$SON

Sonoco (NYSE: SON) said it will consolidate its Global Consumer Packaging businesses under Ernest Haynes, who becomes President, reporting to CEO Howard Coker. Haynes will lead a unit with about $5.2 billion in annual sales, 98 operations in 25 countries, and 11,250 employees. Sonoco’s Industrial Paper Packaging remains led by James Harrell, and Sean Cairns will leave.

Simply Wall St reports Sonoco Products (NYSE:SON) invested just over $25M since 2024 to expand Wood Reels manufacturing and assembly capacity by more than 30% at Hartselle, Alabama and Jefferson, Texas, adding about 15% nailed wood capacity. The buildout targets power and communications cable packaging demand tied to AI data centers and grid upgrades. The article reiterates 2026 net sales guidance of $7.25B to $7.75B.

Sonoco Products Company reported Q2 2026 results for the quarter ended June 28, 2026. The company said productivity and cost control offset higher logistics and raw material costs. Industrial Paper Packaging operating profit rose 4% year over year and 29% sequentially; Consumer Packaging operating profit fell about 5% but rose 22% sequentially. Record Q2 operating cash flow was $301 million and free cash flow $237 million. Sonoco reaffirmed full-year guidance and targeted margin gains of 200 bps

UBS Securities said Sonoco’s industrial packaging business is holding up better than expected, offsetting softer consumer results in Q2. In a note, UBS kept a neutral rating and raised its price target to $61 from $58, citing steadier demand for uncoated recycled board, high plant utilization, and faster cost pass-throughs. Shares were about $58.66.

Truist Financial raised its price target for Sonoco Products (NYSE:SON) from $64 to $68 and kept a Buy rating, citing an estimated 17.6% upside from the stock’s current level. Other analysts issued mixed views, with a consensus Hold rating and $61.78 target. SON last traded at $57.82.

SONOCO PRODUCTS CO (SON) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99 2 ex99q22026earningsrelease.htm EX-99 Document July 22, 2026 Sonoco Reports Second Quarter 2026 Results Hartsville, S.C., U.S. - Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a Mid-cap Value global packaging company, today reported financial results for t

Citi analysts highlighted top Paper and Packaging picks ahead of Q2 earnings. Crown Holdings (CCK) is expected to post EPS $2.20 vs $2.15 consensus, with beverage can volumes up 4.3% YoY and 2026 guidance reiterated. Sonoco (SON) EPS $1.52 vs $1.43, EBITDA $333M. Packaging Corp (PKG) EPS $2.30 vs $2.32, and Ardagh Metal Packaging (AMBP) EPS $0.06 vs $0.05.

Sonoco Products Company (NYSE: SON) said its board declared a $0.54 per share quarterly common stock dividend. It will be paid Sept. 10, 2026, to shareholders of record Aug. 10, 2026. The company cited 405 consecutive dividend quarters since 1925 and 43 straight years of annual dividend increases. Based on July 14, 2026 close, it implies about a 4.0% yield.

Sonoco Products (SON) reported earnings of $0.68/share, up 26% YoY, despite a 2% sales decline, attributing gains to expense reductions. The company targets $32M savings in 2025 and $150M–$200M over three years. Shares are up ~30% YTD; dividend yield is ~3.7% with 43 straight annual increases. Fiscal 2026 revenue guidance: $7.25B–$7.75B; median price target $63.

Sonoco Products Company recently filed a US$71.37 million shelf registration for ESOP-related share issuance, which, combined with the company's reliance on unusual items for reported strong earnings, raises questions about the quality and durability of its profit profile. Despite Q1 2026 sales of US$1,676.44 million and diluted EPS of US$0.68, a significant US$273.1 million one-off gain is propping up the last twelve months' earnings. This situation prompts scrutiny into the repeatability of current profit levels, especially as Sonoco aims for substantial cost savings and analysts' optimistic revenue forecasts may need reevaluation.