Silgan Third-Quarter Net Sales Reach $2.04 Billion as Adjusted EPS Hits a Record $1.31
NORWALK, Connecticut — Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of rigid packaging for consumer goods, on October 29 reported third-quarter 2026 net sales of $2.04 billion, up 2%, and net income of $105.0 million, or $0.99 per diluted share, compared with net income of $113.3 million, or $1.06, a year earlier.
Adjusted net income per diluted share was $1.31, up 7% and a record for a third quarter, at the top of the company's estimated range. Income before interest and income taxes (EBIT) was $191.7 million, versus $198.7 million a year earlier; the quarter included $17.1 million in rationalization charges and $10.3 million in costs attributed to announced acquisitions.
By segment, Dispensing and Specialty Closures net sales were $699.2 million, up 1%, with mid-single-digit volume growth in fragrance dispensing products and double-digit growth in prescription pharma dispensing products in North America. Metal Containers net sales were $1.17 billion, up 1%, and adjusted EBIT rose 10% to $105.2 million as higher fruit, vegetable and pet food volumes partly offset softer soup volumes. Custom Containers net sales were $166.8 million, up 4%, with record third-quarter adjusted EBIT.
Silgan raised its full-year 2026 adjusted EPS estimate to a range of $3.83 to $3.93, a 4% increase at the midpoint over $3.72 in 2025, and confirmed estimated 2026 free cash flow of approximately $450 million and capital expenditures of approximately $310 million. For the fourth quarter, adjusted EPS is estimated at $0.76 to $0.86, up 21% at the midpoint.
President and Chief Executive Officer Adam Greenlee said the company delivered record third-quarter adjusted EPS that grew 7% and was at the top of its estimated range, and that the results show the resilience of its business and operating model through challenging customer and end-market conditions.
Source: GSM · USA (original Chinese edition)
Photo: 美国康涅狄格州 Norwalk 市的 Norwalk 博物馆大楼（公司总部所在地，资料图）。Noroton 摄，公共领域，经 Wikimedia Commons。 / The Norwalk Museum building in Norwalk, Connecticut, where the company is headquartered (file photo). Photo by Noroton, public domain, via Wikimedia Commons.
