Welcome to our dedicated page for Reynolds Consumer Products news (Ticker: REYN), a resource for investors and traders seeking the latest updates and insights on Reynolds Consumer Products stock.
Reynolds Consumer Products Inc. (REYN) delivers essential household solutions through trusted brands like Reynolds Wrap and Hefty. This news hub provides investors and industry professionals with timely updates on corporate developments shaping the consumer goods sector.
Access official press releases and curated analysis covering financial results, product innovations, sustainability initiatives, and leadership updates. Our repository ensures transparent tracking of REYN's market position in cooking essentials, waste management solutions, and disposable tableware.
Discover updates across key operational areas including manufacturing advancements, retail partnerships, and brand expansions. Bookmark this page for streamlined monitoring of REYN's performance in competitive markets across 100+ countries.
Reynolds Consumer Products Inc. (Nasdaq: REYN) has announced a quarterly cash dividend of $0.23 per common share. The dividend will be payable on August 30, 2024, to shareholders of record as of August 16, 2024. This declaration by the Board of Directors demonstrates the company's commitment to returning value to its shareholders through regular dividend payments.
Reynolds Consumer Products Inc. (Nasdaq: REYN) has announced that it will release its second quarter 2024 financial results on Wednesday, August 7, 2024. The company's President and CEO, Lance Mitchell, along with CFO Scott Huckins, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) on the same day. Investors and interested parties can access the webcast and related earnings materials through the company's investor relations website at https://investors.reynoldsconsumerproducts.com/.
Reynolds Wrap and ButcherBox have teamed up to launch the first-ever BBQterie Kits just in time for summer. These kits, available for $119 from June 13, 2024, include grilling essentials like Reynolds Wrap Heavy Duty Foil and high-quality meats from ButcherBox. The kit also features recipes and a BBQterie guide by experts Emmy Rener and Ben McGraw. The collaboration aims to simplify summer grilling and elevate gatherings. The kits are exclusively available online at ButcherBox.com while supplies last.
Reynolds Consumer Products Inc. reported strong first-quarter financial results with net income and adjusted EBITDA increasing by 188% and 49% respectively. The company saw a decrease in net revenues but delivered record Q1 cash flow and made a $50 million voluntary principal payment after the quarter end. Net debt leverage reduced to 2.5x at the end of the quarter. The CEO highlighted the commitment to driving categories, expanding margins, and increasing financial flexibility
Alterra collaborates with Firstar Fiber and Hefty® Brand to successfully convert hard-to-recycle plastics into new products, reducing landfill waste, dependency on new materials, and greenhouse gas emissions. The Hefty ReNew™ program offers an easy way to recycle, with specific orange bags for collection. Firstar Fiber processes these plastics into feedstock cubes. Alterra's recycling facility in Akron converts these plastics into new products globally. The collaboration aims to divert 5 million tons from landfills and reduce GHG emissions.
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