HARTSVILLE, S.C., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has priced an offering (the "Offering") of senior unsecured notes in a combined aggregate principal amount of $1.8 billion (collectively, the "Notes"). The Notes will be issued in three tranches: $500 million in aggregate principal amount of 4.450% notes due 2026 $600 million in aggregate principal amount of 4.600% ...

Investors interested in stocks from the Containers - Paper and Packaging sector have probably already heard of Sonoco (SON) and AptarGroup (ATR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leavin ...

Sonoco Products Company (SON) announced that it commenced a strategic review of its Thermoformed & Flexible Packaging ("TFP") business. This move is in sync with SON's ongoing strategy to streamline its portfolio and focus on fewer bigger and core businesses to generate improved returns and lower debt levels. Overview of Sonoco's TFP Business The TFP business is part of Sonoco's Consumer Packaging segment. The segment's products consist of rigid packaging (paper, metal and plastic) and flexible packaging. I ...

HARTSVILLE, S.C., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has initiated a review of strategic alternatives for the Company's Thermoformed & Flexible Packaging ("TFP") business, a part of the Company's Consumer Packaging segment. Exploring alternatives for the TFP business is expected to accelerate Sonoco's portfolio simplification strategy, improve pro forma leverage and f ...

Preclinical data has demonstrated the potential of SON-1210, the first albumin-binding bifunctional IL-12/IL-15 fusion protein, for solid tumor immunotherapy An Innovative Immuno Oncology Consortium ("IIOC") led by Oncology experts funded by the Sarcoma Oncology Center will conduct an investigator-initiated Phase 1/2a study of SON-1210 in pancreatic cancer, an indication with significant unmet medical need Company management recently participated in a Virtual Investor KOL Connect segment with world-renowned ...

Sonoco Products Company (NYSE:SON) Q2 2024 Results Conference Call August 1, 2024 9:30 AM ET Company Participants Lisa Weeks - VP of Investor Relations & Corporate Affairs Howard Coker - President, CEO & Director Rob Dillard - Chief Financial Officer Rodger Fuller - Chief Operating Officer Conference Call Participants Matt Roberts - Raymond James George Staphos - BofA Ghansham Panjabi - Baird Mark Weintraub - Seaport Research Partners Gregory Andreopoulos - Citi Operator Good day, and thank you for standing ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-11261 Sonoco Products Company (Exact name of registrant as specified in its charter) South Carolina 57-0248420 (State or other jurisdiction of ...

Sonoco (SON) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.59%. A quarter ago, it was expected that this packaging maker would post earnings of $1.08 per share when it actually produced earnings of $1.12, delivering a surprise of 3.70%. Over the last four quarters, the company has ...

NEWS RELEASE July 31, 2024 Sonoco Reports Second Quarter 2024 Results Hartsville, S.C., U.S. - Sonoco Products Company ("Sonoco" or the "Company") (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its second quarter ended June 30, 2024. Summary: • Achieved GAAP net income attributable to Sonoco of $91 million, Adjusted EBITDA of $262 million, diluted earnings per share of $0.92 and diluted Adjusted earnings per share of $1.28 • Generated strong prod ...