Earnings Releases·Nov 4, 2026, 7:00 AM ET

Reynolds Consumer Products — Third Quarter 2026 Earnings Summary

Q3 2026 net revenues rose 1.4% to $944 million, while net income and adjusted net income declined to $58 million and $83 million, respectively, due to higher SG&A and volume declines; year-to-date net income and adjusted net income grew to $206 million and $231 million.
Full-year 2026 guidance remains unchanged, projecting net revenues of +1% to +3%, adjusted EPS of $1.57 to $1.63, and adjusted EBITDA of $660 million to $675 million, with Q4 net revenues expected to range from -3% to +3% versus the prior year.
Segment performance was mixed: Reynolds Cooking & Kitchen Essentials and Hefty Waste & Clean-Up saw revenue growth driven by price increases, whereas Hefty Home & Tableware and Hefty Storage & Organization faced double-digit and single-digit revenue declines due to volume elasticity and timing.
Subsequent to the quarter, the company acquired Owl's Head Alloys for $110 million to expand vertically integrated aluminum processing capabilities, while the Board approved a quarterly dividend of $0.23 per share.