WRK - Westrock CEO Eyes Additional Cost Savings & Driving Profitable Growth: Details | Benzinga
Westrock Company (NYSE: WRK) reported Q4 net sales of $4.98 billion, down 7.7% Y/Y, missing the analyst consensus of $5.11 billion.
Quarterly adjusted EPS of $0.81 beat the analyst consensus of $0.74.
The decline in net sales compared to the fourth quarter of fiscal 2022 was driven primarily by a $417 million, or 29.2%, decrease in Global Paper segment sales.
Consolidated Adjusted EBITDA slumped 20% Y/Y to $736 million, primarily due ...