NEW YORK--(BUSINESS WIRE)--May 8, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Graphic Packaging Holding Company (“Graphic Packaging” or the “Company”) (NYSE: GPK) and reminds investors of the July 6, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
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As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Graphic Packaging was experiencing, inter alia, significant inventory management issues, as well as significantly reduced demand and volumes and increased costs; (2) Defendants downplayed the true scope and severity of the foregoing issues, which were likely to, and did, have a material negative impact on the Company’s business and financial results; (3) Defendants likewise overstated the strength and sustainability of the Company’s business model and operations, as well as its ability to weather ongoing macroeconomic headwinds; (4) accordingly, the Company’s previously issued FY 2025 financial guidance was unreliable and/or unrealistic; and (5) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
The truth began to emerge on May 1, 2025, when Graphic Packaging issued a press release reporting its first quarter ("Q1") 2025 financial results. Among other results, the press release reported Q1 non-GAAP EPS of $0.51, missing consensus estimates by $0.07, and revenue of $2.12 billion, representing a 6.2% year-over-year decline, and missing consensus estimates by $10 million. The press release further revealed that the Company had negatively revised its previously issued FY 2025 net sales outlook to a range of $8.2 billion to $8.5 billion, significantly down from its prior guidance of $8.7 billion to $8.9 billion; its adjusted EBITDA outlook to a range of $1.4 billion to $1.6 billion, significantly down from its prior guidance of $1.68 billion to $1.78 billion; and its adjusted EPS outlook to a range of $1.75 to $2.25, significantly down from its prior guidance of $2.53 to $2.78. The Company blamed the negatively revised guidance on "an expectation of a 2% volume decline and $80 million of input cost inflation at the midpoint", as well as "higher macroeconomic and consumer spending uncertainty."
On this news, Graphic Packaging's stock price fell $3.94 per share, or 15.57%, to close at $21.37 per share on May 1, 2025.
On December 8, 2025, Graphic Packaging issued a press release announcing that it "plans to accelerate certain inventory reduction plans into the fourth quarter that were originally planned for 2026", and that "production curtailment is expected to impact fourth quarter operating results by $15 million, which is in addition to the $15 million relating to" certain earlier-announced curtailments. The Company further revealed that it had negatively revised its FY 2025 financial guidance again, now expecting its adjusted EBITDA "to be in the range of $1.38 billion to $1.43 billion"-significantly below its previously revised guidance of $1.4 billion to $1.45 billion-and adjusted EPS "to be in the range of $1.75 to $1.95"-significantly below its previously revised guidance of $1.80 to $2.00.
In a separate press release issued the same day, Graphic Packaging announced that Defendant Doss had "mutually agreed with [its] Board of Directors to step down from his role [as President and CEO] and as a director effective December 31, 2025."
Following these disclosures, Graphic Packaging's stock price fell $1.35 per share, or 8.66%, to close at $14.23 per share on December 9, 2025.
Then, on February 3, 2026, Graphic Packaging issued a press release reporting its fourth quarter ("Q4") and FY 2025 financial results. Among other results, Graphic Packaging reported Q4 non-GAAP EPS of $0.29, missing consensus estimates by $0.06. The Company attributed its disappointing Q4 2025 earnings results to, inter alia, lower volumes, increased costs, and inventory reduction. Further, Graphic Packaging projected a meaningful decline in adjusted EBITDA in 2026, citing "a $130 million negative impact from actions taken to reduce inventory and generate [FCF], an approximately $100 million accrual (non-cash in 2026) for a return to more normal incentive compensation, January weather and production impacts, and other largely offsetting operating items."
In the same press release, Graphic Packaging's new President and CEO, Robbert Rietbroek, announced that he had "initiated a comprehensive review of our organization structure, operations, and footprint," among other aspects of the Company's business, thereby confirming the weakness and unsustainability of its present business model and operations.
On this news, Graphic Packaging's stock price fell $2.36 per share, or 15.97%, to close at $12.42 per share on February 3, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Graphic Packaging’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Graphic Packaging class action, go to www.faruqilaw.com/GPK or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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GPK DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Graphic Packaging (GPK) Investors of Securities Class Action Deadline on July 6, 2026
MOSCOW (AP) — Russian President Vladimir Putin on Saturday voiced confidence of victory in Ukraine as he oversaw a military parade on Red Square commemorating the defeat of Nazi Germany in World War II — a show that didn't include heavy weapons for the first time in nearly two decades.
Security was tight in Moscow as Putin and several foreign leaders attended the parade, which was scaled down even as a U.S.-brokered three-day ceasefire eased concerns about possible Ukrainian attempts to disrupt the festivities.
Putin, in power for more than a quarter-century, has used Victory Day, Russia’s most important secular holiday, to showcase the country’s military might and rally support for his military action in Ukraine, now in its fifth year.
Speaking at the parade, Putin hailed Russian troops fighting in Ukraine, declaring that they “face an aggressive force that is armed and supported by the entire bloc of NATO," and are fighting for a “just cause.”
“Victory has always been and will be ours,” Putin said, as columns of troops lined up on Red Square. “The key to success is our moral strength, courage and valor, our unity and ability to endure anything and overcome any challenge.”
But in a notable shift this year, the parade took place without tanks, missiles and other heavy equipment, aside from a traditional flyover of combat jets.
Officials explained the sudden change of format by the “current operational situation” and said that additional security measures have been taken in response to the threat of Ukrainian attacks. State television commentators said that the heavy weaponry was more needed at the battlefield in Ukraine.
For the first time, Saturday's parade featured troops from North Korea, a tribute to Pyongyang that sent its soldiers to fight alongside Moscow forces to repel a Ukrainian incursion into Russia's Kursk region.
Russia declared a unilateral ceasefire for Friday and Saturday, while Ukrainian President Volodymyr Zelenskyy announced a truce that was supposed to begin on May 6, but neither of them held as the parties traded blame for continuing attacks.
U.S. President Donald Trump announced Friday that Russia and Ukraine have bowed to his request for a ceasefire running Saturday through Monday and an exchange of prisoners, declaring that the break in fighting could be the “beginning of the end” of the war.
Zelenskyy, who said earlier this week that the Russian authorities “fear drones may buzz over Red Square” on May 9, followed up on Trump's statement by issuing a decree mockingly permitting Russia to hold its Victory Day celebrations on Saturday, declaring Red Square temporarily off-limits for Ukrainian strikes.
Kremlin spokesman Dmitry Peskov shrugged off Zelenskyy’s decree as a “silly joke.” “We don’t need anyone’s permission to be proud of our Victory Day,” Peskov told reporters.
Russia’s bigger and better-equipped military has been making slow but steady gains along the more than 1,000-kilometer (over 600-mile) front line. Ukraine has hit back with increasingly efficient long-range attacks, striking Russian energy facilities, manufacturing plants and military depots. It has developed drones capable of reaching targets over 1,000 kilometers (more than 600 miles) deep into Russia, far beyond its capabilities before 2022.
Russian authorities warned that if Ukraine attempts to disrupt Saturday’s festivities, Russia will carry out a “massive missile strike on the center of Kyiv.” The Russian Defense Ministry warned the civilian population there and employees of foreign diplomatic missions of “the need to leave the city promptly.” The EU said its diplomats wouldn’t leave the Ukrainian capital despite Russian threats.
Putin has used Victory Day celebrations to encourage national pride and underline Russia’s position as a global power. The Soviet Union lost 27 million people in 1941-45 in what it calls the Great Patriotic War, an enormous sacrifice that left a deep scar in the national psyche and remains a rare point of consensus in the nation’s divisive history under Communist rule.
“We celebrate it with feelings of pride and love for our country, with understanding of our shared duty to defend the interests and future of our Motherland,” Putin said at the parade.
“Our soldiers suffered colossal losses, made a colossal sacrifice in the name of freedom and dignity of the peoples of Europe, became the embodiment of courage and nobility, fortitude and humanity, and crowned themselves with the great glory of a grandiose victory.”
Victory Day parades on Red Square have involved a broad array of heavy weapons — from armored vehicles to nuclear-tipped intercontinental ballistic missiles — every year since 2008. Smaller parades are held elsewhere across the country, but this time many of them have also been pared down or even canceled altogether for security reasons.
The authorities on Saturday ordered restrictions on all mobile internet access and text messaging services in the Russian capital, citing the need to ensure public safety. The government has methodically tightened internet censorship and established increasingly stringent controls over online activities, causing rumblings and rare public expressions of discontent.
Malaysia’s King Sultan Ibrahim Iskandar, Laos President Thongloun Sisoulith, Kazakhstan’s President Kassym-Jomart Tokayev, Uzbekistan's President Shavkat Mirziyoyev and Belarus’ authoritarian leader Alexander Lukashenko attended the festivities in the Russian capital.
Prime Minister Robert Fico of Slovakia, a European Union member, laid flowers at the Tomb of the Unknown Soldier memorial just outside the Kremlin walls but stayed away from the Red Square parade. German Chancellor Friedrich Merz criticized Fico’s trip, saying, "I deeply regret this, and we will discuss his visit to Moscow with him.”
Speaking at a meeting with Putin in the Kremlin, Fico bemoaned what he called a new “Iron Curtain” in Europe that hampered trade, and emphasized the importance of Russia's energy supplies to Slovakia. Putin hailed the Slovak leader for conducting a “sovereign” foreign policy and honoring the memory of fallen Red Army soldiers.
Russian servicemen attend the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during World War II. (AP Photo/Alexander Zemlianichenko, Pool)
Russian servicemen attend the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Shamil Zhumatov/Pool Photo via AP)
Russian President Vladimir Putin, centre foreground, attends a ceremony to lay flowers at the Tomb of the Unknown Soldier by the Kremlin wall inMoscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Alexander Nemenov/Pool Photo via AP)
Russia's Su-25 jet aircraft release smoke in the colours of the Russian state flag during the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Shamil Zhumatov/Pool Photo via AP)
North Korea's servicemen attend the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Maxim Shipenkov/Pool Photo via AP)
Russian servicemen march as they attend the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (AP Photo/Pavel Bednyakov, Pool)
Russian servicemen attend the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during World War II. (AP Photo/Alexander Zemlianichenko, Pool)
Russian President Vladimir Putin, centre foreground, attends a ceremony to lay flowers at the Tomb of the Unknown Soldier by the Kremlin wall inMoscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Alexander Nemenov/Pool Photo via AP)
North Korea's servicemen stand in a formation before the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (AP Photo/Pavel Bednyakov, Pool)
North Korea's servicemen wait for the start of the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (AP Photo/Pavel Bednyakov, Pool)
Russian servicemen stand in a formation before the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (AP Photo/Pavel Bednyakov, Pool)
Russian servicemen stand in a formation before the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (AP Photo/Pavel Bednyakov, Pool)
Russian servicemen stand in a formation before the Victory Day military parade in Moscow, Saturday, May 9, 2026, during celebrations of the 81st anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (AP Photo/Pavel Bednyakov, Pool)
Troops attend a rehearsal for the Victory Day military parade at the Dvortsovaya (Palace) Square in St. Petersburg, Russia, Tuesday, May 5, 2026. (AP Photo/Dmitri Lovetsky)
Honour guard soldiers prepare for a rehearsal for the Victory Day military parade at the Dvortsovaya (Palace) Square in St. Petersburg, Russia, Tuesday, May 5, 2026. (AP Photo/Dmitri Lovetsky)
Honour guard soldiers perform with rifles during a rehearsal for the Victory Day military parade at the Dvortsovaya (Palace) Square in St. Petersburg, Russia, Tuesday, May 5, 2026. (AP Photo/Dmitri Lovetsky)
Troops march during a rehearsal for the Victory Day military parade at the Dvortsovaya (Palace) Square in St. Petersburg, Russia, Tuesday, May 5, 2026. (AP Photo/Dmitri Lovetsky)
