Jabil Inc. - JBL STOCK NEWS

Jabil Inc. (NYSE: JBL) has partnered with Carnival Corporation (NYSE: CCL; NYSE: CUK) to manufacture and fulfill the Princess Medallion® in Bajos de Haina, Dominican Republic. This new facility will enhance just-in-time, direct-to-port fulfillment for the Princess Fleet. It features over 60,000 square feet of manufacturing space and employs over 600 workers, with more jobs expected in the next three years. The partnership aims to address logistics challenges and support the growing demand for experiential IoT wearables.

Jabil reported preliminary financial results for Q1 FY2022, revealing net revenue of $8.6 billion. The company's Diversified Manufacturing Services and Electronics Manufacturing Services saw year-on-year revenue growth of 11% and 7%, respectively. The U.S. GAAP operating income stood at $350 million, with diluted earnings per share at $1.63. For Q2 FY2022, Jabil forecasts net revenue between $7.1 billion and $7.7 billion, while the full fiscal year outlook predicts revenue of $31.8 billion and core EPS of $6.55.

Jabil Inc. (NYSE: JBL) will release its first quarter fiscal 2022 financial results on December 16, 2021, before market open. A conference call and webcast will follow at 8:30 a.m. ET to discuss the results. Investors can access the live audio webcast via Jabil’s Investor Relations page. Jabil is a global manufacturing solutions provider, employing over 260,000 individuals across 100 locations in 30 countries.

Badger Technologies, a product division of Jabil, partners with TrackTik Software to enhance security operations at the National Veterans Memorial and Museum in Columbus, Ohio. The pilot program utilizes the Badger PatrolBot autonomous robot to automate manual security checks, thereby improving safety for visitors and staff. The robot will participate in the Veterans Day celebration on November 11, 2021. This collaboration aims to streamline security processes, leveraging technology to enhance operational efficiency.

The premier active alignment technology innovator, Kasalis, has launched the new Pixid™ 700 platform, aimed at enhancing optical alignment manufacturing for complex light path applications. This innovative system improves flexibility, efficiency, and cost-effectiveness in sectors like LiDAR, Augmented Reality, and Virtual Reality. With capabilities including 5nm linear and 0.2μrad angular precision, the platform supports high-volume production. Kasalis operates under Jabil Inc. (NYSE: JBL), a leader in manufacturing solutions.

Jabil Healthcare Bray has received the Shingo Prize for operational excellence, marking it as the first Jabil site to achieve this recognition. The Shingo Institute awarded this prestigious honor after a thorough review of the site’s continuous improvement culture. The Bray facility, operational for over 40 years, manufactured over 1.7 billion healthcare products in 2019, specializing in complex medical device development and pharmaceutical packaging. The award will be presented at the 34th Annual Shingo Conference on May 19-20, 2022, in Orlando, Florida.

Badger Technologies has initiated a pilot program with Busy Beaver Building Centers in Irwin, Pennsylvania, utilizing autonomous robots for efficient inventory management. The robots will monitor over 30,000 SKUs, significantly reducing the manual inventory work from 80 hours to just 2 hours per week. This innovation aims to enhance customer service by allowing staff to focus more on customer interactions. The home improvement sector has seen a growth in consumer spending, with expenditures reaching nearly $420 billion despite economic challenges.

Jabil Inc. (NYSE: JBL) has declared a quarterly dividend of $0.08 per share for shareholders of record by November 15, 2021. The dividend is set to be paid on December 1, 2021. This marks Jabil's commitment to returning capital to shareholders, as it has consistently paid quarterly cash dividends since May 15, 2006. With over 260,000 employees and operations in 30 countries, Jabil provides manufacturing solutions that cater to the needs of top global brands.

Jabil Inc. (NYSE: JBL) has introduced FusePack wipes packaging, a new solution that addresses the challenges of traditional wipes containers. This lightweight packaging is 30% smaller and 68% lighter than standard options, enhancing sustainability and eCommerce efficiency. It features a hermetically sealed design to extend shelf life and prevent leaks, making it suitable for the rigors of shipping. Jabil aims to revolutionize wipes packaging by combining the best qualities of rigid and flexible materials to meet increasing consumer demands.