Middle East Conflict Impacts Greif's Demand and Financial Performance
Greif Inc. (GEF) reported a 0.5% year-over-year decline in net sales to $1.07 billion in fiscal Q2 2026, with soft demand and the Middle East conflict adding to challenges. CEO Ole Rosgaard noted that the war with Iran has caused direct impacts, including facility shutdowns and supply chain disruptions, with potential for continued disruption factored into guidance.
Tickers: $GEF
Topics: demand challenges earnings report Middle East conflict operating leverage supply chain disruptions