Reynolds Consumer Products Doubles Commodity Headwind Estimate to $400 Million

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Reynolds Consumer Products has raised its estimate of annualized commodity headwinds to approximately $400 million from $200 million previously, reflecting higher aluminum and resin costs. The company increased its full-year 2026 net revenue outlook to growth of 1-3% compared with 2025 revenues of $3.72 billion, while maintaining adjusted EPS guidance of $1.57-$1.63 and adjusted EBITDA outlook of $660-$675 million. Second-quarter revenues increased 1% year over year to $944 million, and adjusted EBITDA rose 5% to $171 million, with gross margin expanding 200 basis points. However, retail volumes declined 8% in the Reynolds Cooking & Kitchen Essentials segment, and Hefty Home & Tableware revenues fell 10.3% year over year. The company generated $173 million of operating cash flow in the first six months of 2026 and made a voluntary $50 million debt repayment, with net debt at $1.46 billion as of June 30, 2026.

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