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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) announced it will release its first quarter 2023 financial results on May 10, 2023, before the market opens.
The earnings call is scheduled for 7:00 a.m. CT (8:00 a.m. ET) the same day. To participate, U.S. callers can dial (877) 423-9813, while international participants should use +1 (201) 689-8573. A live webcast and related material will be available on the company’s investor website.
Reynolds delivers household products across cooking, waste and storage, and disposable tableware categories, with a significant presence in American households, manufacturing renowned brands such as Reynolds Wrap® and Hefty®.
Reynolds Consumer Products is spicing up Easter with its new Hot Hams recipes, following insights from a recent Instacart survey that found 74% of Americans enjoy hot sauce. This year, they introduce three spicy ham recipes: Hot Honey Ham, Buffalo Ham, and Habanero Chipotle Ham, each featuring unique flavors and preparation tips utilizing Reynolds Wrap® Heavy Duty Foil. For details, visit Reynoldsbrands.com.
Reynolds Consumer Products reported record net revenues of $3,817 million for FY 2022, a 7% increase year-over-year, despite a 20% drop in net income to $258 million. The fourth-quarter earnings showed net revenues of $1,089 million, up 7% year-over-year, with Earnings Per Share at $0.51. However, the Reynolds Cooking & Baking segment faced operational challenges, reporting a 49% decrease in Adjusted EBITDA. The company has launched a comprehensive recovery plan for this segment and anticipates a return to pre-pandemic profitability by the end of 2023. A quarterly dividend of $0.23 is set for payment on February 28, 2023.
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