secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000091767-24-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco Q2 adjusted EPS $1.28, revenue $1.62B down 5%; announces $3.9B Eviosys acquisition
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- GAAP net income $91M ($0.92 EPS); adjusted EPS $1.28, both down ~7% YoY.
- Net sales $1,623M, down 5% YoY; operating profit $140M, down 25%.
- Announced $3.9B acquisition of Eviosys, expected close Q4 2024.
- Reaffirmed FY 2024 adjusted EBITDA, EPS, and operating cash flow guidance.
- Generated $275M operating cash flow and $96M free cash flow in H1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000009176724000045/0000091767-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000009176724000045/son-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000091767-24-000045

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