Sonoco Products

Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Protective Solutions, and Display and Packaging. The Consumer Packaging segment offers round and shaped rigid containers, fiber and plastic caulk and adhesive tubes, and aluminum, steel, and peelable membrane easy-open closures for paper and metal cans. The Paper and Industrial Converted Products segment produces recycled paperboard, chipboard, tubeboard, lightweight corestock, and boxboard. The Protective Solutions segment manufactures custom-engineered, paperboard-based, and molded foam protective packaging and components. The Display and Packaging segment consists of point-of-purchase displays, custom packaging, retail packaging, and supply chain management. The company was founded on May 10, 1899, and is headquartered at Hartsville, SC.

Earnings data Q1 2021

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Sonoco Products reports robust Q4 earnings amidst cost challenges

Sonoco Products delivered strong financial results in Q4 2022, driven by revenue and earnings growth, despite facing margin and earnings headwinds.
The company's focus on consumer business strength, cost management, and strategic initiatives positions it well for future growth and stability.
Challenges related to price cost impacts and industrial volume declines are being addressed through efficiency improvements and market normalization strategies.
Opportunities for growth and margin enhancement exist through consumer volume expansion, cost reduction initiatives, and sustainability-focused solutions.

Sonoco Products reports strong Q1 performance amidst global challenges

Sonoco Products (SON) delivered a strong Q1 performance driven by commercial excellence programs and productivity improvements. While facing challenges such as global volume declines and uncertainty in European and Asian regions, the company remains focused on sustainable packaging solutions and operational enhancements. Opportunities lie in leveraging staple food products for Consumer growth and engaging with management for further insights.

Sonoco resilient in turbulent markets, affirms guidance amidst challenges

Sonoco navigated turbulent market conditions in Q2 2023 to deliver stable profitability and affirm guidance for the year.
Challenges from lower volumes and inflation were offset by strategic strengths in portfolio reshaping and operational efficiency.
Anticipated acquisitions and focus on growth areas present opportunities for Sonoco's future performance and resilience.
Despite challenges, Sonoco's commitment to ESG initiatives and strong cash generation underpin its strategic resilience and growth potential.

Sonoco Products beats Q3 profit expectations, focuses on growth

Sonoco Products delivered strong Q3 results, exceeding profit expectations through effective cost management and productivity.
While facing challenges in certain segments, Sonoco's strategic acquisitions and focus on core businesses position it for future growth.
Management's emphasis on cost control and strategic initiatives, along with increased guidance, reflects confidence in sustained performance and profitability.

Sonoco Products reports record cash flow and net sales in 2023, eyes growth through strategic initiatives

Sonoco Products navigated through volume challenges in 2023 to achieve strong financial performance, focusing on growth initiatives and margin improvement. The company anticipates addressing challenges such as inflationary pricing and lower demand while capitalizing on opportunities through strategic initiatives and synergies.

Sonoco impresses with strong Q1 earnings and strategic outlook

Sonoco's Q1 earnings call highlighted robust financials, strategic goals for the future, and successful divestitures and mergers. The company's focus on productivity, sustainability, and managing price-cost dynamics positions it well for growth and efficiency.

Sonoco Products reports resilient Q3 performance and strategic growth moves

Sonoco Products demonstrated resilience and growth in Q3 2024, leveraging strategic priorities to navigate challenges and capitalize on opportunities for long-term success.
The acquisition of Eviosys and review of strategic alternatives signal a proactive approach to enhancing shareholder value and strengthening Sonoco's market position.
Management's confidence in their strategy and commitment to operational excellence underscore a positive outlook for Sonoco's future performance and value creation.

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Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and services. It operates through the following segments: Consumer Packaging, Industrial Paper Packaging, and All Other. The Consumer Packaging segment offers round and shaped rigid containers, fiber and plastic caulk and adhesive tubes, and aluminum, steel, and peelable membrane easy-open closures for paper and metal cans. The Industrial Paper Packaging segment produces recycled paperboard, chipboard, tubeboard, lightweight corestock, and boxboard. The All Other segment consists of corporate expenses allocated as operating costs through the business segments. The company was founded on May 10, 1899, and is headquartered at Hartsville, SC.

Sonoco (SON) delivered earnings and revenue surprises of 6.49% and 5.37%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Sonoco (SON) Beats Q4 Earnings and Revenue Estimates

Provides 2021 Base EPS and Cash Flow Guidance Provides 2021 Base EPS and Cash Flow Guidance

Sonoco Reports Fourth-Quarter and Full-Year 2020 Results

Sonoco Products Company (SON) (NYSE:SON) is a U.S.-based packaging company.

Sonoco Products Reminiscent of a Low-Risk Warren Buffet Stock

ARLINGTON HEIGHTS, Ill., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and the leading global provider of temperature assurance packaging for life sciences and healthcare, and AirBridgeCargo Airlines, an all-cargo carrier within the Volga-Dnepr Group, have successfully conducted a test shipment with ThermoSafe's new Pegasus ULD®, the world's first passive bulk temperature controlled container for pharmaceutical use that is an approved unit load device.

Sonoco ThermoSafe Celebrates First Pegasus ULD® Uplift on AirBridgeCargo Airlines, Releases Case Study

Integrated Systems, Inc. will Aid Sonoco's Advanced Manufacturing Automation Strategy Integrated Systems, Inc. will Aid Sonoco's Advanced Manufacturing Automation Strategy

Sonoco Partnering with Integrated Robotics and Automation Provider

Sonoco Products Co. said Monday it will raise prices on certain consumer packaging components by 8%, citing continued cost inflation. The company said its prepared and specialty foods business segment will raise prices for crystallized polyethylene terephthalate (CPET) and polypropylene (PP) thermoformed plastic trays and bowls by 8%.

Sonoco Products to raise prices on plastic trays, bowls amid continued cost inflation

HARTSVILLE, S.C., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, announced today that its Prepared and Specialty Foods Segment will raise prices for CPET (crystallized polyethylene terephthalate) and PP (polypropylene) thermoformed plastic trays and bowls by 8 percent. The increases will be applied individually, and depending on product category, effective for shipments beginning on February 22, 2021.

Sonoco Announces Price Increases for Prepared and Specialty Foods Segment

Negatively impacted by the pandemic as well as by higher OCC pricing reactions to China's National Sword policy, Sonoco Products opted to freeze its dividend rate in 2020. Sonoco's products continue to be in high demand. It continues to innovate and disrupt its industry. It's a Dividend Champion with a 37 year track record of dividend rate growth.

Sonoco Products' 2020 Dividend Freeze

Let's see if Sonoco Products (SON) stock is a good choice for value-oriented investors right now from multiple angles.

Is Sonoco Products (SON) a Good Stock for Value Investors?

HARTSVILLE, S.C., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the most sustainable, diversified global packaging companies, will host its regular investor conference calls to discuss quarterly financial results on the below dates and times. Any updates to these reporting dates or times will be communicated in subsequent news releases.

Sonoco Announces Quarterly Conference Calls and Webcasts for 2021

Polaris

Toll Brothers

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A Trio of Fairly Valued Consumer Cyclicals to Consider

Sonoco (SON) arm -- Sonoco Alcore -- is implementing price increases in the EMEA region in response to the rapidly-rising costs across its business.

Sonoco's (SON) Arm Hikes Prices for Tubes & Recycled Paperboard

BRUSSELS, Belgium, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today announced it will raise prices for paper-based tubes and cores by 7%. The increases will be applied individually and depending on product category, effective from shipments beginning on 18 January 2021.

Sonoco-Alcore to Increase Prices for Tubes & Cores in the EMEA Region

Sonoco-Alcore to Increase Prices for Tubes & Cores in the United Kingdom and Ireland

HARTSVILLE, S.C., Dec. 14, 2020 (GLOBE NEWSWIRE) -- Sonoco, one of the most sustainable, diversified global packaging companies, is pleased to announce it has again been named one of America's Most Responsible Companies by Newsweek. The Company also received an MSCI ESG “A” rating.

Sonoco Named One of America's Most Responsible, Earns “A” on MSCI ESG Rating

HARTSVILLE, S.C., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Sonoco, one of the most sustainable, diversified global packaging companies, is pleased to announce its partnership with the Digital Watermarks Initiative Holy Grail 2.0, an initiative facilitated by AIM, the European Brands Initiative, to prove the viability of digital watermarking for sorting packaging waste and the business case at scale.

Sonoco Joins Holy Grail 2.0, an Initiative to Prove Viability of Digital Watermarking for Sorting Packaging Waste

Sonoco (SON) is implementing price-increase actions for all North American rigid paper containers and closures in response to the rapidly-increasing raw-material costs.

Sonoco (SON) Hikes Prices for Rigid Paper Containers & Closures

HARTSVILLE, S.C., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, today announced it is increasing prices for all rigid paper containers and closures sold in North America by 5 percent, effective with shipments on, and after, January 15, 2021.

Sonoco Implementing Price Increases for All Rigid Paper Containers and Closures

The divesture supports Sonoco's (SON) efforts to simplify its operating structure in a bid to focus on expanding the company's core Consumer and Industrial packaging businesses.

Sonoco (SON) Wraps Up Sale of Europe Contract Packaging Business

HARTSVILLE, S.C., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, announced it has completed the divestiture of its Europe contract packaging business to a subsidiary of Prairie Industries Holdings, a Wisconsin-based contract packaging and contract manufacturing firm backed by The Halifax Group, a Washington, D.C.-based global investment firm, for $120 million in cash.

Sonoco Completes Divestiture of Europe Contract Packaging Business to Prairie Industries Holdings backed by The Halifax Group

Sonoco's (SON) latest packaging solutions are 100% recyclable and designed to provide support for heavyweight products.

Sonoco (SON) Unveils Recyclable Packaging for Heavy Products

Sonoco (SON) reported earnings 30 days ago. What's next for the stock?

Sonoco (SON) Up 7.3% Since Last Earnings Report: Can It Continue?

New FiberMax™ Packaging delivers more sustainable option for heavy and high-value products New FiberMax™ Packaging delivers more sustainable option for heavy and high-value products

Sonoco Introduces Lightweight Recyclable Packaging for Heavyweight Products

ARLINGTON HEIGHTS, Ill., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and the leading global provider of temperature assurance packaging for life sciences and healthcare, announced the launch of its new EOS™ line of fully curbside recyclable temperature controlled packaging in the U.S.   

Sonoco ThermoSafe Launches EOS™ Line of Curbside Recyclable Temperature Controlled Parcel Shippers

Integrated machine brings automatic roll feeding capability of Tyvek to Sonoco-Alloyd Aergo 2 and Aergo 2 Plus heat-sealing machines, helping reduce operator error and tooling costs Integrated machine brings automatic roll feeding capability of Tyvek to Sonoco-Alloyd Aergo 2 and Aergo 2 Plus heat-sealing machines, helping reduce operator error and tooling costs

News for Sonoco Products Stock (SON)