---
schema_version: "secwatch.filing_event.v1"
accession: "0000849869-23-000123"
form_type: "8-K"
ticker: "SLGN"
cik: "0000849869"
company_name: "SILGAN HOLDINGS INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:35:15.915990+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Silgan Q2 adjusted EPS $0.83, misses prior year; cuts 2023 guidance to $3.40-$3.60

## Summary
- Q2 net sales $1.43B (-8% YoY); GAAP net income $78.9M ($0.71 diluted) vs $92.7M ($0.83) last year.
- Adjusted EPS $0.83 (down from record $1.09); adjustments added $0.12 per share.
- Dispensing & Specialty Closures adjusted EBIT fell $23.4M to $76.9M; Metal Containers rose $12.2M to $75.7M.
- Full-year 2023 adjusted EPS guidance cut to $3.40-$3.60 from $3.95-$4.15; free cash flow estimate reduced to ~$375M.
- Drivers: customer inventory management, higher interest costs, labor challenges at a U.S. food/bev closures facility (~$10M impact).

## SEC filing metadata
- accession: 0000849869-23-000123
- form_type: 8-K
- ticker: SLGN
- cik: 0000849869
- company_name: SILGAN HOLDINGS INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849869/000084986923000123/0000849869-23-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849869/000084986923000123/slgn-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000849869-23-000123
- JSON: https://secwatch.observer/filing/0000849869-23-000123.json
- Plain text: https://secwatch.observer/filing/0000849869-23-000123.txt

## Key facts
- Earnings Releases
  SILGAN HOLDINGS INC updated its second quarter 2023 guidance (lowered).
  - Period: second quarter 2023
  - Guidance: lowered
  - Result: reported results
  source text: On July 26, 2023, the Registrant issued a press release reporting its financial results for the three and six month periods ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/849869/000084986923000123/0000849869-23-000123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.