Amcor Achieves Record Q3 Sales Amid Weather Challenges and Forecast Cuts

Amcor plc celebrated a remarkable 77% increase in Q3 net sales, hitting $5.91 billion, fueled by synergies from its acquisition of Berry, which provided approximately $77 million in benefits for the quarter. However, the company faced setbacks, including a $25 million impact from severe winter storms and a revised fiscal 2026 free cash flow outlook of $1.5-$1.6 billion. To strengthen its financial position, Amcor is divesting non-core assets and aims for $650 million in cumulative benefits over three years while adjusting its adjusted EPS guidance to a range of $3.98 to $4.03 per share.