Reynolds Consumer Products Inc. · NASDAQ:REYN
Reynolds Consumer Products — Q2 2025 Earnings Presentation
20 slides from Reynolds Consumer Products's earnings presentation, Jul 30, 2025
Slide 1: Q2 2025 Earnings Call
Q2 2025 Earnings Call July 30, 2025
Slide 2: Safe Harbor
Safe Harbor This presentation contains statements reflecting our views about our future performance that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on information available to us on the date of this presentation
Slide 3: Our products simplify daily life so you can enjoy what matters most
Our products simplify daily life so you can enjoy what matters most We make cooking, serving, clean-up and storage simpler and easier, providing people a little more time for the things that matter
Slide 4: Advancing our 2025 Priorities
Advancing our 2025 Priorities ✓ Continue treating employee and company safety as our top priority, and build further on our world class safety performance ✓ Accelerate growth through distribution wins and product innovation, and build a more sustainable level of low-single-digit growth in the future
Slide 5: Strategy: Accelerate Growth & Drive Elevated Financial Results
Strategy: Accelerate Growth & Drive Elevated Financial Results Revenue Growth Margin Expansion ROI ✓ Drive organic retail volume ✓ Execution of cost reduction ✓ Returns based mindset growth initiatives to improve margins ✓ Focus on free cash flow and ✓ Drive distribution wins and unlock additional g
Slide 6: Q2 2025 Financial Results
Q2 2025 Financial Results
Slide 7: CEO quote on executing in a challenging environment
“We are executing well in a challenging operating environment, while also investing in the long-term potential of our business. We believe our US-centric business model is a competitive advantage, and we are building on that advantage by implementing programs to drive additional growth, margin and r
Slide 8: Q2 2025 Financial Performance
Q2 2025 Financial Performance ✓ Delivered a solid quarter in a challenging consumer and operating environment ✓ Continue to drive our categories by meeting the consumer's need for affordability, value and convenience Q2 2025 Performance ✓ Product innovation remains a major contributor to our success
Slide 9: Q2 2025 Financial Highlights
Q2 2025 Financial Highlights $938m $163m 17% Net Revenues Adj. EBITDA1 Adj. EBITDA margin1 Reynolds Cooking & Baking Hefty Waste & Storage Hefty Tableware Presto Products Net Revenues2 $295M Net Revenues2 $255M Net Revenues2 $242M Net Revenues2 $153M Second Quarter Adj. EBITDA $33M Adj. EBITDA $49M
Slide 10: YTD 2025 Financial Highlights
YTD 2025 Financial Highlights $1,756m $279m 16% Net Revenues Adj. EBITDA1 Adj. EBITDA margin1 Adj EBITDA by Segment ¹,² 1This is a non-GAAP financial measure. See the reconciliation tables at the end of this presentation for a reconciliation to the most directly comparable GAAP measure. 2 Excludes C
Slide 11: Q3 and FY 2025 Financial Outlook
Q3 and FY 2025 Financial Outlook
Slide 12: Q3 2025 Outlook
Q3 2025 Outlook Net Revenues Down low single digits Adj EPS1 $0.37 to $0.41 Adj EBITDA1 $160 million to $170 million 1Adjusted EBITDA and Adjusted Earnings per Share are non-GAAP financial measures. The Company is not able to quantify certain other items that will be excluded from forward-looking Ad
Slide 13: 2025 Outlook
2025 Outlook Net Revenues Down low single digits Adj EPS1 $1.54 to $1.61 Adj EBITDA1 $650 million to $670 million 1Adjusted Net Income, Adjusted EBITDA and Adjusted EPS are non-GAAP financial measures. The Company is not able to quantify certain other items that will be excluded from forward looking
Slide 14: Non-GAAP Financial Measures
Non-GAAP Financial Measures
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures We use non-GAAP financial measures “Adjusted EBITDA,” “Adjusted Net Income,” “Adjusted Earnings Per Share,” “Net Debt,” and “Net Debt to Trailing Twelve Months Adjusted EBITDA” in evaluating our past results and future prospects. We define Adjusted EBITDA as net income ca
Slide 16: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 (in millions) (in millions) Net income – GAAP $ 73 $ 97 $ 105 $ 145 Income tax expense 23 18 33 35 Interest expense, net 22 25 42 51 Debt refinancing expense(1) — — 13 — Deprecia
Slide 17: Reconciliation of Net Income and EPS to Adjusted Net Income and Adjusted EPS
Reconciliation of Net Income and EPS to Adjusted Net Income and Adjusted EPS Three Months Ended June 30, Three Months Ended June 30, 2025 2024 Net Diluted Diluted Net Diluted Diluted (in millions, except for per share data) Income Shares EPS Income Shares EPS As Reported - GAAP $ 73 210.3 $ 0.35 $ 9
Slide 18: Reconciliation of TTM Net Income to TTM Adjusted EBITDA
Reconciliation of Trailing Twelve Months Net Income to Trailing Twelve Months Adjusted EBITDA (amounts in millions) Twelve Months Twelve Months Ended December 31, Ended June 30, 2025 2024 Net income – GAAP $ 312 $ 352 Income tax expense 97 99 Interest expense, net 90 98 Debt refinancing expense 13 —
Slide 19: Reconciliation of Total Debt to Net Debt
Reconciliation of Total Debt to Net Debt and Calculation of Net Debt to Trailing Twelve Months Adjusted EBITDA (amounts in millions, except for Net Debt to Trailing Twelve Months Adjusted EBITDA) As of June 30, 2025 Current portion of long-term debt 16 Long-term debt $ 1,617 Total debt 1,633 Cash an
Slide 20: Reynolds Consumer Products
ReynoldsY Consumer Products
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