Quarterly ResultAug 6, 2026, 09:27 AM
Silgan Q2 Net Sales Up 6.8% to $1.64B; Net Income Down 14.8%
AI Summary
Silgan Holdings Inc. reported mixed results for the second quarter of 2026, with net sales increasing by 6.8% to $1.64 billion, while net income decreased by 14.8% to $75.8 million. Diluted EPS also fell by 13.3% to $0.72. The company repaid $500 million of its 1.4% Senior Secured Notes and increased its quarterly dividend per share.
Key Highlights
- Q2 2026 Net Sales increased 6.8% to $1.64 billion from $1.54 billion in Q2 2025.
- Q2 2026 Net Income decreased 14.8% to $75.8 million from $88.9 million in Q2 2025.
- Q2 2026 Diluted EPS was $0.72, down 13.3% from $0.83 in Q2 2025.
- Repaid $500.0 million aggregate principal amount of 1.4% Senior Secured Notes.
- Dividends declared on common stock increased to $0.21 per share from $0.20.
- Metal Containers segment net sales grew 13.0% to $763.9 million in Q2 2026.
- Net cash used in operating activities for YTD 2026 was $993.9 million.
- $500.0 million remains under common stock repurchase authorization.
Price Impact
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