Reynolds Consumer Products Inc. Stock Price, News & Analysis

Reynolds Consumer Products (NASDAQ: REYN) has launched a limited-edition Reynolds Wrap® Fun Foil with Festive Fireworks Pattern, exclusively available on Amazon.com and Walmart.com. This special release features an embossed fireworks design, building on the success of their first embossed foil from late last year. The product aims to enhance summer gatherings and Fourth of July celebrations while maintaining the brand's signature durability. Marketing Director Sumita Ghosh emphasized the product's role in making gatherings special by adding a decorative touch to food presentation. This launch represents Reynolds' continued effort to innovate within their household products portfolio, focusing on combining functionality with aesthetic appeal for special occasions.

Reynolds Consumer Products (REYN) announced key executive leadership changes to accelerate growth strategy. Carlen Hooker has been appointed as Chief Commercial Officer effective June 16, 2025, bringing extensive experience from Church & Dwight, Ferrero USA, and other major brands. Ryan Clark will become President of Hefty Tableware effective May 20, 2025, with over 25 years of CPG experience from Post Holdings and Conagra Brands. Both executives will report to CEO Scott Huckins. Hooker succeeds Steve Pace, who is retiring, while Clark replaces Rachel Bishop, who is pursuing other opportunities. The appointments aim to drive revenue growth, market share gains, and margin expansion across Reynolds' portfolio of household products.

Reynolds Consumer Products reported Q1 2025 financial results with net revenues of $818 million, down from $833 million in Q1 2024. Net income decreased to $31 million from $49 million, while Adjusted EBITDA reached $117 million compared to $122 million last year.

Key performance highlights include:

• Retail revenues decreased 3% to $767 million
• Non-retail revenues increased by $12 million to $51 million
• Earnings per share of $0.15 vs. $0.23 in Q1 2024
• Net debt leverage ratio at 2.3x

The company successfully refinanced $1.645 billion of its term loan facility, extending maturity to 2032. Despite retailer destocking and a later Easter timing impact, Reynolds outperformed its categories by two points. The company updated its 2025 outlook, expecting net revenues to be down low single digits and Adjusted EBITDA between $650-670 million. A quarterly dividend of $0.23 per share was approved.

Reynolds Consumer Products (Nasdaq: REYN) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a dividend of $0.23 per common share. The dividend will be paid on May 30, 2025, to shareholders who are on record as of May 16, 2025.

Reynolds Consumer Products (Nasdaq: REYN) has scheduled its first quarter 2025 financial results announcement for Wednesday, April 30, 2025. The company will host a live webcast at 7:00 a.m. CT (8:00 a.m. ET) featuring President and CEO Scott Huckins and CFO Nathan Lowe to discuss the quarterly performance. Investors can access the webcast and related materials through the company's investor relations website.

Reynolds Consumer Products (REYN) has successfully refinanced $1.645 billion of its original $2.475 billion term loan facility. The new term loan, maturing in 2032, extends the previous maturity by approximately 5 years. The refinancing includes improved terms with no original issue discount and bears interest at SOFR plus 175 basis points per annum, representing a 10 basis point reduction in credit spread compared to the existing loan.

The refinancing, led by JP Morgan, follows the company's previously announced upsized revolving credit facility in October. CFO Nathan Lowe highlighted that this refinancing demonstrates the company's strong credit profile, robust free cash flow, and disciplined capital management approach.

Reynolds Consumer Products (REYN) reported its Q4 and full-year 2024 results, showing mixed performance. Full-year net revenues decreased to $3,695 million from $3,756 million in 2023, while net income grew 18% to $352 million. Adjusted EBITDA increased 7% to $678 million.

Q4 2024 showed retail volume growth of 1%, with net revenues of $1,021 million, up from $1,007 million in Q4 2023. However, Q4 net income decreased 12% to $121 million, and Adjusted EBITDA fell 11% to $213 million.

The company reduced its Net Debt Leverage from 2.7x to 2.3x. For 2025, Reynolds expects net revenues to decrease in low single digits, with Adjusted EBITDA projected between $670-690 million. The company declared a quarterly dividend of $0.23 per share.

Reynolds Consumer Products (Nasdaq: REYN) has announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend will be paid on February 28, 2025, to shareholders who are on record as of February 14, 2025.

Reynolds Consumer Products (Nasdaq: REYN) has scheduled its fourth quarter and full year 2024 financial results announcement for February 5, 2025. The company will host a live webcast at 7:00 a.m. CT (8:00 a.m. ET) on the same day, featuring President and CEO Scott Huckins and CFO Nathan Lowe. Investors can access the webcast and related earnings materials through the company's investor relations website.