Sonoco Products

Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Protective Solutions, and Display and Packaging. The Consumer Packaging segment offers round and shaped rigid containers, fiber and plastic caulk and adhesive tubes, and aluminum, steel, and peelable membrane easy-open closures for paper and metal cans. The Paper and Industrial Converted Products segment produces recycled paperboard, chipboard, tubeboard, lightweight corestock, and boxboard. The Protective Solutions segment manufactures custom-engineered, paperboard-based, and molded foam protective packaging and components. The Display and Packaging segment consists of point-of-purchase displays, custom packaging, retail packaging, and supply chain management. The company was founded on May 10, 1899, and is headquartered at Hartsville, SC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sonoco Products reports robust Q4 earnings amidst cost challenges

Sonoco Products delivered strong financial results in Q4 2022, driven by revenue and earnings growth, despite facing margin and earnings headwinds.
The company's focus on consumer business strength, cost management, and strategic initiatives positions it well for future growth and stability.
Challenges related to price cost impacts and industrial volume declines are being addressed through efficiency improvements and market normalization strategies.
Opportunities for growth and margin enhancement exist through consumer volume expansion, cost reduction initiatives, and sustainability-focused solutions.

Sonoco Products reports strong Q1 performance amidst global challenges

Sonoco Products (SON) delivered a strong Q1 performance driven by commercial excellence programs and productivity improvements. While facing challenges such as global volume declines and uncertainty in European and Asian regions, the company remains focused on sustainable packaging solutions and operational enhancements. Opportunities lie in leveraging staple food products for Consumer growth and engaging with management for further insights.

Sonoco resilient in turbulent markets, affirms guidance amidst challenges

Sonoco navigated turbulent market conditions in Q2 2023 to deliver stable profitability and affirm guidance for the year.
Challenges from lower volumes and inflation were offset by strategic strengths in portfolio reshaping and operational efficiency.
Anticipated acquisitions and focus on growth areas present opportunities for Sonoco's future performance and resilience.
Despite challenges, Sonoco's commitment to ESG initiatives and strong cash generation underpin its strategic resilience and growth potential.

Sonoco Products beats Q3 profit expectations, focuses on growth

Sonoco Products delivered strong Q3 results, exceeding profit expectations through effective cost management and productivity.
While facing challenges in certain segments, Sonoco's strategic acquisitions and focus on core businesses position it for future growth.
Management's emphasis on cost control and strategic initiatives, along with increased guidance, reflects confidence in sustained performance and profitability.

Sonoco Products reports record cash flow and net sales in 2023, eyes growth through strategic initiatives

Sonoco Products navigated through volume challenges in 2023 to achieve strong financial performance, focusing on growth initiatives and margin improvement. The company anticipates addressing challenges such as inflationary pricing and lower demand while capitalizing on opportunities through strategic initiatives and synergies.

Sonoco impresses with strong Q1 earnings and strategic outlook

Sonoco's Q1 earnings call highlighted robust financials, strategic goals for the future, and successful divestitures and mergers. The company's focus on productivity, sustainability, and managing price-cost dynamics positions it well for growth and efficiency.

Sonoco Products reports resilient Q3 performance and strategic growth moves

Sonoco Products demonstrated resilience and growth in Q3 2024, leveraging strategic priorities to navigate challenges and capitalize on opportunities for long-term success.
The acquisition of Eviosys and review of strategic alternatives signal a proactive approach to enhancing shareholder value and strengthening Sonoco's market position.
Management's confidence in their strategy and commitment to operational excellence underscore a positive outlook for Sonoco's future performance and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and services. It operates through the following segments: Consumer Packaging, Industrial Paper Packaging, and All Other. The Consumer Packaging segment offers round and shaped rigid containers, fiber and plastic caulk and adhesive tubes, and aluminum, steel, and peelable membrane easy-open closures for paper and metal cans. The Industrial Paper Packaging segment produces recycled paperboard, chipboard, tubeboard, lightweight corestock, and boxboard. The All Other segment consists of corporate expenses allocated as operating costs through the business segments. The company was founded on May 10, 1899, and is headquartered at Hartsville, SC.

Sonoco's (SON) focus on productivity improvement and cost-control actions as well as surging demand for the consumer packaging business makes it worth retaining in the portfolio right now.

Why Hold Strategy is Apt for Sonoco (SON) Stock Right Now

ARLINGTON HEIGHTS, Ill., May 19, 2021 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and the leading global provider of temperature assurance packaging, and Cathay Pacific Cargo, one of the world's largest air cargo carriers, announced an expanded global partnership agreement for the leasing of the new Pegasus ULD® temperature controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders to lease Pegasus ULD® containers directly from Cathay Pacific Cargo.

Sonoco ThermoSafe and Cathay Pacific Cargo Expand Partnership to Include Leasing of Pegasus ULD® Containers

HARTSVILLE, S.C., May 12, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies (“Sonoco”), today announced the pricing terms of its previously-announced cash tender offer (the “Offer”) to purchase up to $300,000,000 aggregate principal amount (the “Tender Cap”) of its 5.75% Senior Notes due 2040 (the “Notes”), as well as the anticipated early settlement date for the Offer on May 13, 2021 (the “Early Settlement Date”), as previously announced.

Sonoco Announces Reference Yield for Tender Offer for its 5.75% Senior Notes Due 2040

HARTSVILLE, S.C., May 12, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies (“Sonoco”), today announced that as of 5:00 p.m., New York City time, on May 11, 2021 (the “Early Tender Deadline”), $63,206,000 principal amount of its outstanding 5.75% Senior Notes due 2040 (the “Notes”) have been tendered in its previously announced cash tender offer (the “Offer”) to purchase up to $300,000,000 aggregate principal amount (the “Tender Cap”) of the Notes, as well as the anticipated early settlement date for the Offer on May 13, 2021 (the “Early Settlement Date”).

Sonoco Announces the Early Tender Results of Tender Offer and Early Settlement Date for its 5.75% Senior Notes Due 2040

HARTSVILLE, S.C., May 11, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, today announced an agreement to repurchase $150 million of its outstanding common shares in an accelerated share repurchase (“ASR”) transaction with Wells Fargo Bank, N.A., using available cash on hand.

Sonoco Announces $150 Million Accelerated Share Repurchase

HARTSVILLE, S.C., May 03, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, today announced it is increasing prices for all rigid paper containers and closures sold in North America by 9.5 percent, effective with shipments on, and after, June 3 , 2021.

Sonoco Announces Price Increase for Rigid Paper Containers and Closures

Sonoco (SON) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Sonoco (SON) Soars to 52-Week High, Time to Cash Out?

Sonoco (SON) delivers better-than-expected earnings in Q1 aided by productivity improvements and higher volumes.

Sonoco (SON) Tops Q1 Earnings & Revenues, Hikes '21 Guidance

Sonoco Products Company (SON) CEO Howard Coker on Q1 2021 Results - Earnings Call Transcript

Sonoco (SON) delivered earnings and revenue surprises of 5.88% and 2.52%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Sonoco (SON) Q1 Earnings and Revenues Top Estimates

Shares of Sonoco Products (NYSE:SON) fell 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 4.26% over the past year to $0.90, which beat the estimate of $0.85.

Sonoco Products: Q1 Earnings Insights

HARTSVILLE, S.C., April 22, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter ended April 4, 2021.

Sonoco Reports First Quarter 2021 Results

HARTSVILLE, S.C., April 21, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $0.45 per share quarterly common stock dividend. The dividend will be paid on June 10, 2021, to shareholders of record as of May 10, 2021.

Sonoco Declares Regular Quarterly Common Stock Dividend; Board Authorizes Share Repurchases

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sonoco (SON) have what it takes?

This is Why Sonoco (SON) is a Great Dividend Stock

Sonoco Products is a leader in the consumer packaging industry as its rigid paper containers are well known.

Sonoco Products: A Robust Underlying Result, Hidden By Restructuring Charges

Sale of U.S Display and Packaging business, surging demand for consumer packaging business and cost-control actions are contributing to the run-up in Sonoco's (SON) shares.

Sonoco (SON) Hits 52-Week High: What's Driving the Upside?

Sonoco's (SON) latest divesture supports the company's focus on expanding core Consumer and Industrial packaging businesses across the globe.

Sonoco (SON) Sells U.S Display & Packaging Business for $80M

HARTSVILLE, S.C., April 05, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the most diversified global packaging companies, today announced it has closed on the sale of its Display and Packaging business in the United States to Hood Container Corporation for $80 million in cash.

Sonoco Divests U.S. Display Business to Hood Container Corporation

Sonoco's (SON) latest partnership will help transport pharmaceuticals and other temperature-sensitive products safely and efficiently around the globe.

Sonoco's (SON) ThermoSafe Unit Inks Partnership Deal with Unilode

Sonoco (SON) is worth retaining in the portfolio right now, as it focuses on productivity improvement and cost control and is witnessing surging demand for the consumer packaging business.

Here's Why You Should Hold On to Sonoco (SON) Stock Now

ARLINGTON HEIGHTS, Ill., March 16, 2021 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and the leading global provider of temperature-assured packaging solutions, and Unilode Aviation Solutions, the market leader in outsourced Unit Load Device (ULD) management and repair services, announce a partnership for the maintenance, repair and handling of Sonoco ThermoSafe's passive bulk temperature-controlled containers at several key locations. This cooperation will play an important role in enabling the safe and efficient transport of pharmaceuticals and other temperature-sensitive products around the world.

Sonoco ThermoSafe and Unilode Sign Agreement for Maintenance, Repair and Handling of Pegasus ULD® Containers

Encouraging fourth-quarter 2020 results and surging demand for consumer packaging business are contributing to the run-up in Sonoco's (SON) shares.

Sonoco (SON) Hits 52-Week High: What's Driving this Upside?

HARTSVILLE, S.C., March 01, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the most sustainable, diversified packaging companies, has been selected for FORTUNE magazine's World's Most Admired Companies list for 2021 and as one of Barron's 100 Most Sustainable Companies in the United States.

Sonoco Named to FORTUNE's World's Most Admired Companies and Barron's 100 Most Sustainable Companies

Sonoco (SON) delivers better-than-expected fourth-quarter earnings aided by productivity improvements, and higher volumes. The mid-point of 2021 earnings guidance range indicates year-over-year growth of 3%.

Sonoco (SON) Q4 Earnings & Revenue Beat Estimates, Up Y/Y

Sonoco Products Company (SON) CEO Howard Coker on Q4 2020 Results - Earnings Call Transcript

News for Sonoco Products Stock (SON)