Greif, Inc. Q3 2026 Earnings Release

Greif, Inc. reported its fiscal third quarter 2026 financial results, announcing a significant increase in net income by 156.7% to $78.8 million, or $1.37 per diluted Class A share. Adjusted EBITDA also saw a substantial rise of 24.7% to $183.4 million. The company highlighted strategic actions including a 10.7% increase in quarterly dividends, approval of a new share repurchase plan, and the completion of a bolt-on acquisition of Envaplast. Greif is focused on structural improvements, cost optimization, and disciplined capital allocation, aiming for at least $120 million in cumulative run-rate savings by the end of fiscal year 2027. Despite a challenging industrial environment and ongoing geopolitical uncertainties, the company reported sequential improvement across its business segments and reaffirmed its fiscal 2026 outlook for Adjusted EBITDA ($615-$635 million) and Adjusted free cash flow ($305-$325 million).