Reynolds Consumer Products Q1 2025 Financial Overview

Reynolds Consumer Products Inc ( (REYN) ) has released its Q1 earnings. Here is a breakdown of the information Reynolds Consumer Products Inc presented to its investors.

Reynolds Consumer Products Inc., a leading provider of household products such as Reynolds Wrap aluminum foil and Hefty trash bags, operates within the consumer goods sector, focusing on products that simplify daily life across U.S. households.

In its first quarter of 2025, Reynolds Consumer Products reported net revenues of $818 million, a slight decrease from $833 million in the same period last year. The company highlighted its strategic investments in growth and cost-saving programs, alongside an updated fiscal outlook for 2025.

Key financial metrics revealed a net income of $31 million, down from $49 million in Q1 2024, largely due to refinancing and CEO transition costs. Adjusted net income remained stable at $49 million, while adjusted EBITDA decreased slightly to $117 million. The company successfully refinanced a significant portion of its debt, extending maturity and enhancing financial flexibility.

Segment-wise, Reynolds Cooking & Baking saw a slight revenue increase, while Hefty Waste & Storage experienced a revenue rise despite a decrease in adjusted EBITDA. Conversely, Hefty Tableware faced declines in both revenue and adjusted EBITDA due to reduced foam volume and higher costs.

Looking ahead, Reynolds Consumer Products anticipates a slight decrease in net revenues for 2025, with adjusted EBITDA expected between $650 million and $670 million. The company remains focused on navigating macroeconomic challenges and advancing growth initiatives to deliver long-term value.