---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-028582"
form_type: "8-K"
ticker: "REYN"
cik: "0001786431"
company_name: "Reynolds Consumer Products Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:14:20.952595+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Reynolds Q2 net income falls 35% to $52M, adj EBITDA down 20%; FY cost headwinds raised to $525M

## Summary
- Net revenues $917M (+5% YoY) on price hikes; net income $52M (-35%) due to lower foil volume and cost inflation.
- Adjusted EPS $0.26; Reynolds Cooking & Baking EBITDA -39% on foil consumption drop; Hefty Waste & Storage EBITDA +2%.
- FY 2022 outlook: net revenue growth 8-11%, adjusted EBITDA $560-590M, cost pressures now ~$525M (was ~$450M).
- Q4 expected margin improvement; management sees full recovery of pre-pandemic profitability in 2023.
- Quarterly dividend of $0.23/share payable Aug 31 to holders of record Aug 17.

## SEC filing metadata
- accession: 0001564590-22-028582
- form_type: 8-K
- ticker: REYN
- cik: 0001786431
- company_name: Reynolds Consumer Products Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786431/000156459022028582/0001564590-22-028582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786431/000156459022028582/reyn-8k_20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-028582
- JSON: https://secwatch.observer/filing/0001564590-22-028582.json
- Plain text: https://secwatch.observer/filing/0001564590-22-028582.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.