• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: Sonoco Products Company filed SEC Form 8-K: Financial Statements and Exhibits, Regulation FD Disclosure

    2/19/25 4:47:33 PM ET
    $SON
    Containers/Packaging
    Consumer Discretionary
    Get the next $SON alert in real time by email
    son-20241204
    0000091767true00000917672024-12-042024-12-04

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
     
    FORM 8-K/A
    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the
    Securities Exchange Act of 1934
     Date of Report (Date of earliest event reported): December 4, 2024
     
    SONOCO PRODUCTS COMPANY
    (Exact name of registrant as specified in its charter)
    001-11261
    (Commission File Number) 
    South Carolina
    57-0248420
    (State or other jurisdiction or incorporation)(I.R.S. Employer Identification Number)
    1 N. Second St.
    Hartsville, South Carolina 29550
    (Address of principal executive offices)(Zip Code)
    (843) 383-7000
    (Registrant's telephone number, including area code)
    N/A
    (Former name or former address, if changed since last report)
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading symbol(s)Name of each exchange on which registered
    No par value common stockSONNew York Stock Exchange
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company    ☐
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐



    Introductory Note
    On December 4, 2024, Sonoco Products Company (the “Company”) filed a Current Report on Form 8-K (the “Original Filing”) in connection with the December 4, 2024 completion of the acquisition of Titan Holdings I B.V. (“Eviosys”), a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands, and a direct wholly owned subsidiary of Titan Holdings Coöperatief U.A., a cooperative with excluded liability (coöperatie met uitgesloten aansprakelijkheid) incorporated under the laws of the Netherlands, as described in more detail in the Original Filing.
    This Current Report on Form 8-K/A amends the Original Filing to include the audited financial statements as of and for the years ended December 31, 2023 and 2022 and the related auditor consent, the unaudited financial statements as of September 30, 2024 and December 31, 2023 and for the nine months ended September 30, 2024 and 2023, and the pro forma financial information required by Item 9.01 of Form 8-K. Except for the filing of such financial statements, auditor consent, and pro forma financial information, this Current Report on Form 8-K/A does not modify or update other disclosures in, or exhibits to, the Original Filing.
    Item 7.01    Regulation FD Disclosure.
    Unaudited supplemental non-GAAP pro forma condensed combined financial measures of the Company and Eviosys for the year ended December 31, 2023 and the nine months ended September 30, 2024 are attached as Exhibit 99.4 to this Current Report and incorporated herein by reference.
    The information in this Item 7.01, including Exhibit 99.4 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
    Item 9.01    Financial Statements and Exhibits.
    (a) Financial statements of businesses or funds acquired.
    The consolidated financial statements and accompanying notes of Eviosys as of December 31, 2023 and 2022 and for the years ended December 31, 2023 and 2022 are filed as Exhibit 99.1 to this Current Report on Form 8-K/A.
    The consolidated financial statements and accompanying notes of Eviosys as of September 30, 2024 and December 31, 2023 and for the three and nine months ended September 30, 2024 and 2023 are filed as Exhibit 99.2 to this Current Report on Form 8-K/A.

    (b) Pro forma financial information.
    The pro forma financial information required by Item 9.01(b) of Form 8-K in relation to the acquisition of Eviosys is filed as Exhibit 99.3 to this Current Report on Form 8-K/A and is incorporated herein by reference.

    (d) Exhibits
    Exhibit No.Description of Exhibit
    23.1
    Consent of PricewaterhouseCoopers Audit, independent auditors of Eviosys
    99.1
    Historical Audited Consolidated Financial Statements and Related Notes of Eviosys as of December 31, 2023 and 2022 and for the years ended December 31, 2023 and 2022 (incorporated by reference to Exhibit 99.1 to the Registrant’s Form 8-K filed on September 13, 2024).
    99.2
    Historical Unaudited Condensed Consolidated Financial Statements and Related Notes of Eviosys as of September 30, 2024 and December 31, 2023 and for the Three and Nine Months ended September 30, 2024 and 2023.
    99.3
    Unaudited Pro Forma Condensed Combined Balance Sheet of Sonoco as of September 30, 2024 and the Unaudited Pro Forma Condensed Combined Statements of Income of Sonoco for the year ended December 31, 2023 and the Nine Months ended September 30, 2024.
    99.4
    Unaudited Supplemental Non-GAAP Pro Forma Financial Information.
    104Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).




    SIGNATURE
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
    SONOCO PRODUCTS COMPANY
    Date: February 19, 2025By:/s/ Jerry A. Cheatham
    Jerry A. Cheatham
    Interim Chief Financial Officer


    Get the next $SON alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SON

    DatePrice TargetRatingAnalyst
    4/22/2025$62.00Buy
    Jefferies
    11/26/2024$63.00Buy
    Truist
    8/21/2024$54.00 → $52.00Equal Weight → Underweight
    Wells Fargo
    7/19/2024$62.00Outperform
    Raymond James
    8/3/2023Buy → Hold
    Argus
    3/20/2023$65.00Neutral → Buy
    Seaport Research Partners
    2/14/2023$67.00Hold → Buy
    Argus
    10/31/2022$65.00 → $58.00Market Perform → Underperform
    BMO Capital Markets
    More analyst ratings

    $SON
    SEC Filings

    See more
    • SEC Form 10-Q filed by Sonoco Products Company

      10-Q - SONOCO PRODUCTS CO (0000091767) (Filer)

      5/2/25 4:03:01 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco Products Company filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - SONOCO PRODUCTS CO (0000091767) (Filer)

      4/29/25 4:42:58 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco Products Company filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - SONOCO PRODUCTS CO (0000091767) (Filer)

      4/17/25 4:07:23 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary

    $SON
    Financials

    Live finance-specific insights

    See more
    • Sonoco Reports First Quarter 2025 Results

      HARTSVILLE, S.C., April 29, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a core mid-cap growth and value equity which is a global leader in high-value sustainable packaging, today reported financial results for the first quarter ended March 30, 2025. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging segment "segment operating profit" and "segment adjusted EBITDA" along with the corresponding year-over-year comparable results, do not include results of the Company's Thermoformed and Flexibles Packaging business and its global Trident business (collectively,

      4/29/25 4:30:00 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco To Report First Quarter 2025 Results

      HARTSVLLE, S.C., April 28, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, will announce first quarter 2025 results on Tuesday, April 29, 2025 after the market closes. The Company will host a conference call to discuss these results on Wednesday, April 30, 2025, at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:Sonoco First Quarter 2025 Earnings Webcast  Time

      4/28/25 2:52:58 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco Increases Quarterly Common Stock Dividend

      HARTSVILLE, S.C., April 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) today increased its quarterly common stock dividend to $0.53 per shares as it celebrated the 100th consecutive year of paying dividends to its shareholders at the Company's annual meeting. The new quarterly dividend will be paid on June 10, 2025, to shareholders of record on May 9, 2025. With the increase, Sonoco's annual dividend payout moves to $2.12 per share up from $2.08 per share. Future quarterly declarations and the establishment of future record and payment dates are subject to final determination by Sonoco's Board of Directors. According to Howard Coker, president and chief exec

      4/16/25 11:50:00 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary

    $SON
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Sonoco Releases 2024 Corporate Sustainability Report

      HARTSVILLE, S.C., May 08, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE:SON), a global leader in value-added sustainable packaging, today released its 2024 Corporate Sustainability Report, marking its transformation into a more sustainable packaging company following the acquisition of Eviosys, Europe's leading metal packaging manufacturer. The union significantly enhances Sonoco's sustainability footprint, global reach and circular packaging portfolio with an additional 6,300 new employees and 45 facilities across Europe, the Middle East and Africa. The Company is now a global leader in metal and fiber packaging, serving some of the best-known consumer and industrial brands, yie

      5/8/25 9:20:00 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco Reports First Quarter 2025 Results

      HARTSVILLE, S.C., April 29, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a core mid-cap growth and value equity which is a global leader in high-value sustainable packaging, today reported financial results for the first quarter ended March 30, 2025. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging segment "segment operating profit" and "segment adjusted EBITDA" along with the corresponding year-over-year comparable results, do not include results of the Company's Thermoformed and Flexibles Packaging business and its global Trident business (collectively,

      4/29/25 4:30:00 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco To Report First Quarter 2025 Results

      HARTSVLLE, S.C., April 28, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, will announce first quarter 2025 results on Tuesday, April 29, 2025 after the market closes. The Company will host a conference call to discuss these results on Wednesday, April 30, 2025, at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:Sonoco First Quarter 2025 Earnings Webcast  Time

      4/28/25 2:52:58 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary

    $SON
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Haley John R bought $100,100 worth of shares (2,246 units at $44.57), increasing direct ownership by 12% to 20,804 units (SEC Form 4)

      4 - SONOCO PRODUCTS CO (0000091767) (Issuer)

      5/2/25 5:46:02 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • President & CEO Coker R. Howard bought $823,472 worth of shares (20,000 units at $41.17), increasing direct ownership by 4% to 502,365 units (SEC Form 4)

      4 - SONOCO PRODUCTS CO (0000091767) (Issuer)

      5/2/25 5:45:00 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Director Hill Robert R Jr bought $220,860 worth of shares (5,475 units at $40.34), increasing direct ownership by 23% to 29,540 units (SEC Form 4)

      4 - SONOCO PRODUCTS CO (0000091767) (Issuer)

      5/2/25 5:34:47 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary

    $SON
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Sonoco Products Company (Amendment)

      SC 13G/A - SONOCO PRODUCTS CO (0000091767) (Subject)

      2/13/24 5:14:02 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Sonoco Products Company (Amendment)

      SC 13G/A - SONOCO PRODUCTS CO (0000091767) (Subject)

      2/8/23 9:34:21 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Sonoco Products Company (Amendment)

      SC 13G/A - SONOCO PRODUCTS CO (0000091767) (Subject)

      2/10/22 8:37:48 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary

    $SON
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Jefferies initiated coverage on Sonoco Products with a new price target

      Jefferies initiated coverage of Sonoco Products with a rating of Buy and set a new price target of $62.00

      4/22/25 7:35:07 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Truist initiated coverage on Sonoco Products with a new price target

      Truist initiated coverage of Sonoco Products with a rating of Buy and set a new price target of $63.00

      11/26/24 7:45:42 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco Products downgraded by Wells Fargo with a new price target

      Wells Fargo downgraded Sonoco Products from Equal Weight to Underweight and set a new price target of $52.00 from $54.00 previously

      8/21/24 7:35:16 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary

    $SON
    Leadership Updates

    Live Leadership Updates

    See more
    • Robert R. Dillard Joins KB Home as Executive Vice President and Chief Financial Officer

      KB Home (NYSE:KBH) today announced that it has appointed Robert R. Dillard as the Company's Executive Vice President and Chief Financial Officer, effective March 31, 2025. Most recently, Mr. Dillard was the Chief Financial Officer at Sonoco Products Company (NYSE:SON), a packaging and industrial products company, with 2024 net sales of $5.3 billion. Previously, he was the President of Domtar Personal Care Europe, a division of Domtar Corporation, and the President of Stanley Hydraulics, a division of Stanley Black & Decker (NYSE:SWK). "On behalf of the entire KB Home team, we welcome Rob to the Company," said Jeffrey Mezger, Chairman and Chief Executive Officer. "Rob is a well-rounded and

      3/24/25 4:10:00 PM ET
      $KBH
      $SON
      $SWK
      Homebuilding
      Consumer Discretionary
      Containers/Packaging
      Industrial Machinery/Components
    • Sonoco Announces Retirement of Diversified Business Leader

      HARTSVILLE, S.C., May 14, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today announced the upcoming retirement of tenured executive, Jeff Tomaszewski, President, Diversified Businesses, effective June 30, 2024. "On behalf of the entire Sonoco team, I want to thank Jeff for the great impact he has had on our team and business during his 22-year career with the company," said Howard Coker, President and CEO. "When we created our All Other group of businesses, I asked Jeff to take over these diversified businesses to evaluate their strategic long-term fit for Sonoco, while working in para

      5/14/24 8:30:00 AM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Sonoco Announces New Vice President of Global Mergers and Acquisitions

      HARTSVILLE, S.C., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), a diversified global packaging leader, today announced the appointment of Shawn Munday as the Vice President of Global Mergers and Acquisitions, reporting to Chief Financial Officer, Rob Dillard. Shawn will lead business development strategies, mergers and acquisitions (M&A), divestitures, and other strategic investment partnerships and activities on behalf of the Company. "Shawn is a dynamic and proven financial and corporate development leader with a successful track record of identifying investments and M&A opportunities for global organizations and we are delighted to have him join Sonoco," said Rob Dillard, CFO.

      9/13/22 5:00:00 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary

    $SON
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Interim CFO Cheatham Jerry A was granted 2,259 shares (SEC Form 4)

      4 - SONOCO PRODUCTS CO (0000091767) (Issuer)

      5/8/25 5:12:46 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • Director Haley John R bought $100,100 worth of shares (2,246 units at $44.57), increasing direct ownership by 12% to 20,804 units (SEC Form 4)

      4 - SONOCO PRODUCTS CO (0000091767) (Issuer)

      5/2/25 5:46:02 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary
    • President & CEO Coker R. Howard bought $823,472 worth of shares (20,000 units at $41.17), increasing direct ownership by 4% to 502,365 units (SEC Form 4)

      4 - SONOCO PRODUCTS CO (0000091767) (Issuer)

      5/2/25 5:45:00 PM ET
      $SON
      Containers/Packaging
      Consumer Discretionary