Volume Growth and Market Share Gains
Reynolds Consumer Products delivered volume growth across most categories, gaining market share in areas such as Hefty Waste Bags, private label food bags, and Hefty Party Cups.
Product Innovation Success
Product innovation, including Hefty Fabuloso scented waste bags and Hefty ECOSAVE compostable cutlery, contributed to volume and share gains, with Hefty ECOSAVE cutlery showing promising early results.
Positive Revenue and EBITDA Results
The company reported net revenues of $938 million, up from $930 million in the prior year, and adjusted EBITDA of $163 million, at the high end of the range.
Strategic Investments and Capital Allocation
Reynolds increased capital spending by $30 million compared to the first half of 2024, focusing on high-return projects, automation, and reshoring manufacturing.