Reynolds Consumer Products hits $1B revenue in Q4

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.