secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0000091767-22-000059
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco Q3 base EPS $1.60 beats guidance; raises FY2022 outlook
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- Q3 GAAP diluted EPS $1.24 (+11% YoY); base diluted EPS $1.60 (+60% YoY).
- Net sales $1,890M (+34% YoY); base operating profit $225M (+67% YoY).
- Full-year 2022 earnings guidance raised; Q3 results exceeded high end of prior guidance.
- Announced Skjern Paper acquisition to expand European production capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000009176722000059/0000091767-22-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000009176722000059/son-20221031.htm
  HTML page:      https://secwatch.observer/filing/0000091767-22-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer