Reynolds Consumer Products Reports Q3 2026 Results Amid Volume Declines and Commodity Headwinds
Reynolds Consumer Products (REYN) reported third-quarter 2026 net revenues of $944 million, a 1% increase year-over-year. However, the company faced significant volume pressure, with retail volumes decreasing by 7% as price increases to offset aluminum costs led to demand elasticity and strained consumer budgets. Adjusted EBITDA fell to $163 million from the prior year, impacted by lower volumes and higher SG&A expenses. Despite these challenges, the company successfully completed the $110 million acquisition of Owl's Head Alloys in October 2026 to bolster vertical integration. Management reaffirmed full-year revenue guidance of 1% to 3% growth and adjusted EBITDA guidance between $660 million and $675 million.