Crown Holdings tumbles after inflationary pressures impact Q1 results, guidance

Apr. 26, 2022 11:08 AM ETCrown Holdings, Inc. (CCK)By: SA News Team
  • Crown Holdings (NYSE:CCK) is down 7% in early Tuesday trading after reporting first quarter's results impacted through inflationary pressures and soft earnings guidance update.
  • Revenue of $3.16B (+23.4% Y/Y) beats by $220M, reflecting increased beverage sales unit volumes.
  • It includes: Americas Beverages sales of $1.23B, European

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