secwatch.observer — SEC 8-K summary
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Issuer:     Reynolds Consumer Products Inc. (REYN)
CIK:        0001786431
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001628280-24-035366
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reynolds Q2 net income rises 47% to $97M; raises full-year guidance
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- Net revenues $930M vs $940M Q2 2023; retail revenues up 1% to $892M.
- Net income $97M (+47%); Adjusted EPS $0.46 vs $0.32.
- Adjusted EBITDA $172M (+15%) on manufacturing output and lower costs.
- Full-year net revenue, adjusted EBITDA and net income guidance raised.
- Net debt leverage reduced to 2.4x; $50M debt prepaid after quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786431/000162828024035366/0001628280-24-035366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786431/000162828024035366/reyn-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035366

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer