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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sealed Air Corporation | NYSE:SEE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.97 | 2.73% | 36.56 | 36.74 | 35.64 | 35.93 | 300,148 | 18:12:10 |
Sealed Air Corp. on Tuesday said currency exchange-rate moves boosted sales in the third quarter and are likely to give a bump to full-year sales.
The Charlotte, N.C., packaging company said sales rose 14% in the third quarter to $1.4 billion, with a favorable currency impact chipping in $12 million, or about 1%, to net sales growth.
Sealed Air said currency fluctuations had a favorable impact of $3 million, or 1%, on third-quarter adjusted earnings before interest, taxes, depreciation and amortization.
For the full year, Sealed Air said it expects net sales of about $5.5 billion, up about 12% as reported or roughly 11% in constant currency.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 02, 2021 11:00 ET (15:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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