NASDAQ:REYN

Reynolds Consumer Products Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 8, 2024
Retail, Other Consumer, Consumer, Other Retail, Home Goods, Women, Men, Air fryer, Earnings per share, Reynolds Group Holdings, Cooking, Growth

Reynolds Consumer Products Inc. (“RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Reynolds Consumer Products Inc. (“RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the first quarter ended March 31, 2024.
  • The Company continued to lead its categories with several performing slightly better than expected in the quarter.
  • The Company further reduced Net Debt to Trailing Twelve Months Adjusted EBITDA from 2.7x on December 31, 2023 to 2.5x on March 31, 2024.
  • “We delivered strong first quarter results reflecting our commitment to driving our categories, expanding margins and increasing financial flexibility,” said Lance Mitchell, CEO and President of Reynolds Consumer Products.

Reynolds Consumer Products Declares Regular Quarterly Cash Dividend

Retrieved on: 
Thursday, April 25, 2024
Retail, Home Goods, Manufacturing, Supermarket, Specialty, Other Manufacturing

Reynolds Consumer Products Inc. (Nasdaq: REYN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend is payable May 31, 2024, to shareholders of record on May 17, 2024.

Key Points: 

Reynolds Consumer Products Inc. (Nasdaq: REYN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend is payable May 31, 2024, to shareholders of record on May 17, 2024.

Reynolds Consumer Products to Report First Quarter 2024 Financial Results on May 8, 2024

Retrieved on: 
Tuesday, April 23, 2024
Supermarket, Retail, Home Goods, Specialty, Webcast

Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) announced it will report first quarter 2024 financial results on Wednesday, May 8, 2024.

Key Points: 
  • Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) announced it will report first quarter 2024 financial results on Wednesday, May 8, 2024.
  • The Company’s Chief Executive Officer, Lance Mitchell, and Chief Financial Officer, Scott Huckins, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m.
  • ET) that same day.
  • A link to the webcast and all related earnings materials will be available at https://investors.reynoldsconsumerproducts.com/ .

Reynolds Consumer Products Hosts 2024 Investor Day

Retrieved on: 
Monday, March 18, 2024
Retail, Home Goods, Supermarket, TSR, Growth, CFO, Acquisition, Reynolds Group Holdings, Cryptocurrency

Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) will host its 2024 Investor Day tomorrow, March 19, 2024, in New York City at 8:30am ET.

Key Points: 
  • Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) will host its 2024 Investor Day tomorrow, March 19, 2024, in New York City at 8:30am ET.
  • The Reynolds Consumer Products 2024 Investor Day will feature presentations from key members of the leadership team, providing in-depth discussions on the Company’s strategic priorities, financial objectives and long-term goals.
  • Scott Huckins, CFO, will review the Reynolds Consumer Products financial algorithm, capital allocation framework, and total shareholder return (TSR) drivers.
  • Additionally, Reynolds Consumer Products is reaffirming guidance for the first quarter and full year 2024.

The Hefty ® Brand Highlights 'Strength That's Anything but Ordinary' in New Ad Campaign for Ultra Strong™ Trash Bags Featuring Longtime Partner, John Cena

Retrieved on: 
Wednesday, April 3, 2024
Partnership, Humour, Garbage, Face Off, Cena, Ultra, Reynolds Group Holdings, Tissue paper

LAKE FOREST, Ill., April 3, 2024 /PRNewswire/ -- In his eighth year as a brand spokesperson, professional wrestler and actor John Cena is once again teaming up with Hefty® in the brand's newest Ultra Strong™ trash bag campaign launching today. Developed by creative agency DDB Chicago, the multimedia campaign features Cena delivering light-hearted humor while showcasing the strength and durability of Hefty ® Ultra Strong™ trash bags.

Key Points: 
  • Developed by creative agency DDB Chicago, the multimedia campaign features Cena delivering light-hearted humor while showcasing the strength and durability of Hefty ® Ultra Strong™ trash bags.
  • "John has been an incredible spokesperson for the Hefty brand over the past eight years, increasing Hefty's Top-of-Mind brand awareness seven points since 2016.
  • We're thrilled to have him featured once again in our new campaign," said Brienne Neisewander, Vice President of Hefty® Marketing, Reynolds Consumer Products.
  • "I'm excited to continue my partnership with Hefty and have enjoyed collaborating with the brand on the latest campaign," said John Cena.

Reynolds Consumer Products Reports Fourth Quarter and Full Year 2023 Financial Results; Provides 2024 Outlook

Retrieved on: 
Wednesday, February 7, 2024
Food, Beverage, Home Goods, Retail, Supermarket, Convenience Store, Final good, Growth, Earnings per share, Capital expenditure, Adjustment, Investment, Advertising, Air fryer, Video game

Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Free cash flow of $540 million represented a $449 million increase compared to free cash flow in the prior year.
  • “Reynolds Consumer Products is performing very well in a challenging economic environment and I am extremely proud of all that our team accomplished in 2023,” said Lance Mitchell, President and Chief Executive Officer.
  • Capital expenditures were $104 million for the year ended December 31, 2023 compared to $128 million in the prior year.

Reynolds Consumer Products to Host Investor Day on March 19, 2024

Retrieved on: 
Thursday, February 1, 2024
Home Goods, Manufacturing, Women, Retail, Other Professional Services, Men, Family, Finance, Supply Chain Management, Consumer, Professional Services, Public Relations, Investor Relations, Other Retail, Other Manufacturing, Communications, Packaging, Specialty, Chemicals, Plastics, Q&A

Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) will host its 2024 Investor Day on Tuesday, March 19, 2024 in New York City at 8:30am (ET).

Key Points: 
  • Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) will host its 2024 Investor Day on Tuesday, March 19, 2024 in New York City at 8:30am (ET).
  • The event will feature presentations from senior members of the leadership team who will provide an in-depth overview of the Company’s strategic priorities, financial objectives, and vision for the future.
  • Following the formal presentations and Q&A sessions, a lunch reception will be hosted by the Reynolds Consumer Products management team.
  • Registration instructions for those who would like to attend the event in person or view the live webcast can be found at https://investorday.reynoldsconsumerproducts.com/ .

Reynolds Consumer Products Declares Quarterly Cash Dividend

Retrieved on: 
Friday, January 26, 2024
Manufacturing, Home Goods, Retail, Supermarket, Packaging

Reynolds Consumer Products Inc. (Nasdaq: REYN) announced that on January 25, 2024, its Board of Directors approved a quarterly cash dividend of $0.23 per common share. Shareholders of record on February 15, 2024, will receive the cash dividend on February 29, 2024.

Key Points: 

Reynolds Consumer Products Inc. (Nasdaq: REYN) announced that on January 25, 2024, its Board of Directors approved a quarterly cash dividend of $0.23 per common share. Shareholders of record on February 15, 2024, will receive the cash dividend on February 29, 2024.

Reynolds Consumer Products to Report Fourth Quarter and Full Year 2023 Financial Results on February 7, 2024

Retrieved on: 
Friday, January 19, 2024
Retail, Home Goods, Webcast

Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) announced it will report fourth quarter and full-year 2023 financial results on Wednesday, February 7, 2024.

Key Points: 
  • Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) announced it will report fourth quarter and full-year 2023 financial results on Wednesday, February 7, 2024.
  • The Company’s Chief Executive Officer, Lance Mitchell, and Chief Financial Officer, Scott Huckins, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m.
  • ET) that same day.
  • A link to the webcast and all related earnings materials will be available at https://investors.reynoldsconsumerproducts.com/ .

Hefty® Ultra Strong™ Trash Bags Recognized By Circana's 2022 List of New Product Pacesetters™

Retrieved on: 
Tuesday, November 28, 2023
Pacesetters, Character, Food, Arm & Hammer, Reynolds Group Holdings, Tears, Annual report, Hammer, Colgate-Palmolive, Ultra, Hefty, Arm, Tea

LAKE FOREST, Ill., Nov. 28, 2023 /PRNewswire/ -- Reynolds Consumer Products, the creator of Hefty® Ultra Strong™ trash bags, today announced that Hefty® Ultra Strong™ Fabuloso®* Scented tall kitchen trash bags have been recognized as one of the 2022 New Product Pacesetters™ of 2022. The 28th annual report, published by Circana, reveals the top new product launches across the food, beverage and non-food industries.

Key Points: 
  • LAKE FOREST, Ill., Nov. 28, 2023 /PRNewswire/ -- Reynolds Consumer Products, the creator of Hefty® Ultra Strong™ trash bags, today announced that Hefty® Ultra Strong™ Fabuloso®* Scented tall kitchen trash bags have been recognized as one of the 2022 New Product Pacesetters™ of 2022.
  • After surveying the top 100 brand launches across a variety of sectors, Circana awarded Hefty® Ultra Strong™ Fabuloso® Scented tall kitchen trash bags a #3 ranking in the category of non-food New Product Pacesetters.
  • The bags, which come in 13 gallon tall kitchen bags and 30 gallon large capacity bags, feature secure-fit closure and Arm & Hammer™** continuous odor control.
  • With tall kitchen trash bags, large black bags, contractor bags, and more in various sizes and scents—including Fabuloso®—Hefty® has a trash bag to suit every need and keep homes everywhere clean.