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Sonoco (SON) Gains From Pricing Actions Amid Low Volumes
SONSonoco(SON) 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 ...