Reynolds Consumer Products Q2 revenue slightly beats expectations

Overview

• U.S. household essentials maker's Q2 revenue slightly beat analyst expectations

• Q2 adjusted EBITDA beat analyst expectations, driven by manufacturing efficiency gains

• Q2 adjusted EPS rose 8% to $0.42, with margin expansion supporting investment in growth

Outlook

• Company expects full-year 2026 net revenue outlook to growth of 1% to 3%

• Reynolds sees 2026 net income of $331 mln to $343 mln, EPS of $1.57 to $1.63

• Company expects Q3 net revenues to be flat, with EPS of $0.37 to $0.39

Result Drivers

• MANUFACTURING EFFICIENCY GAINS - Co said improved operating performance and margin expansion were primarily driven by manufacturing efficiency gains

• PRICING ACTIONS - Co said increased pricing, particularly in Reynolds Cooking Kitchen Essentials, helped offset commodity cost increases

• MIXED VOLUME TRENDS - Co reported overall retail volume declines, with growth in Hefty Storage Organization and declines in Hefty Home Tableware, especially foam products

Company press release: ID:nBw2c7y4va

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)