Every 8-K that Sonoco Products Company (SON) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SON and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SON filings page.
Sonoco Products Company amended its credit agreement on September 25, 2026, providing for a $400 million Tranche A term loan and a $400 million Tranche B delayed-draw term loan. It borrowed $500 million at closing—$400 million under Tranche A and $100 million under Tranche B—and used the proceeds to refinance its existing $500 million syndicated term loan, scheduled to mature in August 2028. Sonoco expects to use the remaining $300 million under Tranche B to refinance certain outstanding indebtedness at a subsequent date.
Tranche A matures December 31, 2029, and Tranche B December 31, 2031. Neither requires scheduled payments before maturity, and each may be prepaid without premium or penalty. Interest may be based on SOFR or the base rate, with margins based on Sonoco’s senior unsecured long-term debt ratings from S&P and/or Moody’s: Tranche A ranges from 1.575% to 2.075% for SOFR and 0.575% to 1.075% for base-rate borrowings; Tranche B ranges from 1.675% to 2.175% and 0.675% to 1.175%, respectively. Tranche B also carries a 0.100% to 0.225% annual ticking fee on unused commitments until the availability period ends.
Sonoco Products Company announced leadership and organizational changes in its Global Consumer Packaging businesses, aligning them under a single integrated leadership structure reporting to Ernest Haynes, who has been named President, Global Consumer Packaging.
As President of this segment, Haynes will oversee Sonoco’s largest global business with roughly $5.2 billion in annual sales, 98 operations in 25 countries and 11,250 employees, serving major consumer brands. Sonoco’s Industrial Paper Packaging segment continues to be led by James Harrell, while Sean Cairns, President, Sonoco EMEA/APAC, is leaving the company after a long tenure.
Sonoco states that the new structure is expected to simplify its operating model and support collaboration, innovation and growth. Company-wide, net sales from continuing operations were $7.5 billion in 2025, with approximately 22,000 employees in 263 operations across 37 countries.
Sonoco Products Company reported second quarter 2026 results with net sales of $1.9 billion, down 1.3% from a year earlier, mainly reflecting the divestiture of its ThermoSafe business. GAAP net income was $105 million and diluted EPS $1.05, versus $493 million and $4.96, which included a $425 million gain on the Thermoformed and Flexibles Packaging divestiture.
Adjusted performance improved: adjusted net income rose 10.6% to $151 million, adjusted diluted EPS increased to $1.51, and adjusted EBITDA was $324 million, slightly below last year. Industrial Paper Packaging net sales grew 4.2%, with North America URB trade tons up 6% and mill utilization at 95%, while Consumer Packaging net sales grew 1.2% but segment operating profit declined.
Sonoco generated record second quarter operating cash flow of $301 million and free cash flow of $237 million, and ended the quarter with $1.3 billion of liquidity and net debt of $4.3 billion. Management reaffirmed full‑year 2026 guidance, including net sales of $7.25–$7.75 billion, adjusted EBITDA of $1.25–$1.35 billion and adjusted EPS of $5.80–$6.20, supported by productivity and cost initiatives.
Sonoco Products Company reported that Chief Accounting Officer Aditya Gandhi has notified the company of his intention to resign, effective May 29, 2026. The company states that his resignation is not due to any disagreement with Sonoco, its Board, or its accounting policies or practices.
Chief Financial Officer Paul Joachimczyk will serve as the company’s principal accounting officer on an interim basis until a successor is appointed. This ensures continuity in oversight of the company’s accounting and financial reporting functions during the transition.
Sonoco Products Company reported mixed first quarter 2026 results. Net sales from continuing operations were $1.68 billion, down 1.9% year over year, mainly due to the prior divestiture of the ThermoSafe business, partially offset by pricing actions and favorable foreign exchange.
GAAP net income attributable to Sonoco rose to $67.6 million from $54.4 million, with diluted EPS up to $0.68 from $0.55, helped by lower taxes. However, adjusted net income declined to $119.4 million and adjusted EPS fell to $1.20 from $1.38, while adjusted EBITDA dropped 18.1% to $276.5 million, reflecting weaker volume/mix and divestitures.
The Consumer Packaging segment grew net sales 2.9% to $1.10 billion, but segment operating profit and adjusted EBITDA decreased. Industrial Paper Packaging net sales slipped to $579 million, with margin pressure from lower volumes and a fire at a recycling facility. Operating cash flow was a use of $(367.9) million, driven by seasonal working capital and about $103 million of one-time taxes on 2025 divestiture gains, leading to negative free cash flow of $(428.3) million.
For full-year 2026, Sonoco reaffirmed guidance for net sales of $7.25–$7.75 billion, adjusted EBITDA of $1.25–$1.35 billion, and operating cash flow of $700–$800 million, but now expects results at the low end of prior adjusted EPS guidance of $5.80–$6.20 due to inflation and softer demand.
Sonoco Products Company reported the voting results from its 2026 Annual Meeting of Shareholders held on April 15, 2026. Shareholders elected all nominated directors to one-year terms, with each nominee receiving more votes "for" than "against".
They approved the ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 84,309,119 votes for and 4,636,237 against. Shareholders also approved the advisory (non-binding) resolution on executive compensation and Amendment No. 1 to the 2024 Omnibus Incentive Plan.
An advisory (non-binding) shareholder proposal requesting greater transparency in political spending did not pass, receiving 31,557,422 votes for and 42,656,683 votes against, with additional abstentions and broker non-votes reported.
Sonoco Products Company entered into a new unsecured credit agreement providing a delayed draw term loan facility of up to $300 million. The company can draw on this facility, subject to conditions, on or before September 13, 2026, with all borrowings due on the second anniversary of the funding date.
Borrowings will bear interest at either a Term SOFR-based rate or a base rate, plus a margin tied to Sonoco’s credit ratings, ranging from 0.850% to 1.100% for Term SOFR loans and from 0.000% to 0.100% for base rate loans. There is no required amortization, and voluntary prepayments are allowed without penalty, subject to notice and minimum size conditions.
The agreement includes financial covenants requiring minimum Book Net Worth of at least 80% of the level as of March 31, 2024, subject to adjustments, and a minimum Consolidated Interest Coverage Ratio of 3.25 to 1.00. It also contains customary events of default, including nonpayment, covenant breaches, certain cross-defaults, bankruptcy events, and change of control.
Sonoco Products Company filed an amended report to update the retirement date of its Chief Operating Officer, Rodger Fuller. His retirement as COO, originally expected to be effective February 28, 2026, has been moved to April 11, 2026. No other aspects of the earlier disclosure were changed.
Sonoco Products Company used its 2026 Investor Day to outline multi‑year growth, profitability and balance sheet goals. The company is targeting adjusted EBITDA of approximately $1.5 billion and about a 200 basis‑point expansion in adjusted EBITDA margins by the end of 2028.
From 2026 through 2028, Sonoco aims for roughly $2.5 billion of cumulative cash flow from operations, while keeping capital expenditures near 4% of sales and reducing long‑term net leverage to below 2.5x by the end of 2028. The plan also emphasizes continued dividends and future share repurchases as part of its capital return strategy.
Sonoco Products Company reported a strong turnaround for the fourth quarter and full year 2025 and issued upbeat 2026 guidance. Fourth quarter net sales rose 29.7% to $1.8 billion, helped by the Eviosys Metal Packaging EMEA acquisition, with GAAP net income swinging to $332.2 million from a prior-year loss and diluted EPS reaching $3.33. Adjusted EPS was $1.05.
For 2025, net sales grew 41.7% to $7.5 billion and GAAP net income attributable to Sonoco jumped to $1.0 billion, or $10.07 per diluted share, while adjusted EPS increased to $5.71. Operating cash flow was $690 million, and Free Cash Flow was $392.7 million.
The company completed divestitures of TFP and ThermoSafe, receiving substantial proceeds and reducing net debt by $2.7 billion, ending 2025 with total debt of $4.3 billion, cash of $378 million and net leverage of 3.0x Adjusted EBITDA. For 2026, Sonoco targets net revenue of $7.25–$7.75 billion, adjusted EPS of $5.80–$6.20, adjusted EBITDA of $1.25–$1.35 billion, and operating cash flow of $700–$800 million, supported by a multi‑year profitability performance plan and a simpler two‑segment structure.
Sonoco Products Company has appointed Craig L. Nix to its Board of Directors as an independent member. He will serve on the Audit Committee and the Financial Policy Committee and will stand for election at the Company’s 2026 Annual General Meeting.
Nix is currently Chief Financial Officer of First Citizens BancShares, Inc., overseeing core corporate finance functions. Sonoco states there are no arrangements behind his selection and no related-party transactions requiring disclosure. A press release announcing his appointment is furnished as an exhibit, and the Company links this addition to its ongoing strategy around portfolio simplification, organizational streamlining and capital investments.
Sonoco Products Company reported a leadership change, with Chief Operating Officer Rodger Fuller set to retire effective February 28, 2026. Fuller has served the company for roughly four decades, and Sonoco publicly expressed its appreciation for his long-term contributions and service.
The company stated that it does not intend to appoint a successor to the COO role, indicating that existing leadership will likely absorb his responsibilities within the current structure. Sonoco also issued a press release on January 20, 2026 to announce the retirement, which is included as an exhibit to this report.
Sonoco Products Company completed the sale of its ThermoSafe business to Arctic US Bidco, Inc. on November 3, 2025. The transaction totals up to $725,000,000, comprising $650,000,000 paid at closing on a cash‑free, debt‑free basis (subject to customary adjustments) and up to $75,000,000 of additional consideration tied to 2025 performance measures.
The company states that forward‑looking statements related to expected benefits, portfolio simplification, organizational streamlining, and capital investments are subject to risks and uncertainties, including the potential non‑achievement of performance measures for the additional consideration.
Sonoco Products Company reported that it issued a news release covering financial results for the quarter ended September 28, 2025 and provided guidance for full year 2025.
The company furnished the release as Exhibit 99 to a Form 8-K under Item 2.02, with the cover page Inline XBRL included as Exhibit 104.
Sonoco Products Company announced that it has entered into a Share and Asset Purchase Agreement to sell its ThermoSafe business to Arctic US Bidco, Inc. The filing states that Buyer will acquire the ThermoSafe business on the terms and subject to the conditions in the Purchase Agreement and that a press release describing the transaction is furnished as Exhibit 99.1 and incorporated by reference. The filing does not disclose purchase price, financing, closing conditions, or any financial metrics for the Business in this document.