Sonoco Q2 net sales fell 1.3% to $1.9 billion; GAAP net income down on 2025 gain
Sonoco reported second-quarter 2026 results with net sales down 1.3% to $1.9 billion and GAAP net income of $105 million, down from $493 million a year earlier, which included a $425 million gain on the sale of its TFP business. Adjusted EPS rose 10.2% to $1.51, and the company reaffirmed full-year 2026 guidance but said it expects adjusted EPS toward the low end of the $5.80 to $6.20 range.
Key points
- Q2 net sales of $1.9 billion, down 1.3%, mainly due to the November 3, 2025 ThermoSafe divestiture
- GAAP net income of $105 million, or $1.05 per diluted share, versus $493 million, or $4.96, in Q2 2025
- Adjusted EPS of $1.51, up 10.2% from $1.37; year-to-date operating cash flow was a use of $67 million
- Full-year 2026 guidance reaffirmed: adjusted EPS $5.80 to $6.20, adjusted EBITDA $1.25 billion to $1.35 billion
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.