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. reports recurring developments tied to its Nasdaq-listed household products business, including earnings releases, retail volume trends, operational efficiency programs, commodity and macroeconomic conditions, and quarterly cash dividend declarations. The company sells cooking, serving, clean-up, and storage products under brands such as Reynolds, Reynolds Wrap, Reynolds Kitchens, and Hefty, along with store brand products for retail partners.
Company news also covers product innovation across aluminum foil, parchment, prep paper, cooking bags, tableware, waste, and storage categories. Updates frequently include new branded product introductions, consumer product recognition, segment reporting changes, and management commentary on cost reduction, pricing, productivity, and investments in the business.
Reynolds Consumer Products (NASDAQ:REYN) has announced a quarterly cash dividend of $0.23 per common share. The dividend will be paid on August 29, 2025, to shareholders who are on record as of August 15, 2025.
Reynolds Consumer Products (NASDAQ:REYN) has scheduled its second quarter 2025 financial results announcement for July 30, 2025. The company's leadership team, including President and CEO Scott Huckins and CFO Nathan Lowe, will host a live webcast at 7:00 a.m. CT (8:00 a.m. ET) to discuss the results. Investors can access the webcast and related materials through the company's investor relations website.
Reynolds Consumer Products (NASDAQ:REYN) has introduced two innovative kitchen products: Air Fryer Cups and Parchment Cooking Bags. The Air Fryer Cups are 8-fluid-ounce aluminum foil containers designed for customizable portions, allowing users to prepare up to four different dishes simultaneously in their air fryers. The Parchment Cooking Bags feature non-stick unbleached parchment paper for family-sized meals, requiring no additional oils or sprays.
Both products aim to simplify meal preparation and cleanup while expanding cooking possibilities. The products are currently available at select Walmart locations and through Walmart.com and Amazon.com. Each product includes a QR code for accessing recipes, tips, and expert techniques.
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.