Silgan Holdings reported second-quarter 2026 net sales of $1.64 billion, a 7% increase driven primarily by the contractual pass-through of higher raw material and manufacturing costs. Adjusted net income was $0.98 per diluted share, down from $1.01 in the prior-year period, reflecting lower adjusted EBIT and higher corporate expenses. Dispensing and Specialty Closures sales grew 2% to $713.9 million, while Metal Containers sales rose 13% to $763.9 million, and Custom Containers sales increased 3% to $165.5 million. The company confirmed its full-year 2026 adjusted EPS guidance of $3.73 to $3.93 and free cash flow guidance of $450 million, including $310 million in capital expenditures. CEO Adam Greenlee noted mixed market conditions, with a 15% volume decline in Brazil impacting the Dispensing and Specialty Closures segment, but expressed confidence in a recovery beginning late in the third quarter.
Silgan Holdings IncAdjusted EPS declined to $0.98 from $1.01, missing prior-year earnings, and full-year guidance remains unchanged amid mixed conditions.