WestRock (WRK) Tops Q4 EPS by 5c, Revenues Beat
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WestRock Reports Fiscal 2020 Fourth Quarter Results
November 5, 2020 6:30 AM ESTATLANTA--(BUSINESS WIRE)-- WestRock Company (NYSE: WRK), a leading provider of differentiated paper and packaging solutions, today announced results for its fiscal fourth quarter and year ended September 30, 2020.
Notable items in the fourth quarter of fiscal 2020 include:
Net sales of $4.5 billion increased sequentially by 5.6% and decreased by 3.9% compared to the prior year quarter Packaging volumes increased sequentially 6.9% and 2.4% compared to the prior year quarter Consumer Packaging reporting unit recorded a non-cash goodwill impairment of $1.3 billion, or $5.06 per diluted share, driven by expected lower volumes... More