| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.7K | 1.9% |
| Total Income | 1.7K | 1.9% |
| Expenditure | 1.5K | 2.1% |
| PBT | 76.45 | 11.5% |
| Net Profit | 67.60 | 24.2% |
| OPM | 7.58% | 0.16pp |
| NPM | 4.03% | 0.85pp |
| EPS | 0.68 | 23.6% |
Sonoco Reports Q1 2026 Results: Net Sales $1.7 Billion
22 Apr 2026 · 22 Apr, 1:57 am
Summary
Sonoco Products Company reported first quarter 2026 results, with net sales of $1.7 billion. GAAP net income attributable to Sonoco was $67.6 million, up from $54.4 million in the same period last year, and diluted earnings per share increased to $0.68. The company's adjusted operating profit was $200.8 million, and adjusted EBITDA was $276.5 million. Sonoco reaffirmed its full-year adjusted EBITDA guidance but is targeting the lower end of its EPS guidance due to economic uncertainties.
Key Highlights
- 1
Sonoco's first quarter net sales reached $1.7 billion.
- 2
GAAP net income attributable to Sonoco was $67.6 million, an increase from $54.4 million in the same period in 2025.
- 3
Diluted earnings per share attributable to Sonoco increased to $0.68, up from $0.55 in the first quarter of 2025.
- 4
Adjusted operating profit for the first quarter was $200.8 million, while adjusted EBITDA reached $276.5 million.
- 5
The company reaffirmed its full-year adjusted EBITDA guidance of $1.25 billion to $1.35 billion.
- 6
Consumer segment net sales grew by 2.9%, driven by price increases and favorable foreign exchange rates.
- 7
The company is targeting the low end of its previous full-year adjusted diluted EPS guidance of $5.80 to $6.20 due to inflationary pressures and lower demand.
Management Comments
Howard Coker
We are proud of our team’s solid performance in the first quarter despite disruptions from severe winter weather which impacted our customers and our operations, a fire that destroyed a recycling facility in South Carolina and the effects of rapidly changing macroeconomic and geopolitical conditions. Results from our Consumer Packaging segment exceeded our expectations while our Industrial Paper Packaging segment faced operational and demand challenges. Overall, productivity and a favorable price/cost environment more than offset a decline in volume/mix.
Paul Joachimczyk
By staying focused on controlling the controllables, our Consumer and Industrial businesses successfully drove strong productivity savings during the quarter. In addition, our Profitability Performance Plan realized $8 million in recurring cost savings during the period, which we believe provides us a line of sight to realizing at least $32 million of annual savings in 2026 and is a step towards our goal of achieving $150 million to $200 million in savings over the next three years.”
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