Reynolds Consumer Products (NASDAQ:REYN) reported fourth-quarter results that demonstrated the resilience of its "essentials" portfolio, as market share gains in its trash bag business helped offset a steep decline in foam tableware sales.
The Lake Forest, Illinois-based company said Wednesday that fourth-quarter revenue rose 1.3% to $1.03 billion, edging past the $1.01 billion anticipated by Wall Street.
Net income for the period was $118 million, or 56 cents per share.
On an adjusted basis, the company earned 59 cents per share, matching consensus estimates.
The quarter highlighted a diverging performance across its iconic brands.
The Hefty Waste & Storage segment was a standout, posting a 3% increase in retail volume and gaining significant market share.
In contrast, the Hefty Tableware segment saw revenue fall to $229 million on a 12% volume drop, primarily due to the ongoing phase-out of foam products in several major retail channels.
For the full year 2025, Reynolds reported total revenue of $3.72 billion and a profit of $301 million.
While net income was lower than the previous year due to one-time CEO transition and debt refinancing costs, the company’s operational health remained stable, ending the year with an adjusted EBITDA of $667 million.
Looking ahead, Reynolds provided a 2026 outlook that suggests a modest recovery.
The company expects full-year revenue to range from a 3% decrease to a 1% increase, with adjusted EPS projected between $1.57 and $1.63.
For the current quarter ending in March, the company anticipates earnings of 23 to 25 cents per share, slightly below some analyst forecasts as it navigates seasonal volume fluctuations.