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Sonoco Products Co. - SON STOCK NEWS

Welcome to our dedicated news page for Sonoco Products Co. (Ticker: SON), a resource for investors and traders seeking the latest updates and insights on Sonoco Products Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sonoco Products Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sonoco Products Co.'s position in the market.

Rhea-AI Summary
Sonoco (SON) Implements $50 Price Increase for Uncoated Recycled Paperboard (URB) in US and Canada
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.23%
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none
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Rhea-AI Summary
Sonoco Products Company reported financial results for its third quarter ended October 1, 2023. The company achieved fully diluted earnings per share of $1.32 and adjusted earnings per share of $1.46. Sales, net income, and adjusted EBITDA showed sequential growth. The company continued to see strong results in the flexible packaging and rigid paper container businesses. Inflationary pricing pressures impacted year-over-year demand in the consumer segment. Sonoco generated $617 million of operating cash flow in the first nine months of 2023. The company raised its full-year adjusted EPS and adjusted EBITDA guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.56%
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-
Rhea-AI Summary
Sonoco Products Company will announce its third quarter 2023 results on October 31, 2023, followed by a conference call on November 1, 2023. A live webcast and replay will be available on the Sonoco Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
conferences earnings
Rhea-AI Summary
Sonoco declares $0.51 per share quarterly dividend, marking 394 consecutive quarters of dividend payments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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dividends
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Rhea-AI Summary
Sonoco completes acquisition of RTS Packaging, expanding its packaging solutions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
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none
Rhea-AI Summary
New Water Capital Completes Acquisitions of Norwood Paper Inc. and BulkSak International, Expanding Transportation Packaging Solutions Platform in North America
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Rhea-AI Sentiment
End-of-Day
-2.73%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
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-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
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conferences earnings
Sonoco Products Co.

NYSE:SON

SON Rankings

SON Stock Data

5.52B
97.15M
0.64%
79.2%
1.16%
Other Paperboard Container Manufacturing
Manufacturing
Link
United States
Hartsville

About SON

a global supplier of innovative packaging solutions, bringing more to packaging than just the package. about us: founded in 1899, sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. with annualized net sales of approximately $4.8 billion, we have 20,000 employees working in more than 300 operations in 33 countries, serving some of the world's best known brands in some 85 nations. for more information about us, visit www.sonoco.com. what we do: sonoco is the world's largest producer of paperboard containers, and a leading manufacturer of tubes and cores; convenience closures; consumer and industrial thermoformed plastic packaging; engineered molded and extruded plastic products; protective, temperature and retail assurance packaging. awards and accolades: third-party organizations regularly recognize us for our corporate citizenship. we've been listed in the dow jones sustainability