For the quarter ended March 2025, Reynolds Consumer Products (REYN) reported revenue of $818 million, down 1.8% over the same period last year. EPS came in at $0.23, compared to $0.23 in the year-ago quarter.The reported revenue represents a surprise of -0.48% over the Zacks Consensus Estimate of $821.94 million. With the consensus EPS estimate being $0.23, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

Reynolds Consumer Products (REYN) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.58 per share when it actually produced earnings of $0.58, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Reynolds Consumer Products, w ...

WASHINGTON, DC 20549 _______________________________________________________________________________________ _______________________________________________________________________________________ FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSI ...

Financial Data and Key Metrics Changes - The company reported net revenues of $818 million for Q1 2025, with retail revenues of $767 million, reflecting a decrease of $28 million compared to Q1 2024 due to retailer destocking and declines in the foam category [13][14] - Adjusted EBITDA was $117 million, down from $122 million in the prior year, primarily driven by lower retail sales [14] - Adjusted earnings per share (EPS) remained unchanged at $0.23 compared to Q1 2024 [14] - The company expects 2025 net revenues to decline low single digits compared to 2024 and adjusted EBITDA in the range of $650 million to $670 million [14][15] Business Line Data and Key Metrics Changes - The company outperformed its categories by two points at retail, capturing share in household foil, waste bags, food bags, and non-foam disposable tableware [7] - Non-retail revenues increased by $12 million [14] - The company introduced new products, including hefty compostable cutlery and Reynolds Kitchen air fryer cups, to drive innovation and connect with younger consumers [7][12] Market Data and Key Metrics Changes - Retail volumes are expected to be down 2% to 5% in Q2 2025 compared to Q2 2024, driven by lower volumes and partially offset by pricing [17] - The company anticipates more pressure on its categories, with lower consumer confidence and retailers managing inventory levels contributing to the challenges [15][31] Company Strategy and Development Direction - The company is focused on driving growth at or above its categories, expanding margins, and investing in a more stable earnings growth model [6][7] - Strategic initiatives include targeted distribution gains, prioritizing larger scale innovation, and reallocating promotional spend to higher return opportunities [11][12] - The company is adapting to a dynamic macro environment by investing in high return programs and leveraging competitive advantages [19][20] Management's Comments on Operating Environment and Future Outlook - Management noted that retailer destocking is expected to be a permanent change rather than a temporary adjustment [23][24] - The company is not altering its strategic direction despite recent tariff announcements and a challenging retail environment, emphasizing the need to control its own destiny through innovation and distribution gains [12] - Management expressed confidence in the innovation pipeline, highlighting new product launches and the potential for growth [62] Other Important Information - The company successfully refinanced its term loan facility, enhancing financial flexibility [19] - The updated segment reporting now reflects the international business based on product category alignment [18] Q&A Session Summary Question: Can you discuss the retailer destocking piece? - Management indicated that retailer destocking is expected to be a permanent change and will flow through the balance of the year [23][24] Question: Can you clarify the strategic expenses related to revenue growth management? - Management explained that strategic investments focus on evaluating revenue growth management, cost out work, and supply chain efficiency [25][26] Question: What is the guidance for category growth? - The guidance now contemplates a greater quantum of pricing due to lower expectations of retail volumes, with retailer destocking being a significant factor [30][31] Question: Can you elaborate on the tariff pressure? - Management noted that direct tariff exposure is a single-digit percentage of overall COGS, with significant indirect impacts from commodities like aluminum [38][39] Question: How has consumption performed exiting the quarter? - Management reported that retail business performed as expected, with destocking impacting the P&L, but March showed better performance than January and February [49][50] Question: How is the innovation pipeline looking for this year? - Management expressed confidence in the innovation pipeline, highlighting new product launches and the potential for growth [62]

Exhibit 99.1 First Quarter 2025 Highlights Net Income decreased to $31 million versus $49 million in the first quarter of 2024, driven by $10 million of after tax refinancing costs and $8 million of after tax CEO transition costs and strategic investments in cost savings and revenue growth initiatives. Adjusted Net Income was unchanged year over year. Adjusted EBITDA decreased to $117 million reflecting lower volume and higher operational costs, partially offset by higher pricing and lower SG&A. The Company ...

Reynolds Consumer Products (NASDAQ: REYN ) is a manufacturer of waste and storage, cooking and tableware products. Since its listing, Reynolds has mostly traded at high multiples. In the current market turmoil and after releasing a guidance belowI focus on investment ideas about companies that pay a (healthy) dividend while you wait for capital appreciation. I like to find good businesses which reward shareholders. The shares of the company should be for a temporary reason undervalued in relation to its fun ...

Following my coverage on Reynolds Consumer Products (NASDAQ: REYN ) in Dec'24, for which I recommended a hold rating due to my expectation that the business will face demand headwinds in the near term, pressuring FY25 performance, this post isI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I ...

This presentation contains statements reflecting our views about our future performance that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including our first quarter and fiscal year 2025 guidance. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "intends," "outlook," "forecast", "position", "committed," "plans," "anticipates," "believes," "estimates," "predicts ...

Financial Data and Key Metrics Changes - Net revenues for 2024 reached $3.695 billion, exceeding initial guidance, with a 1% increase in retail volume [33][34] - Adjusted EBITDA for 2024 was $678 million, a $42 million or 7% increase from 2023, with a margin expansion of 140 basis points [34] - Free cash flow for the year was $369 million, contributing to a reduction in leverage to 2.3 times trailing 12 months adjusted EBITDA [34][35] - Adjusted earnings per share increased to $1.67, up 18% from $1.42 in 2023 [35] Business Line Data and Key Metrics Changes - All four business segments showed accelerating volume growth in Q4, with Hefty Waste & Storage and Reynolds Cooking & Baking each delivering 3 points of volume growth [36] - The tableware segment showed improving volume and share trends, while the Presto business unit remained flat [36] Market Data and Key Metrics Changes - Consolidated retail volume increased by 1% in Q4, with each business unit contributing to this growth [9] - The foam plate business, representing less than 10% of revenue, is facing secular headwinds, contributing to inconsistent earnings growth [17] Company Strategy and Development Direction - The company aims to expand its brands into new categories and enhance its portfolio of affordable, sustainable solutions [14] - A comprehensive program of action is being implemented to drive growth, expand margins, and improve shareholder value [18] - The focus is on increasing automation, enhancing production capabilities, and investing in productivity improvements [23][29] Management's Comments on Operating Environment and Future Outlook - Management anticipates a challenging consumer environment, with no significant catalysts for change in consumer behavior [123] - The company expects retail volume to perform at or better than category expectations, driven by increased investment in growth programs [42] - For 2025, net revenues are expected to decline low-single digits, primarily due to a projected double-digit decline in the foam category [40][41] Other Important Information - The company plans to invest in strategic initiatives in 2025, with expected annualized returns starting to benefit results late in the year [39] - The anticipated CEO transition costs and investments in strategic initiatives are estimated to be between $25 million to $35 million [39][130] Q&A Session Summary Question: What are the biggest changes required by the new program? - The company is focusing on a more targeted approach across the retail landscape and prioritizing innovation [53][54] Question: What are the input cost expectations for this year? - Commodities are expected to be a significant headwind, but the company has tools to offset these costs [58] Question: Can you comment on the competitive environment in the trash category? - The promotional environment has increased, but pricing in Waste & Storage remained flat [60][61] Question: What changes prompted the new management approach? - The company is focusing on strategic investments to drive growth in light of category forecasts [68] Question: How does the company plan to manage pricing in light of potential tariffs? - Pricing actions are designed to stay within key thresholds, with productivity also being a tool to offset costs [76][128] Question: Can you clarify the breakdown of the CEO transition costs? - Approximately half of the estimated costs are for CEO transition, with the other half for targeted investments [130]

For the quarter ended December 2024, Reynolds Consumer Products (REYN) reported revenue of $1.02 billion, up 1.4% over the same period last year. EPS came in at $0.58, compared to $0.65 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $974.33 million, representing a surprise of +4.79%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.58.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...