Every material Form 8-K Reynolds Consumer Products has filed with the SEC since May 08, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Reynolds reported third-quarter 2026 net revenues of $944 million, up from $931 million, but net income fell to $58 million from $79 million and diluted EPS fell to $0.28 from $0.38. The company said the decline reflects a $25 million environmental remediation reserve and higher SG&A costs, and it reiterated its full-year 2026 net revenue and adjusted EPS outlook while lowering its adjusted net income range.
Q3 net revenues rose to $944 million from $931 million; Adjusted EBITDA fell to $163 million from $168 million.
Q3 Adjusted EPS was $0.39 versus $0.42 a year earlier; GAAP diluted EPS was $0.28 versus $0.38.
Full-year 2026 net revenue outlook of +1% to +3% and Adjusted EPS outlook of $1.57 to $1.63 were reiterated; Adjusted Net Income outlook is now $332 million to $345 million.
Owl's Head Alloys was acquired after quarter end for $110 million in cash, funded by its Revolving Credit Facility.
Reynolds reported second quarter 2026 net revenues of $944 million, up from $938 million, and net income of $89 million, up from $73 million, with EPS of $0.42 versus $0.35. Retail volumes fell 5%, but adjusted EBITDA rose to $171 million from $163 million. The company raised its full-year 2026 net revenue outlook to a range of +1% to +3%, and kept its full-year net income and EPS outlook unchanged.
Q2 2026 net income of $89 million vs. $73 million in Q2 2025; diluted EPS of $0.42 vs. $0.35
Q2 2026 adjusted EBITDA of $171 million vs. $163 million; retail volumes decreased 5%
Full-year 2026 net revenue outlook raised to +1% to +3%; net income guidance of $331 million to $343 million reiterated
Quarterly dividend of $0.23 per share, payable August 31, 2026, to holders of record as of August 17, 2026
Reynolds Consumer Products reported first-quarter 2026 net revenues of $877 million, up from $818 million a year earlier, and GAAP net income of $59 million, up from $31 million. The company reiterated its full-year 2026 outlook, including EPS of $1.57 to $1.63, and set a quarterly dividend of $0.23 per share.
Net revenues of $877 million vs. $818 million in Q1 2025; retail volumes rose 2%
GAAP diluted EPS of $0.28 vs. $0.15; Adjusted EPS of $0.28 vs. $0.23
Full-year 2026 EPS guidance of $1.57 to $1.63 reiterated; Q2 2026 EPS expected at $0.39 to $0.43
Quarterly dividend of $0.23 per share payable May 29, 2026, to holders of record as of May 15, 2026
Reynolds Consumer Products reported fourth-quarter 2025 net revenues of $1,034 million, up from $1,021 million a year earlier, while GAAP net income fell to $118 million from $121 million, and adjusted net income rose to $125 million. For fiscal 2026, the company expects net income of $331 million to $343 million, above the $301 million reported for 2025, and it declared a $0.23 quarterly dividend.
Q4 2025 net revenues were $1,034 million vs $1,021 million in Q4 2024; GAAP diluted EPS was $0.56 vs $0.58
Q4 2025 adjusted EPS was $0.59 vs $0.58; full-year 2025 GAAP net income was $301 million vs $352 million
2026 guidance: net revenues -3% to +1% vs 2025, net income $331 million to $343 million, adjusted EBITDA $660 million to $675 million
Quarterly dividend of $0.23 per share payable February 27, 2026, to holders of record on February 13, 2026
Reynolds Consumer Products reported third-quarter 2025 net revenues of $931 million, up from $910 million a year earlier, and raised its full-year 2025 adjusted EPS outlook to $1.60 to $1.64. GAAP net income fell to $79 million from $86 million, and GAAP EPS fell to $0.38 from $0.41, while adjusted EPS rose to $0.42 from $0.41, so shareholders see stronger sales and adjusted earnings alongside lower reported profit.
Q3 2025 net revenues of $931 million vs. $910 million in Q3 2024; retail net revenues up 1%
Q3 2025 net income of $79 million vs. $86 million, including $9 million of after-tax CEO transition and strategic investment costs; adjusted EPS of $0.42 vs. $0.41
Full-year 2025 adjusted EPS guidance of $1.60 to $1.64; fourth-quarter 2025 adjusted EPS guidance of $0.56 to $0.60
Quarterly dividend of $0.23 per share, payable November 28, 2025, to holders of record as of November 14, 2025
Reynolds Consumer Products reported second quarter 2025 net revenues of $938 million, up from $930 million a year earlier, but net income fell to $73 million from $97 million and adjusted EBITDA declined to $163 million from $172 million. The company reiterated its full-year 2025 outlook and declared a quarterly dividend of $0.23 per share, so shareholders see higher sales offset by lower profit.
Q2 2025 net revenues were $938 million vs. $930 million in Q2 2024; Q2 EPS was $0.35 vs. $0.46 a year earlier
Adjusted EBITDA was $163 million vs. $172 million, driven by lower retail volume and the timing of pricing actions
Full-year 2025 outlook reiterated: Adjusted EBITDA of $650 million to $670 million and Adjusted EPS of $1.54 to $1.61
Quarterly dividend of $0.23 per share approved, payable August 29, 2025 to holders of record as of August 15, 2025
On July 23, 2025, Reynolds Consumer Products' board elected Duncan Hawkesby as a Class II director and increased the board from 8 to 9 members. He was designated by Packaging Finance Limited, the company's controlling stockholder, and is not expected to join any board committees.
Duncan Hawkesby elected to the board effective July 23, 2025, with a term expiring at the 2028 annual meeting
Board size increased from 8 to 9 members
Designated by Packaging Finance Limited (PFL), the controlling stockholder, under a February 4, 2020 Stockholders Agreement
Hawkesby is the son-in-law of Graeme Hart, the ultimate owner of PFL, and will not receive non-employee director compensation
Reynolds Consumer Products named Carlen Hooker Chief Commercial Officer, effective June 16, 2025, and Ryan Clark President, Hefty Tableware, effective May 20, 2025. The changes follow the departures of Steve Pace, who is retiring, and Rachel Bishop, who is leaving on June 30, 2025 to pursue other opportunities. The filing discloses no financial results, but the company says the moves are meant to accelerate its strategy for revenue growth, market share gains and margin expansion.
Carlen Hooker appointed Chief Commercial Officer effective June 16, 2025; she succeeds Steve Pace, who retires and will assist through July 31, 2025
Ryan Clark appointed President, Hefty Tableware, effective May 20, 2025, succeeding Rachel Bishop, who leaves June 30, 2025
Bishop's separation agreement provides cash severance equal to her $577,000 annual base salary paid over 12 months, plus a prorated 2025 incentive payment and prorated equity vesting on February 1, 2026
Reynolds Consumer Products reported first-quarter 2025 results, with net revenues of $818 million, down from $833 million a year earlier, and net income of $31 million, down from $49 million. The company updated its full-year 2025 outlook, now expecting Adjusted EBITDA of $650 million to $670 million and Adjusted EPS of $1.54 to $1.61, and declared a quarterly dividend of $0.23 per share.
Q1 2025 net revenues $818 million vs. $833 million in Q1 2024; retail volume decreased 4%
Q1 2025 net income $31 million vs. $49 million; EPS $0.15 vs. $0.23; Adjusted EBITDA $117 million vs. $122 million
Full-year 2025 outlook: Adjusted EBITDA $650 million to $670 million; Adjusted EPS $1.54 to $1.61
Quarterly dividend of $0.23 per share payable May 30, 2025, to holders of record as of May 16, 2025
Reynolds Consumer Products entered Amendment No. 4 to its credit agreement, replacing its outstanding senior secured term loans with new term loans of $1,644,562,500 that mature in March 2032. The new loans bear interest at term SOFR plus 1.75% per annum, and the company's press release says this is a 10 basis point credit spread reduction from the existing term loan, which matters to shareholders because it extends the company's debt maturity and lowers its borrowing cost on that debt.
New term loans total $1,644,562,500, replacing the outstanding senior secured term loans.
Interest is term SOFR plus 1.75% per annum; the press release cites a 10 basis point reduction from the existing term loan.
Scheduled maturity is March 2032, about 5 years later than the existing term loan, per the press release.
Reynolds Consumer Products reported fourth-quarter 2024 net income of $121 million, down 12% from a year earlier, while full-year 2024 net income rose 18% to $352 million on lower operating costs and lower interest expense. The company expects full-year 2025 net revenues to fall by low single digits from $3,695 million and forecasts Adjusted EBITDA of $670 million to $690 million, which shareholders will weigh against 2024 results.
Q4 2024 net income was $121 million, down 12% from $137 million; diluted EPS was $0.58 versus $0.65.
Full-year 2024 net revenues were $3,695 million versus $3,756 million in 2023, while net income rose to $352 million from $298 million.
2025 guidance: net revenues down low single digits; Adjusted EBITDA of $670 million to $690 million; Adjusted EPS of $1.61 to $1.68.
Board approved a quarterly dividend of $0.23 per share, payable February 28, 2025, to holders of record on February 14, 2025.
Reynolds Consumer Products reported third-quarter 2024 net revenues of $910 million, down from $935 million a year earlier, while net income rose to $86 million from $78 million. The company also announced that Lance Mitchell will step down as President and CEO effective January 1, 2025, with Chief Financial Officer Scott Huckins succeeding him, and Nathan Lowe becoming CFO, which changes the company's leadership for shareholders.
Q3 2024 net revenues were $910 million vs. $935 million in Q3 2023; net income was $86 million vs. $78 million; EPS was $0.41 vs. $0.37.
Full-year 2024 net revenue guidance narrowed to $3,620 million to $3,660 million from $3,590 million to $3,670 million; net income guidance narrowed to $348 million to $356 million from $346 million to $358 million.
Mitchell leaves the CEO role and Board effective January 1, 2025, and retires July 31, 2025; Huckins becomes CEO and a director on January 1, 2025.
Huckins' initial annual base salary is $1,000,000; Nathan D. Lowe is appointed Vice President, CFO and Treasurer effective January 1, 2025.
Reynolds Consumer Products amended its credit agreement to replace its undrawn $250 million revolving credit facility, due February 2026, with an undrawn $700 million facility maturing October 2029. The term loan facility still matures in February 2027, and the company said it continues to monitor market conditions for refinancing that loan.
Revolving credit facility increased from $250 million to $700 million, and both facilities were undrawn
Revolver maturity extended from February 2026 to October 2029
Senior secured term loan, maturing February 2027, had $1.784 billion outstanding on June 30, 2024
Wells Fargo Bank, National Association was lead left arranger and syndication agent
Reynolds Consumer Products elected Rolf Stangl to its board of directors and named him non-executive Chairman effective September 23, 2024, filling the seat left by Richard Noll, who resigned on September 18, 2024. Stangl is a former CEO of SIG Group AG and currently sits on the board of Pactiv Evergreen Inc., and he was designated by the controlling stockholder, Packaging Finance Limited.
Rolf Stangl elected to the board effective September 23, 2024, as a Class III director with a term expiring at the 2026 annual meeting
Stangl appointed non-executive Chairman and a member of the CNG Committee, replacing Richard Noll, who resigned effective immediately on September 18, 2024
Stangl received restricted stock units with a grant date fair value of $122,547, vesting in full on September 23, 2025
Stangl was designated by Packaging Finance Limited, the controlling stockholder, under the Stockholders Agreement dated February 4, 2020
Reynolds Consumer Products reported second-quarter 2024 net revenues of $930 million, down from $940 million a year earlier, while net income rose to $97 million from $66 million and EPS reached $0.46 versus $0.32. The company raised its full-year 2024 net revenue, net income, Adjusted EBITDA and EPS guidance and issued third-quarter 2024 guidance, which points to higher expected profit despite slightly lower sales.
Q2 2024 net revenues were $930 million versus $940 million in Q2 2023, with retail net revenues up 1% to $892 million.
Q2 2024 net income was $97 million versus $66 million, and Adjusted EBITDA was $172 million versus $150 million.
Full-year 2024 Adjusted EBITDA guidance was raised to $670 million to $685 million from $660 million to $680 million, and EPS guidance to $1.65 to $1.71 from $1.62 to $1.70.
The board approved a quarterly dividend of $0.23 per share, payable August 30, 2024, and a $50 million term loan prepayment was made after quarter end.
Reynolds Consumer Products reported first-quarter 2024 net income of $49 million, up from $17 million a year earlier, and diluted EPS of $0.23 versus $0.08. Net revenues fell 5% to $833 million from $874 million, and the company raised its full-year 2024 net income outlook while reiterating its net revenue and Adjusted EBITDA outlook. Shareholders get higher profit and a higher net income outlook, but revenue is declining and the second-quarter revenue outlook is below the prior-year level.
Q1 2024 net revenues were $833 million vs. $874 million in Q1 2023; retail net revenues fell 3% to $794 million.
Q1 net income was $49 million vs. $17 million; Adjusted EBITDA was $122 million vs. $82 million.
Full-year 2024 net income outlook raised to $341 million to $357 million from $331 million to $347 million; EPS outlook raised to $1.62 to $1.70 from $1.57 to $1.65.
Board approved a quarterly dividend of $0.23 per share, payable May 31, 2024, to holders of record as of May 17, 2024.
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