earnings
confidence high
sentiment positive
materiality 0.75
Sonoco Q2 net sales $1.885B (-1.3% YoY); adjusted EPS $1.51 (+10%); reaffirms FY guidance
SONOCO PRODUCTS CO
- GAAP net income $105M ($1.05 diluted EPS) vs $493M ($4.96) in Q2 2025 which included $425M gain from TFP sale.
- Adjusted net income up 10.6% to $151M; adjusted diluted EPS $1.51 vs $1.37.
- Record Q2 operating cash flow $301M; YTD cash flow $(67)M after $103M one-time taxes on 2025 divestiture gains.
- Industrial Paper Packaging segment beat expectations; North America URB trade ton sales volume grew 6%; EMEA/APAC paper cans volume up 9%.
- Reaffirmed full-year 2026 guidance for sales, adjusted EBITDA, adjusted EPS, and operating cash flow.