Amcor Reports Q1 2027 Results with Increased Sales and Lowered EPS Guidance
Amcor (AMCR) reported first-quarter results for fiscal year 2027, characterized by a 7% increase in net sales to $6.1 billion, largely driven by the pass-through of higher raw material costs totaling $435 million. While organic volume growth reached 1%, showing four consecutive quarters of improvement, the company lowered its adjusted EPS guidance for the transition period to a range of $1.70 to $1.80 from the previous $1.80 to $1.90. The downward revision in guidance is attributed to timing issues regarding energy and distribution cost pass-throughs. Despite these headwinds, Amcor saw strong performance in its pet food and foodservice segments, with focus category volumes growing by 3%. The company also achieved $60 million in synergies this quarter, maintaining progress toward its three-year target of $650 million.
Tickers: $AMCR
Topics: adjusted eps dividend guidance net sales organic volume growth
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