Reynolds Consumer Products posts Q3 2026 results, reaffirms outlook and completes $110 M Owl's Head Alloys acquisition
Reynolds Consumer Products reported third‑quarter 2026 net revenues of $944 million, a 1% year‑over‑year increase, while net income fell to $58 million. Adjusted diluted EPS was $0.39, down from $0.42 a year earlier, and retail volumes declined 7%. The company completed its cash‑free, debt‑free acquisition of Owl's Head Alloys for $110 million and reaffirmed its full‑year revenue growth target of 1%‑3% and adjusted EBITDA range of $660‑$675 million, along with a quarterly dividend of $0.23 per share.
Why it matters
The company’s guidance reaffirmation means investors can expect modest top‑line growth and EBITDA within the previously stated range, while the acquisition adds vertical integration capabilities. The maintained dividend provides a steady cash return to shareholders.
Key facts
- 1Net revenues were $944 million, up 1% from $931 million in Q3 2025. tradingview.com
- 2Net income was $58 million, down from $79 million in the prior year quarter. tradingview.com
- 3Adjusted diluted EPS was $0.39, compared with $0.42 a year earlier. tradingview.com
- 4Retail volumes declined 7% year over year. fool.com
- 5The Owl's Head Alloys acquisition was completed in October 2026 for $110 million on a cash‑free, debt‑free basis. fool.com
- 6Full‑year 2026 revenue guidance is growth of 1%‑3% versus 2025 net revenues of $3.721 billion. fool.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.