WestRock

WestRock was formed in July 2015 after the merger of MeadWestvaco and RockTenn. MeadWestvaco stockholders received 0.78 shares of the combined company. Rock-Tenn stockholders chose either one share of the combined company or a specific cash amount for each of their shares.

Kapstone  is an American pulp and paper company based in Northbrook, Illinois. The company has kraft paper manufacturing facilities in Roanoke Rapids, NC, Cowpens, SC, North Charleston, SC and Longview, WA, a lumber mill in Summerville, SC, 21 corrugated box and corrugated fiberboard plants and 65 packaging distribution centers. It has approximately 6,200 employees.

Kapstone

WestRock Co. engages in the provision of fiber-based paper and packaging solutions. It operates through the following segments: Corrugated Packaging, Consumer Packaging, Global Paper, and Distribution. The Corrugated Packaging segment consists of the sale of containers and other products including displays. The Consumer Packaging segment involves the packaging products such as folding cartons, interior partitions, inserts, and labels. The Global Paper segment focuses on commercial paper operations and generates its revenues primarily from the sale of containerboard, paperboard, and specialty grades to external customers. The Distribution segment distributes packaging materials and other specialty packaging products, including stretch film, void fill, carton sealing tape, and other specialty tapes. The company was founded on March 6, 2015 and is headquartered in Atlanta, GA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q4 2024

WRK reports Q1 net sales decline, focuses on cost savings and Latin America growth

WRK faces challenges from non-cash impairment charges and unplanned downtime, but is leveraging strengths in cost savings initiatives and growth opportunities in Latin America. The company's focus on innovation and enterprise sales expansion signals a proactive approach to market changes.

WestRock reports Q2 earnings decline, focuses on transformation initiatives

WestRock's Q2 performance reflects mixed results with declines in some segments but progress in cost-saving initiatives. The company remains focused on transformation efforts, aiming for significant cost savings and revenue growth from plastics replacements.

WestRock exceeds Q3 expectations, targets $1B cost savings by 2025

WestRock's strong financial performance, focus on cost savings, strategic investments, and positive industry outlook position the company for continued growth and improved margins. Challenges in consumer packaging volumes and cash closure costs require careful management.

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WestRock Company (NYSE: WRK) aspires to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets. WestRock’s 39,000 team members support customers around the world from more than 250 operating and business locations spanning North America, South America, Europe and Asia-Pacific. MeadWestvaco announced that it would form a combined $16 billion company with RockTenn. The new company is titled WestRock.

WestRock Company (NYSE:WRK ) Q3 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Robert Quartaro - SVP, IR David Sewell - CEO Alex Pease - CFO Conference Call Participants Mike Roxland - Truist Securities George Staphos - Bank of America Merrill Lynch Gabe Hajde - Wells Fargo Mark Weintraub - Seaport Research Partners Cleve Rueckert - UBS Operator Good morning and welcome to the WestRock Third Fiscal Quarter 2023 Earnings Call. All participants will be in listen-only mode.

WestRock Company (WRK) Q3 2023 Earnings Call Transcript

The headline numbers for WestRock (WRK) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, WestRock (WRK) Q3 Earnings: A Look at Key Metrics

WestRock (WRK) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $1.54 per share a year ago.

WestRock (WRK) Q3 Earnings Surpass Estimates

ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal third quarter ended June 30, 2023. Third Quarter Highlights and other notable items: Net sales of $5.121 billion Net income of $202 million, Adjusted Net Income of $229 million Earned $0.79 per diluted share (“EPS”) and $0.89 of Adjusted EPS Consolidated Adjusted EBITDA of $802 million; Corrugated Packaging segment Adjusted EBITDA increas.

WestRock Reports Fiscal 2023 Third Quarter Results; Strong Results in a Dynamic Environment

ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK) today announced it will permanently cease operating its paper mill in Tacoma, Washington, and will conclude production by September 30, 2023. WestRock is committed to improving its return on invested capital as well as maximizing the performance of its assets. The combination of high operating costs and the need for significant capital investment were the determining factors in the decision to cease operations at the mill. “WestRock is work.

WestRock Announces Plans to Close Tacoma, Wash., Paper Mill

ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK) today reported that its board of directors declared a quarterly dividend of $0.275 per share on its common stock. The quarterly dividend of $0.275 per share will be paid to stockholders of record as of the close of business on August 10, 2023, and will be paid on August 24, 2023. About WestRock WestRock (NYSE: WRK) partners with our customers to provide sustainable paper and packaging solutions that help them win in the marketplace. WestRoc.

WestRock Announces Quarterly Dividend of $0.275 Per Share

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Buy 5 Fortune 500 Industry Leaders In July-August And Watch 4 More

On July 25, 2023, WestRock Co ( WRK , Financial) experienced a gain of 4.88%, with its stock price reaching $32.26. Despite a market cap of $8.3 billion and sales of $21.1 billion, the company reported a Loss Per Share of $-4.86.

WestRock Co (WRK): A Possible Value Trap? An In-Depth Analysis

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ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK) today announced that it will host a conference call to discuss third quarter fiscal 2023 results, as well as other topics, on Thursday, August 3, 2023, at 8:30 a.m. ET. A press release detailing the Company's third quarter fiscal 2023 results will be issued before the market opens and prior to the call. The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be acces.

WestRock Announces Conference Call to Discuss Third Quarter Fiscal 2023 Results

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The June/July 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by revenue. To sniff out the best dividend buys, I focused on 68 industry leaders using YCharts 6/22/23 data. Those 68 industry leaders were segmented into 21 business sectors ranging (alphabetically) from apparel to transportation. 58 dividend yielding stocks highlighted those 68 industry leaders and ranged 0.17% to 9.71% in annual yield and ranged -48.62% to 44.50% in broker-estimated one-year price-target-upsides by YCharts 6/22/23 reckoning.

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The author's May dividend income reached $883, a 20.25% increase compared to May 2022. Banks contributed 22.4% of the May dividend income, with a total of $198.05. The AT&T dividend cut in 2021 still impacts the author's dividend income, preventing them from crossing the $1,000 mark.

Bert's May 2023 Dividend Income Summary

WestRock's total return to shareholders has been very disappointing ever since the company's formation in 2015 following the merger of MeadWestvaco and Rock Tenn. WestRock has pitched a transformation story to investors under the leadership of David B. Sewell, the former CEO of Sherwin-Williams.

WestRock Company: A Transformation Story Worth Looking At

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We have not removed or added any companies to the list since the last update mid-April. We have seen Telecom REITs and oil names become more attractively priced in the last 2-4 weeks.

Undervalued Dividend Stocks Watchlist - May 8th Update

WestRock (WRK) witnesses a year-over-year decline in earnings and revenues in the second quarter of fiscal 2023 owing to lower volumes and higher costs.

WestRock (WRK) Q2 Earnings Surpass Estimates, Sales Lag

WestRock Company (NYSE:WRK ) Q2 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants Robert Quartaro - Senior Vice President, Investor Relations David Sewell - Chief Executive Officer Alex Pease - Chief Financial Officer Conference Call Participants Anthony Pettinari - Citi Gabe Hajde - Wells Fargo George Staphos - Bank of America Mike Roxland - Truist Mark Weintraub - Seaport Cleve Rueckert - UBS Operator Good morning and welcome to the WestRock Second Fiscal Quarter 2023 Earnings Call. All participants will be in silence-only mode.

WestRock Company (WRK) Q2 2023 Earnings Call Transcript

WestRock (WRK) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $1.17 per share a year ago.

WestRock (WRK) Tops Q2 Earnings Estimates

ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal second quarter ended March 31, 2023. Second Quarter Highlights and other notable items: Net sales of $5.3 billion Net loss of $2.0 billion, included a $1.9 billion pre-tax, non-cash goodwill impairment and $445 million of pre-tax restructuring and other costs; Adjusted Net Income of $198 million Simplifying our portfolio to streamline our.

WestRock Reports Fiscal 2023 Second Quarter Results; Transformation Progressing Well

ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK) today announced it will permanently cease operating its paper mill in North Charleston, South Carolina, on August 31, 2023. “WestRock and its predecessor companies have had a long history in the region operating the North Charleston mill, and the contributions of the team members over the years have been greatly appreciated,” said David B. Sewell, chief executive officer at WestRock. “The decision to close a facility and impact the lives of.

WestRock to Close Paper Mill in North Charleston, South Carolina

WestRock's (WRK) Q2 results are likely to reflect the recent weakness in packaging demand, lower shipping days and the impacts of maintenance downtime.

WestRock (WRK) Gears Up for Q2 Earnings: What to Expect?

The paper industry is highly cyclical, and it's now experiencing a downturn. WestRock is one of the largest players in the industry, heavily dependent on the US market. Recent performance has been below expectations.

WestRock: Take Advantage Of The Cyclicality And Potential Turnaround

ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK) today announced that it will host a conference call to discuss second quarter fiscal 2023 results, as well as other topics, on Thursday, May 4, 2023, at 8:30 a.m. ET. A press release detailing the Company's second quarter fiscal 2023 results will be issued before the market opens and prior to the call.

WestRock Announces Conference Call to Discuss Second Quarter Fiscal 2023 Results

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Dividend investing happens, whether the stock market is up or down, whether the Fed raises interest rates or lowers. It's all about buying dividend income-producing stocks – the best source of passive income source on your journey to financial freedom.

Dividend Stock Watch List: Lanny's March 2023 Edition

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Investing in dividend stocks allows you to earn dividend income, the best passive income stream. As I stated in my December 2022 post, 2022 finished off down, ending up below 3,900! The market was down 20% for 2022.

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News for WestRock Stock (WRK)