Highest-materiality recent filing
Reynolds Q2 net income up 22% to $89M; adj EBITDA $171M; reiterates FY outlook
Net revenues $944M vs $938M; net income $89M (+22%); EPS $0.42 (+20%).
Reynolds beats Q1: net rev $877M (+7%), adj EPS $0.28 (+22%), reiterates FY outlook
Net income $59M vs $31M YoY; GAAP EPS $0.28 (+87%), adj EPS $0.28 (+22%).
Marla Gottschalk reelected as Class II director with 195.9M votes for, 8.4M withheld; Scott Huckins with 181.8M for, 22.5M withheld; Rolf Stangl with 170.8M for, 33.5M withheld.
Reynolds Consumer Products Reports Q4 and Full Year 2025 Results; Provides 2026 Outlook
Q4 net revenues increased to $1,034M from $1,021M; retail volumes down 2% but exceeded category by 2 points.
Reynolds Q3 revenue up 2% to $931M; adjusted EPS $0.42; full-year guide raised
Net income $79M vs $86M YoY; adjusted net income $88M vs $86M.
Reynolds Q2 net income down 25% to $73M; adj. EBITDA $163M; reaffirms FY guide
Net revenues $938M (+1% YoY); retail revenues flat at $887M with 1% volume decline.
Reynolds Consumer Products elects Duncan Hawkesby to Board, effective July 23, 2025
Board elected Duncan Hawkesby as Class II director, effective July 23, 2025.
Rachel Bishop resigns as President of Hefty Tableware, effective June 30, 2025; receives $577K severance plus prorated RSUs (2,876) and PSUs (22,737).
Reynolds Q1 adj EPS $0.23 flat; revenue down 2%; lowers FY25 EBITDA guidance to $650-670M
Net revenues $818M vs $833M Q1 2024; net income $31M vs $49M; adjusted EBITDA $117M vs $122M.
Reynolds shareholders elect directors Cole and Ziegler, ratify PwC, approve say-on-pay
Gregory Cole elected with 167.8M votes for, 37.5M withheld; Ann Ziegler with 199.7M for, 5.5M withheld.
Refinanced remaining $1.645B of original $2.475B term loan; new facility matures in March 2032, extending maturity by ~5 years.
Reynolds Q4/FY 2024 Net Income up 18% to $352M; Adj EBITDA $678M; Leverage 2.3x
Net revenues $3,695M vs $3,756M in 2023; retail net revenues $3,518M vs $3,559M.
Reynolds Consumer Q3 net income up 10% to $86M; CEO Lance Mitchell to step down Jan 1, 2025
Q3 net revenues $910M (down 3% YoY); net income $86M (+10%); adj. EBITDA $171M (+4%); EPS $0.41 vs $0.37.
Reynolds Consumer upsizes revolver to $700M, extends maturity to Oct 2029
Replaced undrawn $250M revolving facility maturing Feb 2026 with $700M facility maturing Oct 2029.
Reynolds Consumer Products elects Rolf Stangl as Chairman and director, Richard Noll resigns
Richard Noll resigned as director and non-executive Chairman effective Sept 18, 2024.
Reynolds Q2 net income rises 47% to $97M; raises full-year guidance
Net revenues $930M vs $940M Q2 2023; retail revenues up 1% to $892M.
Reynolds Q1 net income up 188% to $49M, adjusted EBITDA +49% to $122M
Net revenues $833M vs. $874M in Q1 2023; retail net revenues down 3% to $794M.
Reynolds shareholders approve officer exculpation amendment at annual meeting
Elected Helen Golding, Allen P. Hugli, Christine Montenegro McGrath as Class I directors.
Reynolds Consumer Products FY 2023 net income up 16% to $298M; guides double-digit growth in 2024
FY 2023 net income $298M (+16% YoY); adjusted EBITDA $636M (+16%); EPS $1.42 vs $1.23.
Maturity of $250M senior secured revolver extended from Feb 2025 to Feb 2026.
Reynolds Q3 adj EPS $0.37 up 54%; net income up 63%; raises FY guidance
Net revenues $935M, down 3% vs Q3 2022; net income $78M, up 63%; adj EBITDA $165M, up 42%.
Reynolds Consumer Products appoints Scott Huckins as CFO; Michael Graham to retire in Feb 2024
Scott Huckins joins Oct 23 in advisory role, becomes CFO on Nov 13, 2023.
Reynolds Consumer Products appoints Christine Montenegro McGrath to Board effective Sept 25, 2023
Board expanded from 7 to 8 directors; McGrath will serve as Class I director until 2024 annual meeting.
Reynolds Consumer Products Q2 net income up 27%; raises full-year EPS guidance to $1.34-$1.41
Q2 net revenues $940M (+3% YoY), net income $66M (+27%), adjusted EBITDA $150M (+27%), EPS $0.32 (+28%).
Reynolds Q1 net income falls to $17M from $52M; revenue up 3% to $874M; FY guide reaffirmed
Net revenues $874M (+3% YoY); Net income $17M ($0.08 EPS) vs $52M ($0.25 EPS) in Q1 2022.
Reynolds Consumer Products reports 2023 annual meeting voting results; all proposals approved
Class I directors Marla Gottschalk, Lance Mitchell, Richard Noll elected with 200.9M, 190.6M, and 173.7M votes for respectively.
Reynolds Consumer Products amends credit agreement to replace LIBOR with SOFR
Entered into Amendment No. 1 to Credit Agreement on February 28, 2023.
CFO Michael Graham to retire after FY 2023 results release
Michael Graham notified Reynolds Consumer Products of retirement intention on Feb 16, 2023.
Reynolds Q4 adj EBITDA +10% to $200M; FY rev +7% but net income -20%; 2023 outlook implies recovery
FY 2022 net revenues $3,817M (+7%), net income $258M (-20%), adj EBITDA $546M (-9%), EPS $1.23.
Reynolds Consumer Products Q3 net income down 27% to $48M; appoints new presidents for two segments
Net revenues $967M (+7% YoY); net income $48M (-27%); adjusted EBITDA $116M (-12%); EPS $0.23, adj EPS $0.24.
Reynolds Q2 net income falls 35% to $52M, adj EBITDA down 20%; FY cost headwinds raised to $525M
Net revenues $917M (+5% YoY) on price hikes; net income $52M (-35%) due to lower foil volume and cost inflation.
Reynolds Q1 revenue up 12% but net income down 30%; FY adj EBITDA guidance to low end
Net revenues $845M (+12% YoY), net income $52M (-30%), adj EBITDA $112M (-20%).
Reynolds Consumer Products annual meeting votes pass all proposals
Elected Gregory Cole and Ann Ziegler as Class I directors; Cole 166.6M for, 39.4M withheld; Ziegler 184.3M for, 21.7M withheld.
Reynolds reports FY2021 revenue $3.56B (+9%), net income down 11%; guides FY2022 growth
FY2021 net revenues $3,556M (+9% YoY); net income $324M (-11%), adjusted EBITDA $601M (-16%).
Reynolds Q3 revenue up 10% to $905M, but net income plunges 42%; cost pressures exceed $450M
Q3 net income $66M (-42% YoY); adjusted EPS $0.33, GAAP EPS $0.31.
Thomas Degnan to retire from Reynolds board effective Oct. 31, 2021
Director Thomas Degnan announced retirement effective Oct. 31, 2021; no disagreements with Reynolds.
Reynolds Q2 revenue up 6% to $873M; EPS $0.38, down 29%; cuts FY outlook amid cost pressures
Net income $80M (-29% YoY); Adjusted EBITDA $148M (-23% YoY); Adjusted EPS $0.39.
Reynolds board adopts annual advisory vote on executive compensation until 2027
Stockholders voted for one-year frequency on say-on-pay at May 2021 annual meeting.
the Company accepted the resignation of Rachel Bishop, the Company’s President of Hefty Tableware, effective June 30, 2025
the Board appointed Scott E. Huckins as the Company's President and Chief Executive Officer, and elected Mr. Huckins a member of the Board of Directors to fill the vacancy resulting from Mr. Mitchell's departure from the Board, all effective as of January 1, 2025.
the Board appointed Scott E. Huckins as the Company's President and Chief Executive Officer, and elected Mr. Huckins a member of the Board of Directors to fill the vacancy resulting from Mr. Mitchell's departure from the Board, all effective as of January 1, 2025.
the Board appointed Nathan D. Lowe as Vice President, Chief Financial Officer and Treasurer, to fill the vacancy resulting from the appointment of Mr. Huckins as President and Chief Executive Officer, effective as of January 1, 2025.
On October 24, 2024, Lance Mitchell notified the Company that he plans to step down as President and Chief Executive Officer of the Company and as a member of the Company's Board, all effective as of January 1, 2025.
On October 24, 2024, Lance Mitchell notified the Company that he plans to step down as President and Chief Executive Officer of the Company and as a member of the Company's Board, all effective as of January 1, 2025.
On September 23, 2024, the Board of Directors (the “Board”) of Reynolds Consumer Products Inc. (the “Company”), acting upon the recommendation of the Compensation, Nominating and Corporate Governance Committee (the “CNG Committee”) of the Board, elected Rolf Stangl to the Board, effective on that date.
On September 18, 2024, Richard Noll, a director of the Company, notified the Company of his decision to resign as a director of the Company, effective immediately.
Michael Graham, who previously announced his planned retirement from the Company.
On October 12, 2023, Reynolds Consumer Products Inc. (the “Company”) announced that its Board of Directors has appointed Scott E. Huckins as the Company’s Chief Financial Officer, effective November 13, 2023
elected Christine Montenegro McGrath to the Board, effective on that date.
On February 16, 2023, Michael Graham notified Reynolds Consumer Products Inc. (the “Company”) of his intention to retire from his position as Chief Financial Officer following the release of the Company’s financial results for the fourth quarter and fiscal year ending December 31, 2023.
Max materiality 0.85 · Median 0.68 · Most common event earnings