{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-036929","form_type":"8-K","ticker":"REYN","cik":"0001786431","company_name":"Reynolds Consumer Products Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.115576+00:00","generated_at":"2026-06-22T04:16:48.245759+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Reynolds Consumer Products Q3 net income down 27% to $48M; appoints new presidents for two segments","bullets":["Net revenues $967M (+7% YoY); net income $48M (-27%); adjusted EBITDA $116M (-12%); EPS $0.23, adj EPS $0.24.","FY 2022 guidance: adjusted EBITDA $560-575M; EPS $1.25-1.31; Q4 adj EBITDA $215-230M. Declared $0.23 dividend.","Judith Buckner named President Reynolds Cooking & Baking; Chris Corey named President Presto Products. Craig Cappel terminated.","Volume declined across segments; pricing actions offset costs; Reyvolution cost savings accelerating; pre-pandemic profitability expected in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-036929","json":"https://secwatch.observer/filing/0001564590-22-036929.json","markdown":"https://secwatch.observer/filing/0001564590-22-036929.md","text":"https://secwatch.observer/filing/0001564590-22-036929.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786431/000156459022036929/0001564590-22-036929-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786431/000156459022036929/reyn-8k_20221102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:16:48.245759+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f689066d5669dbc1c04a6c6302942e06e4b99bcb","claim":"Reynolds Consumer Products Inc. reported third quarter ended September 30, 2022 results: revenue $967 million, net income $48 million, EPS $0.23.","evidence_excerpt":"Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reported results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights • Net Revenues of $967 million, up 7% over Q3 prior year net revenues • Net Income of $48 million, down 27% compared to Q3 prior year net income; Adjusted Net Income of $50 million • Adjusted EBITDA of $116 million, down 12% compared to Q3 prior year Adjusted EBITDA • Earnings Per Share of $0.23; Adjusted Earnings Per Share of $0.24","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786431/000156459022036929/0001564590-22-036929-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$967 million"},{"label":"Net income","value":"$48 million"},{"label":"EPS","value":"$0.23"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"317a7d1d6b","claim":"Chris Corey was appointed as President, Presto Products at Reynolds Consumer Products Inc..","evidence_excerpt":"Chris Corey as President, Presto Products","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786431/000156459022036929/0001564590-22-036929-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President, Presto Products"}],"fact_type":"executive_change"},{"claim_id":"66e40d8d78","claim":"Judith Buckner was appointed as President, Reynolds Cooking & Baking at Reynolds Consumer Products Inc..","evidence_excerpt":"the Company appointed Judith Buckner as President, Reynolds Cooking & Baking","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786431/000156459022036929/0001564590-22-036929-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President, Reynolds Cooking & Baking"}],"fact_type":"executive_change"},{"claim_id":"6c74deee34","claim":"Craig Cappel was terminated as President, Reynolds Cooking & Baking at Reynolds Consumer Products Inc..","evidence_excerpt":"the Company terminated the employment of Craig Cappel, the Company’s former President, Reynolds Cooking & Baking","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786431/000156459022036929/0001564590-22-036929-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"President, Reynolds Cooking & Baking"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}