Sonoco(SON)
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Sonoco (SON) Gains From Pricing Actions Amid Low Volumes
zacks.com· 2024-05-22 17:11
Sonoco Products Company (SON) has been gaining from the consumer packaging business, its strong productivity and cost-control despite volume declines due to lower consumer spending. Moreover, recent acquisitions and further investments will boost growth in the upcoming quarters. Shares of the company have gained 4.7% in a year compared with the industry's growth of 15.5%. Image Source: Zacks Investment Research Strategic Actions Aid Margins: Sonoco's consumer packaging businesses have been benefiting from t ...
Sonoco(SON) - 2024 Q1 - Quarterly Report
2024-05-01 20:07
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 March 31, 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) - 2024 Q1 - Earnings Call Transcript
2024-05-01 15:52
Sonoco Products Company (NYSE:SON) Q1 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Lisa Weeks - Vice President of Investor Relations Howard Coker - President & Chief Executive Officer Rob Dillard - Chief Financial Officer Rodger Fuller - Chief Operating Officer Conference Call Participants Ghansham Panjabi – Baird George Staphos - Bank of America Securities Mark Weintraub - Seaport Research Partners Gabe Hajde - Wells Fargo Gregory Andreopoulos - Citi Operator Good day and thank ...
Sonoco(SON) - 2024 Q1 - Quarterly Results
2024-04-30 20:13
April 30, 2024 Sonoco Reports First 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 first quarter ended March 31, 2024. Summary: • Generated $166 million of operating cash flow and $80 million of Free Cash Flow • Achieved net income attributable to Sonoco of $65 million, Adjusted EBITDA of $245 million, diluted earnings per share of $0.66 and dilu ...
Sonoco(SON) - 2023 Q4 - Annual Report
2024-02-28 19:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 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 Number: 001-11261 SONOCO PRODUCTS COMPANY (Exact name of registrant as specified in its charter) South Carolina (State or other jurisdiction of incorporati ...
Sonoco(SON) - 2023 Q4 - Earnings Call Transcript
2024-02-15 15:57
Sonoco Products Company (NYSE:SON) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Lisa Weeks - Vice President of Investor Relations Howard Coker - President & Chief Executive Officer Rob Dillard - Chief Financial Officer Rodger Fuller - Chief Operating Officer Conference Call Participants George Staphos - Bank of America Securities Anthony Pettinari - Citi Ghansham Panjabi - Baird Gabe Hajde - Wells Fargo Mark Weintraub - Seaport Research Partners Operator Good day and th ...
Sonoco(SON) - 2023 Q4 - Earnings Call Presentation
2024-02-15 13:24
| --- | --- | --- | --- | --- | |--------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | SONOCO Earnings Presentation \| February 2024 SONOCO FOURTH QUARTER 2023 | | | | | | | | | | | | | | | | | | | | | | | Information about the Company's use of non-GAA ...
Sonoco(SON) - 2023 Q3 - Earnings Call Transcript
2023-11-01 17:07
Sonoco Products Co (NYSE:SON) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Lisa Weeks - VP, IR & Corporate Affairs Robert Coker - President, CEO & Director Robert Dillard - CFO Rodger Fuller - COO Conference Call Participants George Staphos - Bank of America Merrill Lynch Anthony Pettinari - Citigroup Mark Weintraub - Seaport Research Partners Operator Good day, and thank you for standing by. Welcome to the Q3 2023 Sonoco Earnings Conference Call. [Operator Instructions] ...
Sonoco(SON) - 2023 Q3 - Earnings Call Presentation
2023-11-01 16:43
2 Sonoco | www.sonoco.com * Includes Acquisitions and Divestitures Net Sales Capital Allocation 9 | --- | --- | --- | |-------|-------------------------------------------------------------------------------------|-------| | | We are continuing to transform \nthe company through portfolio management and M&A | | | | | | | | We have increasing opportunity | | | | to leverage our operating model to expand margins | | | | | | | | We remain disciplined in capital allocation and expect to further invest to grow | ...
Sonoco(SON) - 2023 Q2 - Earnings Call Transcript
2023-08-01 15:10
Yes, let me talk about the industrial side to start with, which is a bit of a head scratcher for us. We've always looked at if you think about what our industrial business, we supply at the beginning of really industrial and consumer supply chains. And historically what we would have seen is that as the industrial businesses slow, we see an adverse or the opposite happening on the consumer side that starting to pick up. And this is kind of unique situation that we're in right now where industrial if you're ...