CROWN HOLDINGS, INC. ELECTS MICHAEL DOSS TO ITS BOARD OF DIRECTORS [Accessibility Statement] Skip NavigationTAMPA, Fla., Feb. 26, 2026 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that packaging industry executive Michael P. Doss has been elected to its Board of Directors, effective March 3, 2026. The Board now has ten members.Mr. Doss most recently served as President, Chief Executive Officer and Director of Graphic Packaging Corporation, a leading NYSE-listed global manufacturer of pac ...

For instance, scope 1 and 2 emissions, we have defined a 50% reduction by 2030, and water usage was a 2025 target of 20%. The more you grow, the more you will use energy and water. So if you need to decrease that in absolute terms, you need to be even more ambitious in terms of production for cans.SANDRINE DUQUERROY-DELESALLE: We are including that growth into our strategy, because most of our targets for sustainability are absolute. So if we grow, we still need to reduce our GHG emissions, our water usage ...

Core Insights - Crown Holdings, Inc. is a leading global supplier of packaging products, specializing in metal packaging for various consumer goods [1] - The company competes with major players like Ball Corporation and Ardagh Group, known for its innovative solutions and strong market presence [1] Insider Activity - Gifford Gerard H, Executive Vice President and Chief Accounting Officer, sold 13,373 shares at approximately $113.98 each, retaining 106,310 shares, indicating confidence in the company's future [2] - CEO Timothy Donahue sold 7,500 shares at an average price of $110.67, totaling around $830,000, reducing his ownership by 1.56% while still holding shares valued at approximately $52.5 million [3] Stock Performance - Crown Holdings' stock opened at $114.80, reflecting a 0.97% increase, with trading between $113.10 and $114.96 [4] - Over the past year, the stock has experienced significant volatility, with a low of $75.90 and a high of $115.85, and the company's market capitalization is approximately $13.24 billion [4] Financial Health - The company has a current ratio of 1.03 and a quick ratio of 0.66, indicating moderate liquidity [5] - A debt-to-equity ratio of 1.55 suggests a higher reliance on debt financing, while a price-to-earnings ratio of 18.02 and a PEG ratio of 1.34 indicate reasonable stock valuation [5] - The beta of 0.73 reflects lower volatility compared to the market [5]

Core Insights - Dividend stocks and Consumer Staples experienced losses or flat prices last week, with Crown Castle and AbbVie among the biggest decliners, while Coca-Cola outperformed due to positive Wall Street research notes [1] Group 1: Company Performance - Crown Castle (CCI) saw a significant decline after terminating its agreement with DISH Wireless due to a default on payment obligations, leading to a potential $3.5 billion revenue shortfall and an expected net loss of $780 million in 2026 [1] - AbbVie (ABBV) dropped nearly 3% despite FDA approvals for its drug, facing headwinds from broader healthcare sector weakness and drug pricing policy uncertainties [1] - AT&T (T) fell approximately 2.5% after two banks lowered their price targets, reflecting concerns about the competitive telecom environment, particularly with T-Mobile's new service [1] Group 2: Dividend Changes - Crown Castle reduced its quarterly dividend from $1.565 to $1.0625 per share, raising questions about the sustainability of its dividend amid financial challenges [1] - AbbVie has increased its dividend for 13 consecutive years, with the latest quarterly dividend at $1.73 per share, reflecting a 5.5% increase from the previous rate [1] - AT&T maintains a quarterly dividend of $0.2775 per share, yielding close to 4% at current prices, but faces limited near-term upside according to analyst consensus [1] Group 3: Market Trends - The Schwab U.S. Dividend Equity ETF was flat, while the Consumer Staples SPDR fell by 1.8%, indicating a pause in the performance of dividend stocks [1] - The VIX index is at 20.23, indicating a boundary between normal and elevated uncertainty, while the 10-year Treasury yield is at 4.08%, down from 4.29%, providing some relief for rate-sensitive dividend stocks [2] - Overall, 2026 has been a strong year for dividend stocks, with investors seeking stability amid market volatility [2]

Core Viewpoint - Crown Crafts, Inc. reported a mixed performance for the third quarter of fiscal 2026, with significant declines in net sales and gross profit, but a notable increase in net income and earnings per share, driven by nonrecurring insurance proceeds [2][5]. Financial Performance - Net sales decreased by 11.3% year over year to $20.7 million from $23.4 million [2] - Gross profit fell by 20.3% to $4.9 million from $6.1 million, with gross margin compressing to 23.5% from 26.1% [2] - Net income increased by 69.1% to $1.5 million from $0.9 million, while diluted earnings per share rose by 55.6% to $0.14 from $0.09 [2] Product Category Performance - Sales of bedding and diaper bags dropped by 29.8% to $7.8 million from $11.2 million [3] - Sales of bibs, toys, and disposable products increased by 5.8% to $12.9 million from $12.2 million, indicating a divergence in product performance [3] Operating Metrics - Operating income swung to a loss of $0.1 million from income of $1.7 million a year earlier [4] - Marketing and administrative expenses increased by 12.9% year over year to $4.9 million from $4.4 million, rising to 24% of sales from 18.8% [4] Other Income and Expenses - Other income rose sharply to $2.5 million from a $33,000 expense in the prior-year period, primarily due to insurance proceeds [5] - The net impact of these proceeds added $2.1 million to income before taxes [5] Balance Sheet Overview - Inventories stood at $31.2 million at quarter-end, up from $27.8 million at fiscal year-end [6] - Total debt was approximately $16.4 million, including $11.3 million under the revolving line of credit [6] - Net cash provided by operating activities for the nine-month period was $7.1 million, slightly above the prior year's $6.9 million [6] Management Commentary - Management noted a challenging demand backdrop and elevated tariffs affecting products sourced from China, contributing to gross margin contraction [7] - Uneven consumer spending and retailer program changes were cited as headwinds, particularly in bedding and diaper bags [7] Strategic Focus - Management emphasized ongoing pricing actions, cost controls, and operational consolidation to drive profitability in a difficult macro environment [8] - The company did not provide formal financial guidance but expressed confidence in meeting liquidity needs through operational cash flow and available credit [12] Recent Developments - Crown Crafts announced the relaunch of the "Groovy Girls" line of soft fashion dolls by Manhattan Toy, available starting May 2026, reflecting a focus on internal product development [13]

Group 1 - The core viewpoint of the article is that Crown Holdings (CCK) has announced its Q4 2025 earnings, with analysts previously predicting revenue of $2.993 billion and earnings per share of $1.408 [1] - The actual performance data will be confirmed by the company's latest announcement [1] Group 2 - The next significant event for the company is the Q1 2026 earnings release, expected to occur in April 2026, with current analyst revenue forecasts at $2.9754 billion [2] - The company had previously raised its full-year adjusted earnings per share guidance for 2025 to a range of $7.70 to $7.80, although this guidance may be subject to adjustments based on subsequent performance [2]

Core Insights - Crown Holdings, Inc. specializes in metal packaging production, competing with major players like Ball Corporation and Ardagh Group, with a strong presence in the beverage can and North American tinplate markets [1][6] Financial Performance - UBS set a price target of $126 for Crown Holdings, indicating an 11.62% potential increase from the current trading price of $112.88 [2][6] - The company reported a record adjusted EBITDA of approximately $2.1 billion for 2025, reflecting an 8% increase from the previous year, with a 20% growth over the past three years [2][3][6] - Crown Holdings generated a record free cash flow of $1.15 billion in 2025, accumulating nearly $2 billion over the past two years, supporting its market position and future growth potential [4] Business Strategy - The company's strategic focus on continuous improvement and capacity expansions has significantly contributed to its financial success, with segment income from global beverage can and North American tinplate businesses expanding by over 8% in 2025 [3] - Consistent performance is evident with growth rates of 6% and 7% in 2024 and 2023, respectively [3] Stock Performance - Despite positive financial results, Crown Holdings' stock price has experienced fluctuations, currently trading at $112.88, with a slight decrease of approximately -1.16% today [5] - Over the past year, the stock has seen a high of $115.85 and a low of $75.98, indicating volatility in its performance [5]

Group 1 - Crown Holdings (CCK) is one of the largest aluminum beverage can producers globally and has upgraded its 2025 guidance multiple times last year, indicating strong performance expectations for FY 2025 [1] - The company is highlighted in a financial context that emphasizes a mixture of dividend and growth stocks, suggesting a strategic focus on high-quality investment opportunities [1] - The investment group European Small Cap Ideas, led by a financial writer, offers exclusive access to actionable research on appealing Europe-focused investment opportunities, which includes two model portfolios and educational content [1]

Core Viewpoint - Crown Crafts, Inc. is reintroducing its Manhattan Toy® brand's Groovy Girls collection, featuring new designs and diverse characters aimed at promoting confidence, creativity, and inclusive play for children [1][2]. Product Overview - The Groovy Girls collection includes five unique dolls: Rose, Saige, Poppy, Iris, and Daisy, each designed with distinct styles and personalities, priced at $29.99 each, targeting children aged 3 to 6 [3][5]. - The dolls are designed to reflect modern diversity and creativity while maintaining the original brand's playful essence [2][3]. Marketing and Launch - The new collection will debut at the North American International Toy Fair from February 14-17, 2026, at Javits Center, with media appointments available through the Vice President of Marketing [7]. - The collection will also feature a range of outfits and accessories that encourage creative play, including pets, camping gear, and furniture, all designed to be compatible with the dolls [6]. Company Background - Crown Crafts, Inc. is a significant player in the infant and juvenile consumer products market, with a history dating back to 1957, and operates through subsidiaries like NoJo Baby & Kids, Inc. and Sassy Baby, Inc. [9]. - The company focuses on designing, marketing, and distributing a variety of products, including toys and bedding, and sells directly to various retail channels [9].

Group 1 - Morgan Stanley raised the price target on Crown Holdings (CCK) to $134 from $129 [1] - The firm maintains an Overweight rating on Crown Holdings shares [1] - The revision of estimates followed the Q4 reporting of Crown Holdings [1]