longbridgelongbridge
  • Platform Features
    Features
    Investment ProductsPrivate Wealth ManagementTrading ToolsMarket Data ServicesAnalysis ToolsNews ServicesFor Developers
    Account Types
    For IndividualsFor Institutions
  • Café
longbridge
© 2026 Longbridge|Terms of ServicePrivacy Policy

DES

DES
39.7600.56%( +0.220 )

LongbridgeAI

Sonoco Products | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.885 B

Earnings Watch
Jul 22, 2026 at 08:47 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Revenue: As of FY2026 Q2, the actual value is USD 1.885 B, beating the estimate of USD 1.877 B.

EPS: As of FY2026 Q2, the actual value is USD 1.05, beating the estimate of USD 1.0477.

EBIT: As of FY2026 Q2, the actual value is USD 234.25 M.

Financial Results Reporting

Sonoco Products Company issued a news release on July 22, 2026, reporting its financial results for the quarter ended June 28, 2026, and providing full-year 2026 guidance, with details attached as an exhibit .

Second Quarter 2026 Consolidated Results

  • Net Sales: Net sales were $1,885 million, a -1.3% decrease compared to $1,910 million in the same period of 2025 .
  • GAAP Net Income: GAAP net income was $105 million, a significant decrease from $493 million in the second quarter of 2025, which included a $425 million gain from a business sale .
  • Adjusted Net Income: Adjusted net income improved by 10.6% to $151 million, up from $136 million in the prior-year period .
  • GAAP Operating Profit: GAAP operating profit increased by 9.8% to $193 million, from $176 million in the same period of 2025 .
  • Adjusted Operating Profit: Adjusted operating profit was $242 million, a -1.8% decrease from $247 million in the second quarter of 2025 .
  • Adjusted EBITDA: Adjusted EBITDA for the second quarter was $324 million, a -1.2% decrease from $328 million in the prior-year period .

Year-to-Date (Six Months Ended June 28, 2026) Consolidated Results

  • Net Sales: Year-to-date net sales were $3,562 million, a -1.6% decrease from $3,620 million in the same period of 2025 .
  • GAAP Net Income Attributable to Sonoco: Net income attributable to Sonoco was $172 million, a -68.5% decrease from $548 million in the prior-year period .
  • Adjusted Operating Profit: Adjusted operating profit was $443 million, a -3.6% decrease from $460 million in the prior-year period .
  • Adjusted EBITDA: Adjusted EBITDA was $601 million, a -9.8% decrease from $666 million in the prior-year period .
  • Operating Cash Flow: Net cash used by operating activities was - $67 million, compared to - $15 million in the same period of 2025, including approximately $103 million in one-time taxes .
  • Free Cash Flow: Free cash flow improved to - $191 million, compared to - $201 million in the same period in 2025 .
  • Capital Expenditures: Capital expenditures, net of proceeds from sales of fixed assets, were $124 million, down from $186 million last year .
  • Dividends: The company returned $106 million to shareholders through dividends, compared to $104 million in the prior-year period .

Second Quarter 2026 Segment Results

Consumer Packaging Segment

  • Net Sales: Net sales grew 1.2% to $1,242 million .
  • Segment Operating Profit: Segment operating profit declined approximately -5.4% to $152 million, from $160 million in the prior year .
  • Segment Operating Profit Margin: The segment operating profit margin was 12.2%, down from 13.1% in the prior year .
  • Segment Adjusted EBITDA: Segment Adjusted EBITDA was $207 million, a -3.1% decrease from $213 million .
  • Segment Adjusted EBITDA Margin: The segment Adjusted EBITDA margin was 16.6%, down from 17.4% .
  • Operational Metrics: Paper can volumes were up 9% in EMEA/APAC, while overall segment volumes were down -1.8% .

Industrial Paper Packaging Segment

  • Net Sales: Net sales increased 4.2% to $643 million .
  • Segment Operating Profit: Segment operating profit increased 4.0% to $89 million, from $86 million in the prior year .
  • Segment Operating Profit Margin: The segment operating profit margin remained resilient at 13.9%, consistent with the prior year .
  • Segment Adjusted EBITDA: Segment Adjusted EBITDA was $122 million, a 2.9% increase from $119 million .
  • Segment Adjusted EBITDA Margin: The segment Adjusted EBITDA margin was 19.0% .
  • Operational Metrics: North America uncoated recycled paperboard (URB) trade tons grew 6%, boosting mill utilization to 95%, while the segment’s volume/mix was flat .

Balance Sheet Highlights (as of June 28, 2026)

  • Liquidity: The company maintained strong liquidity of $1.3 billion, consisting of $1.1 billion of available borrowing capacity and cash on hand .
  • Cash and Cash Equivalents: Cash and cash equivalents were $169 million, compared to $378 million as of December 31, 2025 .
  • Total Debt: Total debt was $4.5 billion .
  • Net Debt: Net debt was $4.3 billion .

2026 Guidance

Sonoco Products Company reaffirmed its full-year 2026 guidance . Net Sales are expected to be between $7.25 billion and $7.75 billion, with Adjusted EBITDA guidance remaining at $1.25 billion to $1.35 billion . Cash flow from operating activities is anticipated to be between $700 million and $800 million .

Login to unlock4,047characters for free

Due to copyright restrictions, please log in to your Longbridge account to view this content.
Thank you for your understanding and support of licensed content.

Sonoco Products

Sonoco Products

SON.US

Open

--

High

--

Low

--

Prev Close

--

P/ETTM

--

Market Cap

--