Reynolds Consumer Products(REYN) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Reynolds Consumer Products Reports First Quarter 2024 Financial Results First Quarter Net Income and Adjusted EBITDA Increased 188% and 49% First Quarter 2024 Highlights Retail volume performed at the high end of Company expectations, decreasing 3% which includes over 1% of portfolio optimization. The Company continued to lead its categories with several performing slightly better than expected in the quarter. Net Income increased $32 million and Adjusted EBITDA increased$40 million, or 49%, o ...