WestRock Q2 Earnings Surpass Street View; Adopts Massive Buyback
WestRock Co (NYSE:WRK) reported second-quarter FY22 sales growth of 21.3% year-on-year, to $5.38 billion, beating the consensus of $5.07 billion. Corrugated Packaging segment revenue rose 14.7% Y/Y, Consumer Packaging segment increased 15.7%, and Paper segment jumped 36%. Gross profit gained 33.9% Y/Y to $1 billion with a gross margin of 18.6%. The operating…
Benzinga ·