earnings
confidence high
sentiment positive
materiality 0.75
Reynolds Q2 net income up 22% to $89M; adj EBITDA $171M; reiterates FY outlook
Reynolds Consumer Products Inc.
- Net revenues $944M vs $938M; net income $89M (+22%); EPS $0.42 (+20%).
- Adjusted EBITDA $171M vs $163M; adjusted EPS $0.42 vs $0.39.
- Reynolds Cooking rev +$19M to $314M; Hefty Home & Tableware rev -$25M but adj EBITDA +$8M.
- Retail volumes -5% overall; -2% ex-foam; Hefty Storage volumes +8% to record Q2.
- Reiterates full-year 2026 earnings outlook; net debt leverage 2.1x at low end of target.