secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000091767-24-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco Q4 adjusted EPS $1.02 (down 20% YoY); full year $5.26 (down 19%)
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- Q4 net sales $1.636B (-2% YoY); full year net sales $6.781B (-6% YoY).
- Full year operating cash flow record $883M; free cash flow $600M.
- Consumer segment posted record operating profit and EBITDA in flexible packaging; record net sales in rigid paper containers.
- Industrial segment achieved record operating profit and EBITDA margins despite low volume environment.
- Acquired Inapel Embalagens in Brazil to expand flexible packaging capabilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000009176724000005/0000091767-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000009176724000005/son-20240214.htm
  HTML page:      https://secwatch.observer/filing/0000091767-24-000005

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