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Berry Global Group reported net sales of $3.2 billion and operating income of $267 million. The company's adjusted earnings per share was $1.90. Berry continues to prioritize structural cost improvements and enhance operating efficiencies.
Net sales of $3.2 billion reported.
Operating income of $267 million reported.
Earnings per share of $1.18 reported.
Adjusted earnings per share of $1.90 reported.
Berry expects a transition to a more normal operating environment with the easing of inflationary pressures on consumers, and they anticipate sequential volume growth improvement across all four segments in the fourth fiscal quarter.
Visualization of income flow from segment revenue to net income