Reynolds Consumer Products IncQ2 earnings beat and margin expansion driven by pricing and productivity, with raised Q3 guidance.

Reynolds Consumer Products reported second-quarter 2026 revenue of $944 million, flat year on year but topping analyst estimates of $933.8 million, while adjusted earnings per share of $0.42 beat the consensus of $0.40 by 4%. The company's adjusted EBITDA reached $171 million, above the expected $168.5 million, and operating margin improved to 14.6% from 12.6% a year ago, driven by pricing actions and supply chain productivity gains. Management issued third-quarter revenue guidance of $931 million at the midpoint, exceeding the $916.2 million analyst forecast, and reiterated full-year adjusted EPS guidance of $1.60. CEO Scott Huckins highlighted significant manufacturing productivity and e-commerce momentum, particularly for Hefty Ultra Strong trash bags and food bags, while CFO Nathan Lowe noted that lean deployment and automation savings are funding reinvestment.
Reynolds Consumer Products IncQ2 earnings beat and margin expansion driven by pricing and productivity, with raised Q3 guidance.