REYN

EX-99.1

2 reyn-20260729xex991.htm

EX-99.1

Document

Exhibit 99.1

Reynolds Consumer Products Reports

Second Quarter 2026 Financial Results

Delivering Earnings Growth in Dynamic Consumer & Cost Environment

Productivity Initiatives Fueling Investments In The Business

Reiterates Full Year 2026 Earnings Outlook

LAKE FOREST, Ill., July 29, 2026 – (BUSINESSWIRE) – Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the second quarter ended June 30, 2026.

“Our solid second quarter and year-to-date results reflect the consistency of our execution against our priorities," said Scott Huckins, President and Chief Executive Officer. "We held or gained share across the majority of our categories, delivered operational efficiencies, and invested behind our brands, innovation and strategic initiatives. Our trusted brands, compelling consumer value, and strong retail partnerships position us well to execute in a tough operating environment and against our longer-term strategic priorities to drive shareholder value.”

Second Quarter 2026 Highlights

•Net Revenues of $944 million compared to $938 million in Q2 2025

◦Retail Net Revenues of $888 million compared to $887 million in Q2 2025

◦Retail volumes decreased 5%; excluding foam Retail volumes decreased 2%

◦Non-Retail Net Revenues1 of $56 million compared to $51 million in Q2 2025

•Net Income of $89 million compared to $73 million in Q2 2025, and Adjusted Net Income of $89 million compared to $83 million in Q2 2025

•Adjusted EBITDA of $171 million compared to $163 million in Q2 2025

•Earnings Per Share increased 20% to $0.42 compared to $0.35 in Q2 2025, and Adjusted Earnings Per Share increased 8% to $0.42 vs. $0.39 in Q2 2025

Net Income increased 22% to $89 million from $73 million in Q2 2025 and Adjusted Net Income increased $6 million compared to Adjusted Net Income of $83 million for the second quarter of 2025, reflecting improved operating performance. Adjusted EBITDA increased $8 million to $171 million compared to the prior year period, primarily driven by manufacturing efficiency gains, partially offset by the impact of lower volumes and increased selling, general and administrative (SG&A) costs. These results reflect continued margin expansion through productivity initiatives, supporting ongoing investment in growth and other strategic initiatives.

1Non-Retail Revenues consist of aluminum sales made to food service and industrial customers.

Second Quarter Key Business Segment Results

As outlined in our first quarter earnings release, effective January 1, the Company realigned its former Hefty Waste & Storage and Presto Products operating segments to enhance efficiency, sharpen its innovation focus, and better support future expansion into adjacent categories. These changes did not impact previously reported consolidated results. All prior periods are recast to conform with current year presentation.

Reynolds Cooking & Kitchen Essentials

•Net Revenues increased $19 million to $314 million, reflecting increases in both Retail and Non-retail Revenues, and includes 19 points of pricing to offset commodity cost increases.

•Retail volumes decreased 8%, in part from promotional timing differences in foil, while Reynolds parchment, oven bags and slow cooker liners drove share gains.

•Adjusted EBITDA increased $4 million to $53 million, primarily driven by manufacturing efficiency gains, partially offset by the impact of lower volumes.

Hefty® Waste & Clean-Up

•Net Revenues decreased $3 million to $233 million. Retail volumes remained flat and branded volume gains offset previously communicated private label distribution losses.

•Hefty® waste maintained share, despite a heightened promotional environment. Hefty® Ultra Strong trash bags were listed as a top 5 selling item on Amazon Prime Day 2026.

•Adjusted EBITDA decreased $3 million to $69 million due to the impact of lower revenues.

Hefty® Home & Tableware

•Net Revenues decreased $25 million to $217 million, due to the impact of lower volumes driven primarily by foam declines, partially offset by reduced promotional activity.

•Retail volumes decreased 14%; excluding foam Retail volumes decreased 8%.

•Adjusted EBITDA increased $8 million to $43 million, driven by manufacturing efficiency gains. The impact of lower volumes was offset by decreased promotional activity.

Hefty® Storage & Organization

•Net Revenues increased $9 million to a record second quarter of $176 million, reflecting stronger volumes.

•Retail volumes increased 8%, driven by strong performance of Hefty® and store brand food bags.

•Adjusted EBITDA decreased $3 million to $27 million, driven primarily by costs associated with the ramp up of new business and promoting behind new distribution.

Year to Date 2026 Highlights

•Net Revenues of $1,821 million compared to $1,756 million in the comparable prior year period

◦Retail Ne

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reyn-2026020400017864312025FYfalse00017864312026-02-042026-02-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 4, 2026

REYNOLDS CONSUMER PRODUCTS INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware001-3920545-3464426 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

1900 W. Field Court Lake Forest, Illinois 60045

(Address of Principal Executive Offices)(Zip Code)

Registrant’s telephone number, including area code: (800) 879-5067 Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading symbol(s) Name of each exchange on which registered Common Stock, $0.001 Par ValueREYNThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  o

Item 2.02. Results of Operations and Financial Condition On February 4, 2026, Reynolds Consumer Products Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information included in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

Item 9.01. Financial Statements and Exhibits (d)Exhibits

Exhibit No.Description

99.1Press Release issued by Reynolds Consumer Products Inc., dated February 4, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 4, 2026

REYNOLDS CONSUMER PRODUCTS INC.

By:/s/ Jill E. Barnett Jill E. Barnett Chief Legal Officer and Secretary