Quarterly ResultApr 29, 2026, 04:49 PM
SLGN Q1 Net Sales +6% to $1.56B; Raises 2026 EPS Outlook
AI Summary
Silgan Holdings Inc. reported first quarter 2026 net sales of $1.56 billion, a 6% increase year-over-year, while net income decreased to $63.0 million from $68.0 million in Q1 2025. Adjusted diluted EPS for the quarter was $0.78, down from $0.82. Despite mixed Q1 results, the company increased its full-year 2026 adjusted diluted EPS estimate to a range of $3.73 to $3.93 and confirmed its 2026 free cash flow estimate of approximately $450 million, driven by strong volume growth in dispensing products and pet food metal containers.
Key Highlights
- SLGN Q1 2026 Net Sales $1.56B, up 6% from Q1 2025.
- Q1 2026 Net Income $63.0M, down from $68.0M in Q1 2025.
- Q1 2026 Adjusted Diluted EPS $0.78, down from $0.82 in Q1 2025.
- Increased 2026 adjusted diluted EPS estimate to $3.73-$3.93.
- Dispensing & Specialty Closures Q1 Net Sales $685.3M, up 2%.
- Metal Containers Q1 Net Sales $724.9M, up 15%.
- Custom Containers Q1 Net Sales $151.1M, down 10%.
- Confirmed 2026 free cash flow estimate of approximately $450M.