earnings
confidence high
sentiment negative
materiality 0.70
Sonoco Q1 GAAP EPS $0.68 (+23.6%) but adjusted EPS $1.20 (-13%); guides to low end of FY range
SONOCO PRODUCTS CO
2026-Q1 EPS reported
$0.68
revenue$1,676,442,000
- Net sales $1.676B, down 1.9% YoY; GAAP operating profit $127M, flat.
- GAAP diluted EPS $0.68 vs $0.55; adjusted diluted EPS $1.20 vs $1.38 (down 13%).
- FY adjusted EBITDA guidance unchanged at $1.25B-$1.35B; cash flow $700M-$800M.
- Adjusted EPS guidance lowered to low end of $5.80-$6.20 due to inflation and macro uncertainty.
- Opened Thailand paper can plant; $20M Alabama expansion for AI-driven wire/cable reel demand.
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