Berry Global Group (BERY) Tops Q1 EPS by 4c, Offers Outlook

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Berry Global Group, Inc. Reports Solid First Quarter 2020 Results; Reaffirms Fiscal Year 2020 Free Cash Flow Guidance

January 31, 2020 7:30 AM EST

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Berry Global Group, Inc. (NYSE: BERY) today reported its first quarter 2020 results, referred to in the following as the December 2019 quarter.

First Quarter Highlights
(all comparisons made to the December 2018 quarter)

Net sales up 43 percent to over $2.8 billion Operating income up 13 percent to $199 million Operating EBITDA up 36 percent to $451 million Net income per diluted share of $0.35 and adjusted net income per diluted share of $0.56 Volume progression on track; Consumer Packaging-North America +3 percent in the... More