Greif Inc. Reports Decline in Q3 Net Sales to $1.13B, Net Income Drops to $69.4M; Combined Adjusted EBITDA Increases to $220.9M
Greif Inc. has released its unaudited financial results for the third quarter of fiscal 2025. The company reported net sales of $1.1347 billion, a decrease from $1.1649 billion in the same period of 2024. For the nine months ended July 31, 2025, net sales were $3.2318 billion compared to $3.2479 billion in the prior year. Net income from continuing operations for the third quarter was $44.7 million, down from $84.5 million in the same quarter last year. For the nine-month period, net income from continuing operations was $76.8 million, a decline from $207.7 million in 2024. Including discontinued operations, the total net income for the third quarter was $69.4 million, compared to $93.6 million in the previous year. For the nine months, total net income was $138.3 million, down from $219.9 million in 2024. The company also reported a combined adjusted EBITDA of $220.9 million for the third quarter, up from $199.4 million in the previous year, and $579.9 million for the nine-month period, an increase from $506.1 million in 2024. No specific future outlook or guidance was provided in the release.
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