{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-017019","form_type":"8-K","ticker":"REYN","cik":"0001786431","company_name":"Reynolds Consumer Products Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.575459+00:00","generated_at":"2026-06-15T06:50:25.794360+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Reynolds Q1 net income falls to $17M from $52M; revenue up 3% to $874M; FY guide reaffirmed","bullets":["Net revenues $874M (+3% YoY); Net income $17M ($0.08 EPS) vs $52M ($0.25 EPS) in Q1 2022.","Adjusted EBITDA $82M vs $112M; adjusted EPS $0.08 vs $0.26; operating cash flow $88M vs $19M.","Reynolds Cooking & Baking segment Adjusted EBITDA fell 86% to $4M on higher material/manufacturing costs.","Hefty Waste & Storage Adjusted EBITDA up 22%, Hefty Tableware up 30% due to price actions.","Company reaffirms FY2023 guidance: Net income $274-296M, Adjusted EBITDA $605-635M, EPS $1.30-1.41."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-017019","json":"https://secwatch.observer/filing/0001628280-23-017019.json","markdown":"https://secwatch.observer/filing/0001628280-23-017019.md","text":"https://secwatch.observer/filing/0001628280-23-017019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786431/000162828023017019/0001628280-23-017019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786431/000162828023017019/reyn-20230510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:50:25.794360+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":"955f86f69c3304ef7a46f950cd224abab2070c85","claim":"Reynolds Consumer Products Inc. reported Fiscal Year 2023 results: revenue Net revenues Flat +/- 1% growth, net income Net income(1) $274 to $296 million, EPS Earnings per share(1) $1.30 to $1.41. Guidance reaffirmed.","evidence_excerpt":"Fiscal Year 2023 Outlook Net revenues Flat +/- 1% growth Net income(1) $274 to $296 million Adjusted EBITDA $605 to $635 million Earnings per share(1) $1.30 to $1.41","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786431/000162828023017019/0001628280-23-017019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal Year 2023"},{"label":"Revenue","value":"Net revenues Flat +/- 1% growth"},{"label":"Net income","value":"Net income(1) $274 to $296 million"},{"label":"EPS","value":"Earnings per share(1) $1.30 to $1.41"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"b269459e80bd38e7d52230b3710669218f2b46e2","claim":"Reynolds Consumer Products Inc. reported Q2 2023 results: revenue Net revenues Flat to 2% growth, net income Net income(1) $57 to $64 million, EPS Earnings per share(1) $0.27 to $0.30. Guidance initiated.","evidence_excerpt":"Q2 2023 Outlook Net revenues Flat to 2% growth Net income(1) $57 to $64 million Adjusted EBITDA $135 to $145 million Earnings per share(1) $0.27 to $0.30","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786431/000162828023017019/0001628280-23-017019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q2 2023"},{"label":"Revenue","value":"Net revenues Flat to 2% growth"},{"label":"Net income","value":"Net income(1) $57 to $64 million"},{"label":"EPS","value":"Earnings per share(1) $0.27 to $0.30"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"d18da003a61ea41fc58d0d4c87019c1dd9a8c919","claim":"Reynolds Consumer Products Inc. reported the first quarter ended March 31, 2023 results: revenue $874 million, net income $17 million, EPS $0.08. Guidance reaffirmed.","evidence_excerpt":"First Quarter 2023 Highlights • Net Revenues of $874 million, up 3% over Q1 prior year net revenues • Net Income of $17 million vs. $52 million in Q1 2022 • Adjusted EBITDA of $82 million vs. $112 million in Q1 2022 • Earnings Per Share of $0.08 vs. $0.25 in Q1 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786431/000162828023017019/0001628280-23-017019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$874 million"},{"label":"Net income","value":"$17 million"},{"label":"EPS","value":"$0.08"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}