Sonoco Products Company (SON), on Monday, reported fourth-quarter net income attributable to the company of $332.2 million, up from a loss of $43.0 million in the same period in 2024.
Operating profit for the period was $520.2 million, up from $56.1 million in the same period in 2024. Earnings per share attributable to Sonoco were $3.33, up from a loss per share of $0.44 in the same period in 2024, primarily due to the gain on the sale of the business.
Adjusted net income attributable to Sonoco improved by 5.1% year-over-year to $104.7 million, and adjusted earnings per share were $1.05.
Fourth-quarter net sales grew to $1.77 billion, up 29.7% from $1.36 billion in the prior-year quarter, primarily from acquisition activity
Looking forward to the full year, the company expects adjusted earnings per share of $5.80 to $6.20.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.