Sonoco Products Company reported financial results for its second quarter ended July 2, 2023. Net sales decreased 11% to $1.7 billion, driven by lower volumes. GAAP operating profit decreased 5% to $188 million as lower overall volume and mix was partially offset by lower acquisition-related and restructuring costs, gains on asset sales, higher price/cost and productivity. Cash flow from operating activities for the first six months of 2023 was $349 million, compared to $184 million in the sa...