Reynolds Consumer Products
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Reynolds Consumer Products (REYN) investor relations material

Reynolds Consumer Products Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary4 Nov, 2026

Executive summary

  • Q3 net revenue rose 1% YoY to $944M as higher pricing offset lower volume; Adjusted EBITDA was $163M versus $168M, amid commodity inflation and lower retail volumes.

  • Nine-month Adjusted EBITDA increased to $464M from $447M, supported by productivity and pricing timing, partly offset by lower retail volumes and higher SG&A.

  • Continued investment in brands, innovation, R&D and digital capabilities supported long-term growth priorities.

Financial highlights

  • Q3 net income was $58M versus $79M; Adjusted Net Income was $83M versus $88M. Diluted EPS was $0.28 versus $0.38, and Adjusted EPS was $0.39 versus $0.42.

  • Q3 gross profit was $236M versus $233M; operating income was $98M versus $123M.

  • Nine-month revenue rose 3% to $2,765M; net income increased to $206M from $184M, and Adjusted Net Income to $231M from $220M.

  • Nine-month diluted EPS was $0.97 versus $0.87; Adjusted EPS was $1.09 versus $1.05.

  • A $25M environmental remediation reserve contributed to Q3 earnings pressure.

Outlook and guidance

  • FY26 net revenue growth outlook remains 1%–3% versus 2025 revenue of $3,721M; Adjusted EBITDA guidance remains $660M–$675M.

  • FY26 guidance includes net income of $307M–$320M, EPS of $1.45–$1.51, Adjusted Net Income of $332M–$345M and Adjusted EPS of $1.57–$1.63.

  • Q4 revenue outlook is down 3% to up 3% versus $1,034M in Q4 2025; net income and Adjusted Net Income are each expected at $101M–$114M.

  • Q4 EPS and Adjusted EPS are expected at $0.48–$0.54; Adjusted EBITDA guidance is $196M–$211M.

  • Outlook reflects pricing, experienced elasticity, productivity benefits and current consumer and commodity expectations; an incremental annualized commodity headwind is estimated at ~$400M.

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Frequently asked questions

Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It offers Reynolds Wrap aluminum foil for cooking, baking, or steaming; Hefty-branded disposable waste collection bags and containers; and Hefty One Zip storage bags for storing or freezing food, clothing, bedding, pictures, holiday decorations, tax paperwork, or office files. The company also provides Hefty paper plates for general meal service or special occasions; EZ Foil Bakeware products comprising parchment pans and tin foil cake pans; Reynolds Cut-Rite Wax paper for keeping sticky foods from sticking to surfaces; forma brand sandwich bags; and Hefty slider bags to prevent damage to your food while it is being stored.