Earnings ·
Silgan Holdings Inc. reported second quarter 2026 net sales of $1.64 billion, a 7% increase from the prior year…
SLGNSilgan Holdings Inc
Silgan Holdings Inc. reported second quarter 2026 net sales of $1.64 billion, a 7% increase from the prior year period, driven by contractual pass-throughs of higher raw material costs. Net income decreased to $75.8 million, or $0.72 per diluted share, compared to $89.0 million, or $0.83 per diluted share, in Q2 2025. Adjusted net income per diluted share was $0.98, down from $1.01 a year earlier, as higher rationalization charges of $18.2 million offset favorable price/cost mix. The company confirmed its full-year 2026 adjusted net income per diluted share estimate in the range of $3.73 to $3.93 and provided Q3 guidance of $1.21 to $1.31 per diluted share. Silgan Holdings Inc. operates in the packaging industry, supplying sustainable rigid packaging solutions for consumer goods.