---
schema_version: "secwatch.filing_event.v1"
accession: "0000849869-23-000146"
form_type: "8-K"
ticker: "SLGN"
cik: "0000849869"
company_name: "SILGAN HOLDINGS INC"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:37:15.570808+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Silgan Q3 adjusted EPS $1.16, down YoY; lowers FY2023 guidance to $3.30-$3.40

## Summary
- Q3 net sales $1.80B (-9% YoY); net income $110.6M ($1.02 GAAP EPS); adjusted EPS $1.16 vs $1.28 prior year.
- Revises FY2023 adjusted EPS guidance to $3.30-$3.40 from $3.40-$3.60; Q4 guided $0.55-$0.65 (vs $0.85).
- Announces $50M cost reduction program over two years via footprint rationalization; expects earnings growth in 2024.
- YTD share repurchases $175M; on track to return over $250M to shareholders in 2023 including dividends.

## SEC filing metadata
- accession: 0000849869-23-000146
- form_type: 8-K
- ticker: SLGN
- cik: 0000849869
- company_name: SILGAN HOLDINGS INC
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849869/000084986923000146/0000849869-23-000146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849869/000084986923000146/slgn-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000849869-23-000146
- JSON: https://secwatch.observer/filing/0000849869-23-000146.json
- Plain text: https://secwatch.observer/filing/0000849869-23-000146.txt

## Key facts
- Earnings Releases
  SILGAN HOLDINGS INC reported third quarter of 2023 results: revenue $1.80 billion, net income $110.6 million, EPS $1.02 per diluted share.
  - Period: third quarter of 2023
  - Revenue: $1.80 billion
  - Net income: $110.6 million
  - EPS: $1.02 per diluted share
  - Result: reported results
  source text: Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share, as compared to record third quarter 2022 net sales of $1.97 billion and net income of $138.7 million, or $1.25 per
  evidence_url: https://www.sec.gov/Archives/edgar/data/849869/000084986923000146/0000849869-23-000146-index.htm

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