Sonoco Products Q2 Adjusted Earnings Rise, Revenue Falls; Reaffirms 2026 Guidance

MT Newswires Live
07/23

Sonoco Products (SON) reported Q2 adjusted earnings late Wednesday of $1.51 per diluted share, up from $1.37 a year earlier.

Analysts polled by FactSet expected $1.47.

Net sales for the quarter ended June 28 were $1.89 billion, down from $1.91 billion a year earlier.

Analysts expected $1.88 billion.

The company maintained its 2026 adjusted EPS guidance of $5.80 to $6.20, continuing to expect results at the low end of the range. Analysts expect $5.83.

Sonoco continues to expect 2026 net sales of $7.25 billion to $7.75 billion. Analysts expect $7.44 billion.

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