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Second-quarter 2019 net sales were $1.36 billion compared to $1.37 billion from 2018.
July 22, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco reported financial results for its second quarter ending June 30, 2019. Net sales for the second quarter were $1.36 billion, down slightly from last year’s second quarter sales of $1.37 billion. The sales decline was driven by lower volumes and a stronger US dollar. These negative impacts were largely offset by increased sales from acquisitions. Gross profit was $275.3 million in the second quarter, which was down slightly from $276.5 million reported in the same period in 2018. Gros...
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