secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0000091767-24-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco realigns segment reporting: thermoforming into Consumer Packaging; recasts prior periods
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- Effective Jan 1, 2024, Sonoco merged flexible packaging and thermoforming packaging into Consumer Packaging segment.
- Consumer thermoforming moved from All Other to Consumer Packaging; Industrial Paper Packaging unchanged.
- Prior-period segment data for FY2022, FY2023, and each 2023 quarter recast to reflect new structure.
- Segment calculation methodologies unchanged; change aims to streamline operations and accelerate growth.
- New segment structure will be reflected starting with Q1 2024 Form 10-Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000009176724000016/0000091767-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000009176724000016/son-20240326.htm
  HTML page:      https://secwatch.observer/filing/0000091767-24-000016

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