Sonoco Products

Q2 FY2026 EarningsSON Q2 FY26 beat consensus across key bottom-line metrics despite a slight revenue miss. Normalized EPS of $1.51 exceeded the $1.48 expected (+2.14%), while Revenue of $1.89B slightly missed the $1.88B mean (-0.42% variance due to rounding). Gross margin was significantly stronger at 20.81% vs. the 23.45% consensus (note: LIFO and step-up adjustments impacted GAAP), but operating efficiency drove an EBIT of $192.8M. Management's portfolio transformation, specifically the Eviosys integration and ThermoSafe divestiture, remains the primary driver of variance.