Reynolds Consumer Products

Reynolds Consumer Products, Inc. manufactures and sells household products. It operates through the following segments: Presto Products, Reynolds Cooking & Baking, Hefty Waste & Storage and Hefty Tableware. The Reynolds Cooking & Baking segment produces branded and store brand foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, plastic wrap, baking cups, oven bags and slow cooker liners. The Hefty Waste & Storage segment produces both branded and store brand trash and food storage bags. The Hefty Tableware segment sells both branded and store brand disposable and compostable plates, bowls, platters, cups and cutlery. The Presto Products segment sells store brand products in four main categories including food storage bags, trash bags, reusable storage containers and plastic wrap. The company was founded in 2010 and is headquartered in Lake Forest, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Reynolds Consumer Products reports record revenues and outlines growth strategies

Reynolds Consumer Products reported record net revenues in Q4 2022, with a focus on operational improvements and cost management to address challenges in the Cooking & Baking segment.
Despite EBITDA miss and competitive pressures, the company remains optimistic about growth prospects, supported by strong performance in other segments and strategic initiatives.
Maintaining profitability, driving efficiencies, and capitalizing on growth opportunities are key priorities for Reynolds in navigating market dynamics and achieving sustainable financial success.
With a clear roadmap for recovery and growth, Reynolds Consumer Products aims to leverage strengths, address challenges, and capitalize on opportunities to drive performance and shareholder value.

Reynolds Consumer Products reports Q1 revenue growth amidst cost challenges

Reynolds Consumer Products navigated Q1 2023 with revenue growth, though facing challenges from cost increases impacting profitability. The company's strategic focus on market share growth, innovation, and sustainability presents opportunities for future success.

Reynolds Consumer Products reports strong Q2 earnings and optimistic outlook

Reynolds Consumer Products reported strong Q2 performance, with a focus on growth and profitability through successful execution of recovery plans and ongoing innovation. Despite challenges in Q3 revenue projections and elasticity issues, the company remains optimistic about opportunities for growth and improved financial metrics.

Reynolds Consumer Products excels in Q3, eyes sustainability growth

Reynolds Consumer Products delivered strong Q3 results, highlighted by margin expansion and successful acquisitions. The company's focus on deleveraging, sustainable product development, and improved leverage positions it for continued growth. Challenges include revenue guidance concerns and competition disruptions, while opportunities exist in sustainability initiatives and upcoming Investor Day.

Reynolds Consumer Products excels in 2023, focuses on growth strategies

Reynolds Consumer Products reports strong 2023 performance with record profit and margin expansion despite challenges in consumer staples. The company aims to drive growth in 2024 through volume expansion, margin improvement, and cost management while emphasizing sustainability and innovation. Investor Day on March 19 in New York will further discuss growth strategies.

Reynolds Consumer Products surpasses Q1 expectations, eyes sustainable growth

Reynolds Consumer Products reported strong Q1 performance, exceeding expectations and showcasing positive business results. Despite consumer environment pressures, the company remains focused on growth strategies and achieving its 2024 financial objectives. With a commitment to innovation, sustainability, and financial discipline, Reynolds is poised for continued success.

Reynolds Consumer Products reports record Q2 earnings and growth opportunities

Reynolds Consumer Products delivered exceptional second-quarter results, showcasing strength in key segments and retail revenue growth. While facing margin challenges in Q4, the company remains focused on innovation and cost savings. Opportunities lie in attracting younger consumers, driving category growth, and capitalizing on the shift towards household essentials.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Reynolds Consumer Products, Inc. engages in the manufacture and sale of household products. It operates through the following segments: Reynolds Cooking and Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking and Baking segment produces branded and store brand foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, plastic wrap, baking cups, oven bags and slow cooker liners. The Hefty Waste and Storage segment offers both branded and store brand trash and food storage bags. The Hefty Tableware segment sells both branded and store brand disposable and compostable plates, bowls, platters, cups and cutlery. The Presto Products segment focuses on store brand products in four main categories including food storage bags, trash bags, reusable storage containers, and plastic wrap. The company was founded in 2010 and is headquartered in Lake Forest, IL.

Reynolds Consumer Products (REYN) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.

Reynolds Consumer Products (REYN) Q1 Earnings Meet Estimates

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (“RCP” or “the Company”) (Nasdaq: REYN) today reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Net Revenues of $874 million, up 3% over Q1 prior year net revenues Net Income of $17 million vs. $52 million in Q1 2022 Adjusted EBITDA of $82 million vs. $112 million in Q1 2022 Earnings Per Share of $0.08 vs. $0.25 in Q1 2022; Adjusted Earnings Per Share of $0.08 vs. $0.26 in Q1 2.

Reynolds Consumer Products Reports First Quarter 2023 Financial Results

The company is on a slow-growth track, limiting its investment returns. Investors should wait for a higher dividend yield.

Reynolds Consumer Products: Likely No Dividend Increase Anytime Soon

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (Nasdaq: REYN) (or “the Company”) today announced it will report first quarter 2023 financial results on Wednesday, May 10, 2023, before market open. The Company will host a conference call to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) that same day. To access the conference call: U.S.

Reynolds Consumer Products to Report First Quarter 2023 Financial Results on May 10, 2023

Actor and entrepreneur Ryan Reynolds said Monday he has invested in Canadian fintech Nuvei Corp. NVEI, -3.59% NVEI, -3.21% “I know about as much about fintech as I did about gin or mobile a few years ago,” Reynolds said in a statement. “But Nuvei is impressive.

Ryan Reynolds buys stake in Canadian fintech Nuvei, stock up premarket

Reynolds Consumer Products (NASDAQ: REYN) share price has struggled to gain traction since the IPO,  but one thing is certain. When the share prices drop below $27.75, someone in the market steps in and buys them, which is happening now.

Reynolds Consumer Products High Yield Bought on the Dip

Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q4 2022 Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Mark Swartzberg - Investor Relations Lance Mitchell - President and Chief Executive Officer Michael Graham - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Jason English - Goldman Sachs Kaumil Gajrawala - Credit Suisse Tristen Chau - Stifel Peter Grom - UBS Rob Ottenstein - Evercore ISI Operator Ladies and gentlemen, thank you for standing by and welcome to the Reynolds Consumer Products Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Reynolds Consumer Products Inc. (REYN) Q4 2022 Earnings Call Transcript

Reynolds Consumer Products (REYN) delivered earnings and revenue surprises of -7.02% and 2.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Reynolds Consumer Products (REYN) Misses Q4 Earnings and Revenue Estimates

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022. Fiscal Year 2022 Highlights Net Revenues of $3,817 million, up 7% over prior year net revenues Net Income of $258 million; Adjusted Net Income of $269 million Adjusted EBITDA of $546 million Earnings Per Share of $1.23; Adjusted Earnings Per Share of $1.

Reynolds Consumer Products Reports Fourth Quarter and Fiscal Year 2022 Financial Results

LAKE FOREST, Ill.--( BUSINESS WIRE )--Reynolds Consumer Products Inc. (Nasdaq: REYN) (“RCP” or the “Company”) today announced it will report its fourth quarter and full year financial results for the period ended December 31, 2022, on Wednesday, February 8, 2023, before market open.

Reynolds Consumer Products to Report Fourth Quarter and Full Year 2022 Financial Results on February 8, 2023

Reynolds Consumer Products' topline revenue growth is driven by price increases, which may not continue. The decline in sales volumes coupled with high inventory levels is worrying.

Reynolds Consumer Products: Faces Volume Growth And Profitability Headwinds

Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q3 2022 Results Conference Call November 8, 2022 8:00 AM ET Company Participants Mark Swartzberg - Investor Relations Lance Mitchell - President and Chief Executive Officer Michael Graham - Chief Financial Officer Conference Call Participants Bill Chappell - Truist Securities Mark Astrachan - Stifel Rob Ottenstein - Evercore Andrea Teixeira - JP Morgan Lauren Lieberman - Barclays Jason English - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by and welcome to the Reynolds Consumer Products Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Reynolds Consumer Products Inc. (REYN) Q3 2022 Earnings Call Transcript

Reynolds Consumer Products (REYN) delivered earnings and revenue surprises of 9.09% and 1.46%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Reynolds Consumer Products (REYN) Q3 Earnings Surpass Estimates

Reynolds Consumer Products Inc. REYN, +3.33% reported Tuesday third-quarter profit that topped expectations but revenue that came up short, and provided a downbeat fourth-quarter outlook, as volume declined and as the effect of inflation pressures and consumer reaction to price increases remained uncertain. The branded consumer products company's net income fell to $48 million, or 23 cents a share, from $66 million, or 31 cents a share, in the year-ago period.

Reynolds Consumer beats on profit but misses on revenue, as prices rose 14% but volume dropped 7%

Reynolds Consumer Products Reports Third Quarter 2022 Financial Results

Reynolds Consumer Products Inc. earnings were in-line in Q2 but sales came in softer than expected. REYN pays out a 3.2% dividend yield which is well covered by earnings over the past four quarters.

Reynolds Consumer Products: Assessing Total Return Potential

Reynolds Consumer Products Inc. to Report Third Quarter 2022 Financial Results on November 8, 2022

LAKE FOREST, Ill,--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reiterated its fourth quarter and fiscal year ending December 31, 2022, and updated its net revenue growth range outlook for its third quarter ending September 30, 2022. The Company reiterates the earnings guidance ranges that it provided in its earnings release issued on August 9, 2022 for its third quarter ending September 30, 2022 and its fourth quarter and fiscal yea

Reynolds Consumer Products Provides Update Ahead of Barclays Global Consumer Staples Conference

Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q2 2022 Earnings Conference Call August 9, 2022 8:00 AM ET Company Participants Mark Swartzberg - Investor Relations Lance Mitchell - President and Chief Executive Officer Michael Graham - Chief Financial Officer Conference Call Participants Theo Brito - Credit Suisse Lauren Lieberman - Barclays Robert Ottenstein - Evercore Andrea Teixeira - JPMorgan Mark Astrachan - Stifel Bill Chappell - Truist Securities Jason English - Goldman Sachs Peter Grom - UBS Operator Greetings and welcome to Reynolds Consumer Products, Inc. Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Reynolds Consumer Products Inc. (REYN) CEO Lance Mitchell on Q2 2022 Results - Earnings Call Transcript

Reynolds Consumer Products (REYN) delivered earnings and revenue surprises of 0% and 2.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Reynolds Consumer Products (REYN) Matches Q2 Earnings Estimates

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reported results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Net Revenues of $917 million, up 5% over Q2 prior year net revenues Net Income of $52 million; Adjusted Net Income of $54 million Adjusted EBITDA of $118 million Earnings Per Share of $0.25; Adjusted Earnings Per Share of $0.26 Net revenues increased 5% over second quarter 2021 ne

Reynolds Consumer Products Reports Second Quarter 2022 Financial Results

Reynolds Consumer Products (REYN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Reynolds Consumer Products (REYN) This Earnings Season?

Reynolds Consumer Products (REYN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Reynolds Consumer Products (REYN) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Reynolds Consumer Products (REYN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Reynolds Consumer Products (REYN) Keep the Earnings Surprise Streak Alive?

Reynolds Consumer Products is a manufacturer of home goods. The company manufactures and sells kitchen goods, trash and storage products, and dinnerware. The company has a very long operating history, with common items found in almost each U.S. household, and has strategic partnerships with some of the largest U.S. retailers.

News for Reynolds Consumer Products Stock (REYN)