secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001628280-26-029130
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif Q2 adjusted EBITDA up 7.5% to $156.8M, but GAAP net income down 32.3%
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- Net income $12.6M ($0.22 diluted EPS) vs $18.6M ($0.32) a year ago; adjusted net income $62.7M ($1.10) up 57.5%.
- Adjusted EBITDA $156.8M vs $145.9M; adjusted free cash flow $179.3M, up $92.7M.
- Completed $150M share repurchase program; refinanced debt with $500M term loans and $800M revolver at 3.14%.
- Leverage ratio improved to 1.1x from 3.3x; net debt $719.8M; achieved $75M run-rate cost optimization.
- CEO notes subdued demand, conservative outlook, and geopolitical uncertainty; containerboard divestment closed Aug 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000162828026029130/0001628280-26-029130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000162828026029130/gef-20260501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-029130

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