Industrial manufacturer Tredegar Corp. (TG) reported Friday a net loss for the fourth quarter that sharply widened to $35.59 million or $1.04 per share from $3.87 million or $0.11 per share in the prior-year quarter.
Excluding items, adjusted net loss from ongoing operations were $0.01 per share, compared to adjusted net income from ongoing operations of $0.02 per share in the year-ago quarter.
Total sales for the quarter declined to $169.34 million from $189.15 million in the same quarter last year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.