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Reynolds Consumer Products Inc. produces and sells products in cooking, serving, cleanup, and storage, and tableware product categories in the United States and internationally. The company operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds Kitchens, and EZ Foil brands in the United…
REYN relies on brand strength, pricing actions, innovation and cost savings to drive profitability despite softer retail demand and cost pressures.
REYN's Q2 margin gains accelerate on supply-chain productivity and automation, but higher commodity costs and July pricing may test momentum.
Shares of Reynolds Consumer Products Inc. (NASDAQ: REYN - Get Free Report) have received a consensus recommendation of "Hold" from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month
Squarepoint Ops LLC decreased its position in shares of Reynolds Consumer Products Inc. (NASDAQ: REYN) by 72.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,973 shares of the company's stock after selling 102,182 shares during the period. Squarepoint
