INC

2024-FY EPS reported $11.17 revenue$28,883,000,000

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.7

JABIL INC announced a restructuring with charges of approximately $150 million to $200 million affecting support infrastructure, Selling, General and Administrative and manufacturing cost base (headcount reductions across our Selling, General and Administrative and manufacturing cost base).

Type
restructuring
Charge
approximately $150 million to $200 million
Affected area
support infrastructure, Selling, General and Administrative and manufacturing cost base
Headcount
headcount reductions across our Selling, General and Administrative and manufacturing cost base
Exact text from the filing
subject to consultation with the Company’s employees and their representatives. Based on the analysis done to date, the Company currently expects to recognize approximately $150 million to $200 million in pre-tax restructuring and other related costs over the course of the Company’s 2025 fiscal year. The charges relating to the 2025 Restructuring Plan are
View on SEC.gov

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JABIL INC filing history →

Source: SEC EDGAR
accession 0001193125-24-226499
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