Quarterly ResultJul 29, 2026, 04:35 PM
Silgan Q2 Net Sales Up 7% to $1.64B; Adjusted EPS $0.98
AI Summary
Silgan Holdings Inc. reported second-quarter 2026 net sales of $1.64 billion, a 7% increase year-over-year, while GAAP net income decreased to $75.8 million, or $0.72 per diluted share. Adjusted net income per diluted share was $0.98, slightly down from $1.01 in the prior year. The company highlighted strong operational execution, high single-digit volume growth in fragrance and pet food markets, and a new long-term supply agreement. Silgan reaffirmed its full-year 2026 adjusted EPS guidance of $3.73 to $3.93 and free cash flow of approximately $450 million.
Key Highlights
- Q2 2026 net sales increased 7% to $1.64 billion.
- Q2 2026 GAAP net income was $75.8 million, down from $89.0 million.
- Q2 2026 adjusted diluted EPS was $0.98, compared to $1.01 in Q2 2025.
- Dispensing and Specialty Closures net sales rose 2% to $713.9 million.
- Metal Containers net sales grew 13% to $763.9 million.
- Confirmed full-year 2026 adjusted EPS guidance of $3.73 to $3.93.
- Confirmed full-year 2026 free cash flow of approximately $450 million.
- Executed a new long-term supply agreement with a vegetable pack customer.
Price Impact
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