Sealed Air Swings to 4Q Profit as Sales Climb

Dow Jones03-02

By Connor Hart

Sealed Air swung to a profit in the fourth quarter as sales rose.

The maker of Bubble Wrap posted a profit of $43.8 million, or 30 cents a share, compared with a loss of $7.3 million, or 5 cents share, a year earlier.

Stripping out one-time items, earnings were 77 cents a share. Analysts polled by FactSet expected adjusted earnings of 73 cents a share.

Sales climbed 2.1% to $1.4 billion, ahead of the $1.34 billion that Wall Street modeled.

The company's food segment notched a 2% increase in sales, while its protective unit logged a 3% gain. Volumes slipped by less than 1%, while price was essentially flat, Sealed Air said.

The Charlotte, N.C., company in November struck a deal to be acquired by private-equity firm Clayton Dubilier & Rice for about $6.2 billion in cash. The transaction carries a value of about $10.3 billion including debt and is slated to close in mid-2026, after which Sealed Air will become a privately held company.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 02, 2026 07:21 ET (12:21 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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