Wednesday, February 7, 2018

Evansville, IN-Based Plastics Manufacturer Berry Global Group Dec 2017 Quarter Earnings Were On Fire ....................................................................................... Dec 2017 Quarter Net Sales Increased 18% Over the Dec 2016 Quarter ....................................................................................... Dec 2017 Quarter Pretax Income Increased 16% Over the Dec 2016 Quarter ....................................................................................... But Dec 2017 Quarter After-Tax Net Income Increased By an Eye-Opening 220% Over the Dec 2016 Quarter (Whoa, What's Going On Here?) ....................................................................................... It's All About This Exceptional Acquirer and Acquisition Integrator Berry Global Group's Execution, and Particularly in the Dec 2017 Quarter, the Excellent Research and Execution in Its World Class Income Tax Department, Which Uncovered a Dec 2017 Quarter Net Income Tax Benefit of $95 Mil, Which Not Only Delivered the 220% Net Income Growth, But Also Paid For Berry Global's Transition Toll Tax Cost To Repatriate Its Accumulated Foreign Earnings To Boot ....................................................................