Key Highlights

  • A fuel services group reported Revenue of $13.27 billion, up 41%, the largest of the five companies.
  • A dispensing systems maker reported EPS of $0.51 against adjusted EPS of $1.52 after a Russian deconsolidation loss.
  • An office products group reported net sales down 0.9% to $380.3 million, yet raised its full-year adjusted EPS outlook.
  • A composite matting Business reported revenue up 11% to $76.3 million and lowered full-year revenue guidance.
  • An electric motorcycle maker reported revenue up 38% to $7.9 million alongside a Going Concern warning.

Which packaging, office products and services companies reported third quarter 2026 results?

Five companies tied to packaging, office products and services reported third quarter 2026 results on October 29, 2026. AptarGroup (NYSE:ATR) reported sales of $1.02 billion, up 6%, with reported EPS of $0.51 and adjusted EPS of $1.52. ACCO Brands (NYSE:ACCO) reported net sales of $380.3 million, down 0.9%, with adjusted EPS of $0.28. LiveWire Group (NYSE:LVWR) reported revenue of $7.9 million, up 38%, and a net loss of $18.6 million. World Kinect (NYSE:WKC) reported revenue of $13.27 billion, up 41%, with adjusted EPS of $0.99. NPK International (NYSE:NPKI) reported revenue of $76.3 million, up 11%, with a 26.2% adjusted EBITDA margin.

The five are not like for like, so each section below keeps to what that company's own report said, and the comparison section labels every figure that was calculated.

AptarGroup: Why Is Reported EPS So Far Below Adjusted EPS?

AptarGroup deconsolidated its Russian Subsidiary during the quarter after a government decree placed it under external administration. It recorded a $58.0 million loss on deconsolidation, and reported Net Income was $33 million, or $0.51 per share, against $1.92 a year earlier. Adjusted EPS was $1.52, compared with $1.62 in the prior year period at comparable exchange rates.

Core sales rose 5%, and Closures reported growth of 11%. Adjusted EBITDA Margin was 21.3%, down from 23.2%. The board approved a quarterly Dividend of $0.50, up from $0.48, payable on December 3, 2026, and the company guided fourth quarter adjusted EPS to $1.39 to $1.47. Pharma reported 2% growth, or 8% core growth after adjusting for emergency medicine destocking.

ACCO Brands: How Much Did Tariff Refunds Add to the Quarter?

ACCO Brands said net tariff refunds benefited Operating Income by $15.1 million, or $0.11 per diluted share, and added 400 basis points to the adjusted operating margin. Diluted EPS was $0.12 and adjusted EPS was $0.28, each including that $0.11.

Comparable sales fell 6.2% as technology peripherals softened, while the EPOS Acquisition added 4.9%. The company closed its Trust acquisition on October 1, 2026 and now expects full-year adjusted EPS of $0.98 to $1.02, including $0.12 from the refund, with reported sales up 4.0% to 6.0%. Free Cash Flow for the nine months was $89.0 million, and the Leverage Ratio was 3.6 times at September 30, 2026.

LiveWire Group: What Did It Disclose Alongside 38% Revenue Growth?

LiveWire Group sold 7,233 revenue units, up 21%, and the net loss narrowed to $18.6 million from $19.4 million. Cash and cash equivalents were $39.9 million at September 30, 2026, down from $82.8 million at year end.

Management concluded there is substantial doubt about the company's ability to continue as a going concern. On October 22, 2026, the board formed a special restructuring committee, and the company withdrew its 2026 operating loss guidance of $70 million to $80 million. Shareholders' Equity was negative $5.5 million. Electric Motorcycles revenue rose 178% to $2.7 million, which the company said was flattered by heavier incentives in the year earlier quarter.

World Kinect: How Did Revenue Rise 41% on 6% Fewer Gallons?

Volume slipped 6% to 4,038 million gallons and gallon equivalents, so the report ties the Top Line to higher fuel prices rather than extra volume. Gross Profit was $288 million, up 15%, and Marine gross profit rose 131% to $59 million.

Diluted EPS was $0.70 against $0.46, and adjusted EPS was $0.99 against $0.54. Free cash flow was $164 million. Full-year adjusted EPS guidance was raised to $3.52 to $3.62 from $3.20 to $3.40, while the provision for Credit losses was $25.7 million against $1.6 million a year earlier. Operating Cash Flow was $175.1 million, and shares outstanding fell to 51.2 million from 54.1 million at year end.

NPK International: How Did the Adjusted EBITDA Margin Reach 26.2%?

Adjusted EBITDA from continuing operations was $20.0 million, up 30%, and the margin widened 390 basis points from 22.3%. Management said dry Texas weather delayed large Utility projects that would have used matting, yet revenue still rose 11%.

Income from continuing operations was $6.3 million, or $0.07 per diluted share, unchanged per share from a year earlier. Free cash flow was negative $4.4 million, and the company repurchased 1.0 million shares for $13.4 million. Full-year revenue guidance is now $300 million to $305 million, with adjusted EBITDA of $90 million to $93 million. Management said quoting activity has held at year over year growth of about 20%, and growth expectations for 2027 are unchanged.

How Do the Five Compare on Scale and Growth?

On a calculated basis, World Kinect's $13.27 billion of revenue is about 13.0 times AptarGroup's $1.02 billion, and it makes up about 89.9% of the five companies' combined $14.75 billion (calculated). LiveWire Group's $7.9 million is about 0.06% of the World Kinect figure (calculated).

Growth ranged from 41% at World Kinect to negative 0.9% at ACCO Brands, a spread of 41.9 percentage points (calculated). AptarGroup's reported EPS sits $1.01 below its adjusted EPS (calculated), while the midpoint of World Kinect's new guidance range, $3.57, is about 8.2% above the prior midpoint of $3.30 (calculated).

Guidance moved in different directions: ACCO Brands and World Kinect raised, NPK International lowered revenue guidance, LiveWire Group withdrew its operating loss guidance, and AptarGroup guided only the fourth quarter.

What to Watch Next: Dividends, Filings and Guidance

LiveWire Group expects to file its Quarterly Report on or before November 9, 2026, which should carry fuller detail on Liquidity plans. ACCO Brands declared a quarterly dividend of $0.075, payable on December 9, 2026 to holders of record on November 20, 2026, and AptarGroup's $0.50 dividend is payable on December 3, 2026.

AptarGroup's fourth quarter adjusted EPS range is $1.39 to $1.47. World Kinect's raised range implies roughly $0.50 to $0.60 for the fourth quarter (calculated), and NPK International plans its Carencro, Louisiana expansion by mid-2027.