Sonoco Products reports Q3 EPS of USD -7.36
Sonoco Products reported Q3 net income of USD -732 million.
Story updates
09:13:43 PM UTC
SquawkNews
Sonoco reported third-quarter 2026 net sales of $2.04 billion and a GAAP net loss of $732.1 million, driven principally by a non-cash goodwill impairment charge. Adjusted net income attributable to Sonoco was $167.2 million, or $1.67 per adjusted diluted share, while adjusted EBITDA for the quarter…