REYN Reynolds Consumer Products Inc.
$26.25
Reynolds Consumer Products Inc. Q2 F2026 Earnings Call Transcript
Wednesday, July 29, 2026
AI Conference Call Analysis
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Conference Operator
Greetings. Welcome to Reynolds Consumer Products Incorporated's second quarter 2026 earnings call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jim Koval, Thank you, Jill. You may begin.
Jim Koval
Host, Vice President of Investor Relations
Thank you, Operator, and good morning, everyone. Thank you for joining us for Reynolds Consumer Products' second quarter earnings conference call. Today's call is being webcast, and a replay will be available on the Investor Relations section of our corporate site at ReynoldsConsumerProducts.com. Our earnings press release and investor presentation are also available. Joining me on the call today are Scott Huckins, our President and Chief Executive Officer, and Nathan Lowe, our Chief Financial Officer. Following their prepared remarks, we will open the call for a brief question and answer session. Before we begin, I would like to remind you that this morning's discussion will include forward-looking statements which are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those described today. Please refer to the risk factor section of our SEC filings for more information. The company does not intend to update or alter these forward-looking statements to reflect events or circumstances arising after the call. In addition, we will reference certain non-GAAP or adjusted financial measures during today's call. Reconciliations of these GAAP to non-GAAP financial measures are available in our earnings press release, investor presentation deck, and Form 10-Q, which can be found on the investor relations section of our website. With that, I'd like to turn the call over to Scott.
Scott Huckins
President and Chief Executive Officer
Thank you, Jill, and good morning, everyone. We delivered a solid second quarter, executing our pricing actions as planned, holding or growing share across the majority of our categories, and driving earnings growth through numerous productivity initiatives. In a highly promotional environment where consumers remain under pressure, Our performance reflects the strength of our brands, the value consumers see in our products, and the quality of execution from our teams. A few highlights from the quarter. We are executing well against our previously stated priorities. Significant productivity is being achieved across our entire supply chain with a large portion coming from our manufacturing operations. This enables further investment in R&D, Innovation and Growth, which we expect to continue in the back half. We deliver distribution wins across both Hefty Waste and Cleanup and Hefty Storage and Organization, as evidenced by the volume and revenue performance in each segment. Each business is overcoming highly promotional environments in the private label losses we've previously communicated. On the e-commerce front, Hefty Ultra Strong Trash Bags ranked among the top five products sold across all categories on Amazon Prime Day, while our hefty food bags grew e-commerce sales approximately 30% from the year-ago period, meaningfully outpacing the category. These results validate our digital positioning and reflect growing brand visibility across digital channels. Turning to our business units. In Reynolds Cooking and Kitchen Essentials, we continue to execute our pricing strategy Thank you for joining us.
David Swartzberg
Analyst
Huckins, and David Swartzberg.
Scott Huckins
President and Chief Executive Officer
Thank you for joining us. Thank you for watching.