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Sonoco Products remains a soft buy with cost cuts and stable profit outlook despite revenue dips.

Analyst Insights
11 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Sonoco Products Company is considered a soft buy due to its attractive valuation and ongoing cost-cutting efforts, despite recent revenue declines and mixed profitability. Management aims to save $150–$200 million over three years and expects adjusted net income to increase. The company recently acquired Eviosys for $3.8 billion and divested $2.5 billion in assets to focus on stronger segments. Q2 2026 results may show slightly lower revenue but improved earnings per share, with guidance for stable revenue and modest profit growth for the year.

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