Sonoco Products SON Restructuring Costs And Asset Impairment Charges
Restructuring Costs And Asset Impairment Charges at other companies
Other financials
Where this comes from
Reported directly by Sonoco Products in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCostsAndAssetImpairmentCharges.
The official record: Sonoco Products’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Sonoco Products's restructuring costs and asset impairment charges?
- Sonoco Products (SON) reported restructuring costs and asset impairment charges of $15.13M in Q1 2026.
- How has Sonoco Products's restructuring costs and asset impairment charges changed year-over-year?
- Sonoco Products's restructuring costs and asset impairment charges increased by 11.4% year-over-year, from $13.58M to $15.13M.
- What is the long-term trend for Sonoco Products's restructuring costs and asset impairment charges?
- Over 3 years (2021 to 2025), Sonoco Products's restructuring costs and asset impairment charges has grown at a 71.5% compound annual growth rate (CAGR), from $14.21M to $71.72M.
- What does restructuring costs and asset impairment charges mean?
- This metric represents expenses incurred from organizational realignments, facility closures, or the write-down of long-lived assets due to diminished value. It reflects management's efforts to optimize operational efficiency and adapt the asset base to changing market conditions. Investors monitor these charges to assess the impact of strategic transformations on short-term profitability.