Sonoco Forecasts 2026 Adjusted EPS of $5.30-$5.50 Amid Rising Input Costs and Lower Consumer Volumes
Sonoco Products Company (SON) reported challenges during the third quarter, citing a combination of rising input costs and declining consumer volumes as primary headwinds. To combat these pressures, the company has implemented rigorous cost control measures and productivity initiatives to mitigate financial impact. Looking ahead, Sonoco provided guidance for 2026, forecasting adjusted earnings per share (EPS) in the range of $5.30 to $5.50. The management team remains focused on operational efficiency to navigate the current macroeconomic environment.
Tickers: $SON
Topics: cost control earnings report productivity initiatives quarterly results