secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0000091767-26-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco Q1 GAAP EPS $0.68 (+23.6%) but adjusted EPS $1.20 (-13%); guides to low end of FY range
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000009176726000019/0000091767-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000009176726000019/son-20260421.htm
  HTML page:      https://secwatch.observer/filing/0000091767-26-000019

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