secwatch.observer — SEC 8-K summary
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Issuer:     Reynolds Consumer Products Inc. (REYN)
CIK:        0001786431
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001564590-22-004294
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reynolds reports FY2021 revenue $3.56B (+9%), net income down 11%; guides FY2022 growth
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- FY2021 net revenues $3,556M (+9% YoY); net income $324M (-11%), adjusted EBITDA $601M (-16%).
- Q4 net revenues $1,021M (+15%); net income $105M (-6%); adjusted EPS $0.51.
- Segment: Hefty Tableware revenue up 12% but EBITDA down 34% due to cost lag; Reynolds Cooking & Baking EBITDA up 4%.
- FY2022 guidance: revenue growth 9-12%; adjusted EBITDA $615M-$655M; EPS $1.56-$1.70.
- Board declares $0.23 quarterly dividend payable Feb 28; expects profit growth to resume in Q2 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786431/000156459022004294/0001564590-22-004294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786431/000156459022004294/reyn-8k_20220209.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-004294

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