Earnings Releases·Nov 6, 2026, 8:20 AM ET

Tredegar — Third Quarter 2026 Earnings Summary

Third quarter 2026 net loss from continuing operations was $(2.8) million ($0.08/share), a significant decline from net income of $7.1 million ($0.20/share) in Q3 2025; consolidated EBITDA from ongoing operations fell to $4.1 million from $18.1 million year-over-year.
Total debt increased to $49.0 million at September 30, 2026, from $35.1 million at year-end 2025, while cash and cash equivalents rose to $16.3 million from $6.7 million.
Aluminum Extrusions (Bonnell) sales volume dropped 11.6% due to weak construction demand, though TSLOTS™ shipments surged 48% and open orders rose to 24 million pounds; High Performance Films sales declined 8.1% amid volume and mix headwinds.
Management expects benefits from the "One Tredegar" initiative to begin in Q1 2027, with 2026 capital expenditures projected at $19 million ($17 million for Bonnell, $2 million for High Performance Films).
Corporate expenses decreased $6.8 million in the first nine months of 2026 compared to the prior period, driven by reduced professional fees and stock-based compensation, while the effective tax rate for the nine months fell to 20.2% from 27.1%.