NEW YORK, June 1, 2026, 05:04 (EDT)
- Reynolds Consumer Products dropped 1.95% to $21.67 on Friday, with the regular Nasdaq session set to open Monday.
- Nasdaq is set to open for regular trading at 9:30 a.m. Eastern. June 1 doesn’t appear on the 2026 market holiday list.
- Reynolds Consumer Products last filed its 8-K and 10-Q for the first quarter on May 6, so investors are watching earnings, guidance and input costs.
Reynolds Consumer Products Inc. is set to open Monday at $21.67, after sliding 1.95% on Friday. That loss capped a short Memorial Day week where the stock ended down about 0.6% from the previous Friday’s close.
With not much in the way of new company news, the setup is now in focus. The main thing for investors is whether they reward Reynolds for a strong Q1 or keep the pressure on the stock as June gets underway with aluminum and resin costs still up.
Stock futures gave mixed signals ahead of the open. SPDR S&P 500 ETF Trust showed gains, but Consumer Staples Select Sector SPDR Fund, which tracks defensive consumer-products names, traded down early.
Reynolds posted Q1 net revenue of $877 million, compared with $818 million a year ago. Retail volumes rose 2%. Net income climbed to $59 million from $31 million. Adjusted EBITDA came in at $131 million, up from $117 million.
Reynolds CEO Scott Huckins called it a “very strong start to the year” after first-quarter results “exceeded our expectations.” CFO Nathan Lowe said the company’s progress “strengthens our confidence” as Reynolds faces what he called an “uncertain macro backdrop.” Reynolds Consumer Products
Reynolds held to its 2026 guidance. The company still sees net revenue next year down 3% to up 1% from 2025’s $3.721 billion, with EPS at $1.57 to $1.63, and adjusted EBITDA of $660 million to $675 million. For the second quarter, Reynolds projects net revenue down 2% to up 1% from last year and EPS between 39 and 43 cents.
Wall Street analysts are split. UBS’s Peter Grom kept his Hold rating but lowered his target to $23 from $26 on May 13. Evercore ISI’s Robert Ottenstein held on to his Buy rating and set a $30 target. RBC Capital’s Nik Modi and Canaccord Genuity’s Brian McNamara both stayed at Hold-equivalent ratings with $24 price targets, StockAnalysis data from TipRanks show. Hold is a neutral view, not a sell.
Results were mixed by segment. Reynolds Cooking & Kitchen Essentials saw revenue up $55 million to $314 million, lifted by price increases and stronger retail volume as the company managed higher commodity costs. Hefty Waste & Clean-Up sales dropped $2 million, with retail volumes down 1% as competition increased. Hefty Storage & Organization grew revenue by $6 million to $159 million.
Competition is real for Reynolds, which calls out Clorox and S.C. Johnson as key rivals. Those names are big in bags, storage, and cleaning-adjacent household goods. Shelf space and promo spending drive volume in those categories.
The trade is messy. Lowe told analysts the company is looking at “incremental headwinds of approximately $200 million” a year, mostly from aluminum and resin. If Reynolds tries to cover those costs by raising prices and customers switch to private-label or competitors, volume could slip as the company works to protect margins. Extra promotion in waste bags would just add to that risk. The Motley Fool
Reynolds ended the quarter with $71 million in cash and $1.53 billion in debt, leaving net debt at $1.459 billion as of March 31. Net debt to trailing 12-month adjusted EBITDA stood at 2.1x. The board signed off on a 23-cent quarterly dividend, with payment set for May 29.
Reynolds (REYN) starts the week with a tight setup. The stock needs to stay above Friday’s close, keep buyers trusting the full-year outlook, and prove it isn’t losing volume as it passes on costs. Reynolds Wrap and Hefty bring steady brand presence, but traders want to see if that steadiness is fully baked in at current prices.
