Sonoco (SON) is down sharply in Wednesday, April 22, 2026 trading after the company released first-quarter 2026 results late Tuesday, April 21, 2026. While Sonoco posted GAAP EPS of $0.68 and adjusted EPS of $1.20 on $1.7 billion of sales, investors are focusing on a more cautious profitability tone as management said it is now targeting the low end of its prior full-year adjusted EPS guidance range of $5.80 to $6.20, citing inflationary pressures and lower demand tied to macroeconomic and geopolitical uncertainty. (sec.gov)

Sonoco reported Q1 2026 net sales of $1.676 billion (down 1.9% year over year), adjusted EBITDA of $276.5 million (down 18.1%), and adjusted EPS of $1.20 (down 13.0%). Segment commentary highlighted softer volumes in Consumer Packaging, while Industrial Paper Packaging faced unfavorable volume/mix and losses tied to a fire at a recycling facility in Greenville, South Carolina. (sec.gov)

The company left full-year adjusted EBITDA guidance unchanged at $1.25 billion to $1.35 billion and maintained operating cash flow guidance of $700 million to $800 million, but the shift to “low end” EPS language is weighing on sentiment. Sonoco flagged higher-than-expected inflation across energy, logistics, chemicals and resins, and warned that the changing market environment could pressure both industrial and consumer demand even as it works to pass through costs and drive structural savings. (sec.gov)

Sonoco posted a Q1 cash outflow from operating activities of $(367.9) million, which the company said was expected and included about $103 million of one-time taxes paid in 2026 related to gains from 2025 divestitures, plus seasonal working-capital needs in its metal packaging business. Net debt also increased versus year-end 2025, which may amplify investor sensitivity to any further demand softness or cost pressure later in 2026. (sec.gov)