Berry Plastics Group (BERY) Tops Q3 EPS by 15c

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Berry Plastics Group, Inc. Reports Third Quarter Fiscal 2016 Results

August 9, 2016 8:31 AM EDT

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Berry Plastics Group, Inc. (NYSE: BERY) today reported results for its third fiscal 2016 quarter, referred to in the following as the June 2016 quarter.

Highlights

Reported record net sales of $1,645 million for the June 2016 quarter compared to $1,241 million in the June 2015 quarter Recorded operating income of $179 million in the June 2016 quarter, an increase of 48 percent compared to the prior year quarter Posted Operating EBITDA of $316 million (19.2 percent of net sales) in the June 2016 quarter compared... More