Business Context and Reporting Period
This Form 8-K, filed on February 25, 2026, by Greif, Inc., serves as a Regulation FD disclosure to provide historical financial information recast to align with significant operational and reporting changes. The filing addresses a fiscal year shift effective October 1, 2025, moving the fiscal year-end from October 31 to September 30. Consequently, prior period quarterly data for fiscal year 2025 has been recast to reflect new quarter-end dates (December 31, March 31, June 30, and September 30).
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it details the structural reclassification of financial data:
- Segment Reclassification: The "Integrated Solutions" segment was renamed "Innovative Closure Solutions." Recycled fiber and adhesives were moved to "Sustainable Fiber Solutions," while paints, linings, and filling services were moved to "Durable Metal Solutions."
- Discontinued Operations: The Containerboard Business (including the CorrChoice sheet feeder system) was divested on August 31, 2025. Results for this business are now presented as discontinued operations, net of tax, for all periods presented.
Material Changes Versus Prior Period
Material changes involve the presentation of data rather than new operational results:
- Fiscal Calendar: The company transitioned from a November 1–October 31 fiscal year to an October 1–September 30 fiscal year.
- Segment Alignment: Product lines were realigned across reportable segments to better reflect the integrated value chain, requiring a recast of all 2025 fiscal year segment information.
- Divestiture Impact: The sale of the Containerboard Business is treated as a strategic shift, resulting in the reclassification of its assets, liabilities, and financial results to discontinued operations.
Guidance, Outlook, and Risks
The filing explicitly states that the information provided does not reflect activities or events occurring after the previously filed 2025 Earnings Releases. It does not modify or update prior disclosures regarding guidance, outlook, or risks, other than to present historical data under the new reporting framework. Investors are directed to read this filing in conjunction with the Q1 2026 Earnings Release and prior 10-Q and 10-KT filings for current operational context.
Investor Verification Checklist
- Verify the specific financial impact of the Containerboard Divestiture by reviewing the discontinued operations section in the Q1 2026 Earnings Release.
- Confirm the recast segment revenue and operating income figures for fiscal year 2025 to ensure comparability with the new fiscal year 2026 results.
- Review the Q1 2026 Earnings Release (filed February 2, 2026) for the most current liquidity, debt, and margin metrics, as this 8-K contains no new numerical data.
- Ensure analysis of the "Innovative Closure Solutions" segment excludes the recycled fiber and adhesive products now reported under "Sustainable Fiber Solutions."