Reynolds Consumer Products Inc. Stock Price, News & Analysis

Reynolds Consumer Products Inc. announced a quarterly cash dividend of $0.23 per common share, approved by the Board of Directors on January 27, 2022. This dividend will be paid on February 28, 2022, to shareholders of record as of February 14, 2022. Reynolds operates in three categories: cooking products, waste & storage, and disposable tableware, holding a leading market position in 96% of U.S. households. Their products are predominantly sold under the Reynolds and Hefty brands, emphasizing their significant market share.

Reynolds Consumer Products Inc. (REYN) announced it will report its fourth quarter and full year results for the period ending December 31, 2021, on February 9, 2022, prior to market opening. A conference call will be held at 7:00 a.m. CT to discuss the results, with dial-in options available for U.S. and international investors. The call will also be accessible via a live webcast on the company's website, which will be archived for 30 days. Reynolds is a market leader in consumer products, holding a top market share position in most categories it operates within.

Reynolds Consumer Products reported a 10% increase in net revenues to $905 million for Q3 2021, driven by strong demand and pricing adjustments. However, net income fell by 42% to $66 million, reflecting rising material and labor costs. Adjusted EBITDA decreased 31% to $132 million. The company anticipates high single-digit revenue growth for the fiscal year, amid increasing cost pressures estimated at over $450 million. A quarterly dividend of $0.23 per share has been approved, with payment scheduled for November 30, 2021.

Reynolds Consumer Products Inc. has declared a quarterly cash dividend of $0.23 per common share. This dividend will be paid on November 30, 2021, to shareholders of record as of November 16, 2021. With a presence in 95% of U.S. households, Reynolds is a leader in consumer products, including cooking, waste, and disposable tableware, holding a top market share in most categories. The dividend reflects the company's commitment to shareholder value and financial health.

Thomas Degnan, a board member of Reynolds Consumer Products, announced his retirement effective October 31. Serving since 2019, he chaired the Compensation, Nominating and Governance Committee. His leadership was vital during the transition to a publicly traded company and he provided invaluable insights during his tenure. CEO Lance Mitchell credited Degnan for his guidance over nearly 14 years, influencing operational strategies. Degnan also retired from Pactiv Evergreen in 2021 after serving as CEO since 2007.

Reynolds Consumer Products Inc. (NASDAQ: REYN) will release its third-quarter results for the period ending September 30, 2021, on November 4, 2021, before the market opens. A conference call to discuss the results is scheduled for 7:00 a.m. Central Time. Interested investors can participate via phone or a live webcast on the company's website. Reynolds is a leading consumer products company, holding significant market shares across cooking products, waste & storage products, and disposable tableware, reaching 95% of U.S. households.

Reynolds Consumer Products reported second quarter 2021 results with net revenues of $873 million, a 6% increase from last year. Net income was $80 million, reflecting a 29% decline year-over-year, largely due to rising material costs. Adjusted EBITDA decreased 23% to $148 million. Pricing strategies have been implemented to counter inflationary pressures, with expectations for improved profitability in Q4. The company anticipates high single-digit revenue growth for the fiscal year, with net income guidance between $311 million to $332 million.

Reynolds Consumer Products Inc. announced a quarterly cash dividend of $0.23 per common share on July 29, 2021. This dividend will be paid on August 31, 2021 to shareholders on record as of August 17, 2021. Reynolds, a leading consumer products company, aims to simplify daily life and operates in 95% of U.S. households. The company maintains strong market presence with leading brand positions in categories including cooking products, waste & storage products, and disposable tableware.

Reynolds Consumer Products Inc. (Nasdaq: REYN) will announce its second-quarter results for the period ending June 30, 2021, on August 2, 2021, after market close. A conference call is scheduled for 4:00 p.m. CT (5:00 p.m. ET) to discuss the results. Investors can join by calling 877-423-9813 (U.S.) or 201-689-8573 (internationally). A replay will be available until August 16, 2021. Reynolds Consumer Products is a leading company in the household consumer products sector, holding significant market share across various product categories, including cooking and disposable tableware.