Sealed Air Corp. (NYSE: SEE), Elmwood Park, NJ, reported sales for the third quarter of $1.7 billion, a decrease of 1.7 percent year-over-year. Profit increased 88.6 percent to $163.3 million.
Food care sales for the quarter were down 2.6 percent, Diversey care sales were down 0.8 percent and product care division sales were flat.
Year-to-date sales were $5 billion, down 4.6 percent compared to the prior-year period. Profit increased 48.8 percent to $315.3 million.
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