GPGI Q1 adjusted net sales rise 3%

GPGI (Nevada)

07/05/2026 12:24

Corrects Q1 Adjusted Net Income figure to $32.7 mln from -$235 mln in Key Details table, changes Beat/Miss to beat

Overview

US multi-industry platform's Q1 pro forma adjusted net sales rose 3% year-over-year

Pro forma adjusted EBITDA for Q1 fell 16% year-over-year

Husky unit impacted by oil and resin price volatility and tariff uncertainty

Outlook

GPGI sees Q2 2026 adjusted net sales of $425 mln to $475 mln

Company expects Q2 2026 adjusted EBITDA of $105 mln to $120 mln

GPGI forecasts full-year 2026 adjusted net sales of $1.95 bln to $2.1 bln

Company expects full-year 2026 adjusted EBITDA of $550 mln to $610 mln

GPGI projects full-year 2026 adjusted free cash flow of $275 mln to $325 mln

Company anticipates year-end 2026 net LTM leverage of about 3.0x

Result Drivers

RECORD SALES AT COMPOSECURE - Co said record sales at CompoSecure reflected the effectiveness of implementing the Resolute Operating System for growth and profitability

MARKET HEADWINDS AT HUSKY - Husky was impacted by unexpected oil and resin price volatility and continued tariff uncertainty, according to management

COST ACTIONS AT HUSKY - Co said it is taking necessary cost actions at Husky in response to market headwinds

Company press release: ID:nGNX5cd1kB

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Miss
$0.12
$0.25 (1 Analyst)
Q1 Adjusted Net Income
Beat
$32.7 mln
$26.80 mln (1 Analyst)
Q1 Net Income
-$235 mln
Q1 Adjusted EBITDA
Miss
$82.10 mln
$94.70 mln (1 Analyst)

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)