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The combined impacts and headwinds for WRK are expected to bring about a fiscal-year 2024E impact of negative 20% YoY on the EPS side - that's in addition to the 36%+ adjusted EPS drop in fiscal 2023.5 equities research analysts have issued twelve-month target prices for WestRock's stock. Their WRK share price targets range from $37.00 to $57.00. On average, they predict the company's share price to reach $47.60 in the next year. This suggests that the stock has a possible downside of 12.1%.Jan 25, 2024 · The North Carolina location produces healthcare packaging, and production will be retained within WestRock’s mill network. “The capital investment required to keep the facility competitive is better deployed in other business assets,” Johnson said. The earliest date for layoffs would be March 18, and operations are expected to cease mid-May.Wachtell, Lipton, Rosen & Katz served as legal counsel to Westrock Coffee. 2023 Preliminary Results and Conference Call Information. In connection with today's announcements, the Company is ...WestRock Services, LLC (May 2, 2023) The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100 or more employees to provide 60 calendar-day advance notification of planned closings and mass layoffs of employees. Find the lists of companies who have issued WARN notices. ... May 2, 2023: …Covington, VA (March 29, 2023) - WestRock just released the following public statement after a Journal inquiry made earlier today: "As a company, we match our production with our customers’ demand. Market conditions are very dynamic, and we see some uncertainty in orders from our customers in some markets.December 8, 2023 2023 WESTROCK ANNUAL REPORT AND 2024 PROXY STATEMENT (opens in new window) 7.36 MB. Related Links. Corporate Governance | SEC Filings | Contact Information. Email Alerts. Email Address * Mailing Lists * Press Release: SEC Filing: Presentation: Event: EOD Stock Quote: Financial Report : Enter the code shown above. *Covington, VA (March 29, 2023) - WestRock just released the following public statement after a Journal inquiry made earlier today: "As a company, we match our production with our customers' demand. ... we anticipate the downtime will be spread across all three paper machines and will likely include layoffs of two to three days and select ...Q3 FY23 Key Highlights. Sales and earnings in Q3 FY23. Net sales of $5.121 billion. Consolidated Adjusted EBITDA(1) of $802 million. Consolidated Adjusted EBITDA margin(1) of 15.7%. Adjusted EPS(1) of $0.89 per share. Corrugated Packaging Adjusted EBITDA increased 11.6% and Adjusted EBITDA margin(2) increased 60 basis points to 17.4%.www.westrock.comIn the fourth quarter of 2023, our Beverage Solutions segment contributed $175.1 million of net sales, which is a decrease of approximately 9% compared to the fourth quarter of 2022.WestRock Co. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. ... 2023 5-year trend; Capital Expenditures-1.14 B: Free Cash Flow +685.80 M: Cash Flow Per Share ...5 equities research analysts have issued twelve-month target prices for WestRock's stock. Their WRK share price targets range from $37.00 to $57.00. On average, they predict the company's share price to reach $47.60 in the next year. This suggests that the stock has a possible downside of 12.1%.PUBLISHED: September 20, 2023 at 8:10 p.m. | UPDATED: September 20, 2023 at 8:11 p.m. Packaging manufacturer WestRock will close its Fridley plant in coming months, …Updated:5:27 PM CDT September 20, 2023. FRIDLEY, Minn. — A packaging company in Fridley that employs dozens of workers will be permanently closing. About 70 WestRock Company employees were told ...Microsoft is announcing big job cuts today, affecting 10,000 employees. In a memo, Microsoft CEO Satya Nadella says the company will be "making changes that will result in the reduction of our ...A recent May 3 WARN notice reported the following South Carolina companies are planning layoffs: TELUS International – Charleston County. Transdev – Charleston County. WestRock Services, LLC ...Listen to the article 2 min. In 2023, Packaging Dive tracked at least 9,000 packaging-related jobs affected by manufacturing closures and layoffs. That manufacturing footprint shifts …Eric Pfanner. Smurfit Kappa Group Plc agreed to acquire WestRock Co. in an $11.2 billion deal that creates an Irish-American packaging industry powerhouse. Shareholders of Atlanta, Georgia-based WestRock will receive the equivalent of $43.51 a share in cash and stock, according to a statement on Tuesday. Investors in Dublin-based Smurfit Kappa ...WestRock Co., Atlanta, will freeze its remaining salaried and non-union hourly defined benefit plan participants to future benefit accruals effective Dec. 31, the company disclosed in its 10-K ...

Quad/Graphics Inc., a Wisconsin-based commercial printing company, will soon close a packaging plant in Leominster, Massachusetts, resulting in about 60 layoffs, the Worcester Business Journal reported. That work will be transitioned to facilities in Franklin, Wisconsin, and Spartanburg, South Carolina. Sonoco recently closed a paper mill in ...May 2023: PCA idling Wallula, Washington mill. May 2023: Graphic Packaging Tama mill to close after over 100 years in business. May 2023: Cascades: Permanent closure of a paper machine at the Niagara Falls mill. May 2023: WestRock to Close Paper Mill in North Charleston, South Carolina.Claremont, N.C., March 16, 2022 -- WestRock Company, a global manufacturer of differentiated paper and packaging solutions, broke ground yesterday on a 285,000 square foot expansion at its consumer packaging facility in Claremont. The $47 million investment was bolstered by a performance-based grant from the One North Carolina Fund and is ...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 May 11, 2023, and will be paid on May 25, 2023. About WestRock WestRock (NYSE: WRK) partners with our customers to provide sustainable paper ...

The following is the list of major layoffs, job cuts, and hiring freezes announced by leading companies in 2024. Subscribe to Intellizence to get the complete layoffs, downsizing, job cuts, and hiring freeze data curated from news sources and WARN filings.. Since January 1st, 2024, 2847+ companies have announced mass layoffs.[Last …Information regarding the lump-sum payout may or may not apply to specific employees based on factors such as mergers, acquisitions, years of service, age, or the date an employee was hired.…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. Oct 6, 2022 · WestRock Co. (NYSE: WRK), a maker of cardb. Possible cause: WestRock Company (NYSE: WRK) today announced it will permanently cease operating its.