secwatch.observer — SEC 8-K summary
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Issuer:     CROWN HOLDINGS, INC. (CCK)
CIK:        0001219601
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001219601-24-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Holdings Q1 net sales $2.78B, adj. EPS $1.02, down from $1.20; FY guidance reaffirmed
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- Net sales $2,784M vs $2,974M; income from operations $245M vs $269M YoY.
- Adjusted diluted EPS $1.02; GAAP EPS $0.56 (prior year $0.85).
- Global beverage shipments +2.5%; North America +7%, Europe +5%; segment income +11%.
- Adjusted free cash flow improved $296M; net leverage improved to 3.4x from 4.1x.
- Full-year 2024 adj. EPS guidance reaffirmed $5.80–$6.20; Q2 expected $1.55–$1.65.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1219601/000121960124000012/0001219601-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1219601/000121960124000012/cck-20240429.htm
  HTML page:      https://secwatch.observer/filing/0001219601-24-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer