Sonoco Products Company (SON) Q4 2023 Earnings Call Transcript

Feb. 15, 2024 10:57 AM ETSonoco Products Company (SON) Stock
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Q4: 2024-02-14 Earnings Summary

10-K
EPS of $1.02 misses by $0.08 | Revenue of $1.64B (-2.40% Y/Y) beats by $11.07M

Sonoco Products Company (NYSE:SON) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET

Company Participants

Lisa Weeks - Vice President of Investor Relations
Howard Coker - President & Chief Executive Officer
Rob Dillard - Chief Financial Officer
Rodger Fuller - Chief Operating Officer

Conference Call Participants

George Staphos - Bank of America Securities
Anthony Pettinari - Citi
Ghansham Panjabi - Baird
Gabe Hajde - Wells Fargo
Mark Weintraub - Seaport Research Partners

Operator

Good day and thank you for standing by. Welcome to the Fourth Quarter 2023 Sonoco's Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Lisa Weeks, Vice President of Investor Relations. Please go ahead.

Lisa Weeks

Thank you, operator and thanks to everyone for joining us today for Sonoco's fourth quarter and full year 2023 earnings call. Joining me this morning are Howard Coker, President and CEO; Rob Dillard, Chief Financial Officer; and Rodger Fuller, Chief Operating Officer.

Last evening, we issued a news release highlighting our financial performance for the fourth quarter and full year, and we prepared a presentation that we will reference during this call. The press release and presentation are available online under the Investor Relations section of our website.

As a reminder, during today's call, we will discuss a number of forward-looking statements based on current expectations, estimates, and projections. These statements are not guarantees of future performance and are subject to certain risks and uncertainties. Therefore, actual results may differ materially. Please take a moment to review the forward-looking statements on Page 2 of the presentation.

Additionally, today's presentation includes the

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