Silgan Holdings Reports Q1 Results, Reaffirms Guidance

TL;DR

Silgan Q1 sales down slightly to $1.27B, EPS at $0.73. Full-year guidance unchanged.

AI Summary

Silgan Holdings Inc. announced its first quarter 2024 financial results on May 2, 2024. The company reported net sales of $1.27 billion for the quarter, a slight decrease from $1.29 billion in the prior year's first quarter. Diluted earnings per share were $0.73, down from $0.85 in Q1 2023. The company reaffirmed its full-year 2024 guidance.

Why It Matters

This filing provides investors with Silgan's latest financial performance and outlook, impacting their investment decisions regarding the company's stock.

Risk Assessment

Risk Level: low — The filing is a routine financial results announcement with no significant unexpected events or changes in guidance.

Key Numbers

• $1.27B — Q1 2024 Net Sales (Slight decrease from Q1 2023)
• $0.73 — Q1 2024 Diluted EPS (Decrease from Q1 2023)

Key Players & Entities

• Silgan Holdings Inc. (company) — Registrant
• May 2, 2024 (date) — Date of Report
• $1.27 billion (dollar_amount) — Q1 2024 Net Sales
• $1.29 billion (dollar_amount) — Q1 2023 Net Sales
• $0.73 (dollar_amount) — Q1 2024 Diluted EPS
• $0.85 (dollar_amount) — Q1 2023 Diluted EPS

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share SLGN New York Stock Exchange

Filing Documents

• slgn-20240502.htm (8-K) — 29KB
• a991_3x31x24.htm (EX-99.1) — 259KB
• silgan-sxbug_transparent.jpg (GRAPHIC) — 8KB
• 0000849869-24-000061.txt ( ) — 437KB
• slgn-20240502.xsd (EX-101.SCH) — 2KB
• slgn-20240502_lab.xml (EX-101.LAB) — 21KB
• slgn-20240502_pre.xml (EX-101.PRE) — 12KB
• slgn-20240502_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On May 1, 2024, the Registrant issued a press release reporting its financial results for the three month period ended March 31, 2024. A copy of this press release is furnished herewith as Exhibit 99.1. The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished under Item 2.02 of Form 8-K, and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing. Section 9—Financial Statements and Exhibits

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated May 1, 2024. 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SILGAN HOLDINGS INC. By: /s/ Frank W. Hogan, III Frank W. Hogan, III Executive Vice President, General Counsel and Secretary Date: May 2, 2024 3