Ranpak NYSE: PACK reported second-quarter revenue growth driven by a sharp increase in automation equipment sales, while management said it remains on track to meet its full-year outlook and generate roughly $60 million in automation revenue in 2026.
Ranpak Holdings Corp. (PACK) Q2 2026 Earnings Call Transcript
Ranpak Holdings (PACK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 31 | $111 | $120.28 | $9.28 | 8.36% |
| BG Bart Gancher Intech Investment Management LLC | 14,861 | $87,477.8 | $81,884.11 | -$5,593.69 | -6.39% |
Point72 Asset Management LP Point72 Asset Management LP | 84,765 | $619,632 | $472,141.05 | -$147,490.95 | -23.8% |
Joseph Castro Nuveen LLC | 167,397 | $1.02M | $651,174.33 | -$367,921.38 | -36.1% |
| MPM Mark P. Mennitt CenterBook Partners LP | 875,845 | $3.13M | $3.44M | $310,924.97 | 9.94% |
| Containers & Packaging Industry | Materials Sector | Omar Marwan Asali CEO | NYSE Exchange | 75321W103 CUSIP |
| US Country | 800 Employees | - Last Dividend | - Last Split | 3 Jun 2019 IPO Date |
Ranpak Holdings Corp., established in 1972 and headquartered in Concord Township, Ohio, engages in providing product protection solutions and end-of-line automation solutions catering to the e-commerce and industrial supply chains across North America, Europe, and Asia. Through its comprehensive range of services, the company emphasizes sustainability and efficiency in packaging, addressing the dynamic needs of a diverse client base. Ranpak operates with a strategic focus on innovating protective packaging solutions and automation processes to enhance product safety and customer satisfaction in the logistics and supply chain management sectors.
Protective Packaging Solutions:
End-of-Line Packaging Automation Products:
Ranpak markets its solutions primarily through a broad distributor network, alongside direct sales to select end-users, ensuring wide accessibility and customization based on specific industry requirements.