--- title: "Sonoco Products | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.885 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/293519879.md" datetime: "2026-07-22T20:47:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293519879.md) - [en](https://longbridge.com/en/news/293519879.md) - [zh-HK](https://longbridge.com/zh-HK/news/293519879.md) generator: "portal-rs" --- # Sonoco Products | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.885 B Revenue: As of FY2026 Q2, the actual value is USD 1.885 B, beating the estimate of USD 1.877 B. EPS: As of FY2026 Q2, the actual value is USD 1.05, beating the estimate of USD 1.0477. EBIT: As of FY2026 Q2, the actual value is USD 234.25 M. ### Financial Results Reporting Sonoco Products Company issued a news release on July 22, 2026, reporting its financial results for the quarter ended June 28, 2026, and providing full-year 2026 guidance, with details attached as an exhibit . ### Second Quarter 2026 Consolidated Results - **Net Sales**: Net sales were $1,885 million, a -1.3% decrease compared to $1,910 million in the same period of 2025 . - **GAAP Net Income**: GAAP net income was $105 million, a significant decrease from $493 million in the second quarter of 2025, which included a $425 million gain from a business sale . - **Adjusted Net Income**: Adjusted net income improved by 10.6% to $151 million, up from $136 million in the prior-year period . - **GAAP Operating Profit**: GAAP operating profit increased by 9.8% to $193 million, from $176 million in the same period of 2025 . - **Adjusted Operating Profit**: Adjusted operating profit was $242 million, a -1.8% decrease from $247 million in the second quarter of 2025 . - **Adjusted EBITDA**: Adjusted EBITDA for the second quarter was $324 million, a -1.2% decrease from $328 million in the prior-year period . ### Year-to-Date (Six Months Ended June 28, 2026) Consolidated Results - **Net Sales**: Year-to-date net sales were $3,562 million, a -1.6% decrease from $3,620 million in the same period of 2025 . - **GAAP Net Income Attributable to Sonoco**: Net income attributable to Sonoco was $172 million, a -68.5% decrease from $548 million in the prior-year period . - **Adjusted Operating Profit**: Adjusted operating profit was $443 million, a -3.6% decrease from $460 million in the prior-year period . - **Adjusted EBITDA**: Adjusted EBITDA was $601 million, a -9.8% decrease from $666 million in the prior-year period . - **Operating Cash Flow**: Net cash used by operating activities was - $67 million, compared to - $15 million in the same period of 2025, including approximately $103 million in one-time taxes . - **Free Cash Flow**: Free cash flow improved to - $191 million, compared to - $201 million in the same period in 2025 . - **Capital Expenditures**: Capital expenditures, net of proceeds from sales of fixed assets, were $124 million, down from $186 million last year . - **Dividends**: The company returned $106 million to shareholders through dividends, compared to $104 million in the prior-year period . ### Second Quarter 2026 Segment Results #### Consumer Packaging Segment - **Net Sales**: Net sales grew 1.2% to $1,242 million . - **Segment Operating Profit**: Segment operating profit declined approximately -5.4% to $152 million, from $160 million in the prior year . - **Segment Operating Profit Margin**: The segment operating profit margin was 12.2%, down from 13.1% in the prior year . - **Segment Adjusted EBITDA**: Segment Adjusted EBITDA was $207 million, a -3.1% decrease from $213 million . - **Segment Adjusted EBITDA Margin**: The segment Adjusted EBITDA margin was 16.6%, down from 17.4% . - **Operational Metrics**: Paper can volumes were up 9% in EMEA/APAC, while overall segment volumes were down -1.8% . #### Industrial Paper Packaging Segment - **Net Sales**: Net sales increased 4.2% to $643 million . - **Segment Operating Profit**: Segment operating profit increased 4.0% to $89 million, from $86 million in the prior year . - **Segment Operating Profit Margin**: The segment operating profit margin remained resilient at 13.9%, consistent with the prior year . - **Segment Adjusted EBITDA**: Segment Adjusted EBITDA was $122 million, a 2.9% increase from $119 million . - **Segment Adjusted EBITDA Margin**: The segment Adjusted EBITDA margin was 19.0% . - **Operational Metrics**: North America uncoated recycled paperboard (URB) trade tons grew 6%, boosting mill utilization to 95%, while the segment’s volume/mix was flat . ### Balance Sheet Highlights (as of June 28, 2026) - **Liquidity**: The company maintained strong liquidity of $1.3 billion, consisting of $1.1 billion of available borrowing capacity and cash on hand . - **Cash and Cash Equivalents**: Cash and cash equivalents were $169 million, compared to $378 million as of December 31, 2025 . - **Total Debt**: Total debt was $4.5 billion . - **Net Debt**: Net debt was $4.3 billion . ### 2026 Guidance Sonoco Products Company reaffirmed its full-year 2026 guidance . Net Sales are expected to be between $7.25 billion and $7.75 billion, with Adjusted EBITDA guidance remaining at $1.25 billion to $1.35 billion . Cash flow from operating activities is anticipated to be between $700 million and $800 million . ### Related Stocks - [SON.US](https://longbridge.com/en/quote/SON.US.md) ## Related News & Research - [Bank of New York Mellon Corp Invests $60.79 Million in Sonoco Products Company $SON](https://longbridge.com/en/news/297140406.md) - [Vuxen Group announces availability of FY2025/2026 annual report (May 1, 2025–April 30, 2026)](https://longbridge.com/en/news/297499193.md) - [Gaming and Leisure Properties declares Q3 2026 dividend of $0.82 per share](https://longbridge.com/en/news/297652371.md) - [AgroGalaxy delays 2025 results release to Nov. 30, 2026](https://longbridge.com/en/news/297440664.md) - [Enjoei updates financial events calendar for 2026](https://longbridge.com/en/news/297563694.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**