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Sonoco Products SON Loss on divestiture of business
Loss on divestiture of business at other companies
Other financials
Where this comes from
Reported directly by Sonoco Products in its filing.
Tagged under the XBRL concept son:GainLossOnDispositionOfBusinessAndOtherAssets.
The source filing: Sonoco Products’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 4:11 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000091767-26-000038
| Line item | Three Months Ended / June 28, 2026 | Three Months Ended / June 29, 2025 | Six Months Ended / June 28, 2026 | Six Months Ended / June 29, 2025 |
|---|---|---|---|---|
| Gross profit | 392,377 | 406,277 | 738,005 | 759,964 |
| Selling, general and administrative expenses | 200,247 | 218,775 | 401,785 | 427,838 |
| Restructuring/Asset impairment charges, net | 1,933 | 9,752 | 17,066 | 23,333 |
| Gain/(Loss) on divestiture of business | 2,640 | (2,083) | 775 | (6,266) |
| Operating profit | 192,837 | 175,667 | 319,929 | 302,527 |
| Non-operating pension costs | 2,920 | 2,982 | 5,416 | 6,103 |
| Interest expense | 45,478 | 64,367 | 89,972 | 120,394 |
| Interest income | 4,064 | 4,122 | 12,715 | 11,470 |
Item 1. Financial Statements.
FAQ
- What is Sonoco Products's loss on divestiture of business?
- Sonoco Products (SON) reported loss on divestiture of business of $2.64M in Q2 2026.
- How has Sonoco Products's loss on divestiture of business changed year-over-year?
- Sonoco Products's loss on divestiture of business increased by 226.7% year-over-year, from -$2.08M to $2.64M.
- What is the long-term trend for Sonoco Products's loss on divestiture of business?
- Over 3 years (2021 to 2025), Sonoco Products's loss on divestiture of business has grown at a 418.5% compound annual growth rate (CAGR), from -$2.67M to $371.72M.
- What does loss on divestiture of business mean?
- This metric captures the net financial impact resulting from the sale, divestiture, or disposal of business units, product lines, or fixed assets. It reflects the difference between the proceeds received and the carrying value of the assets sold. This figure is critical for evaluating the success of portfolio optimization strategies and capital allocation decisions.
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