• The Clorox of kitchen and waste essentials.
• Like a smaller-scale Procter & Gamble, focused entirely on kitchen and household basics such as aluminum foil and trash bags.
• The Kimberly-Clark of your kitchen, providing everyday essentials from foil to trash bags.

• Reynolds Wrap Aluminum Foil: Versatile aluminum foil products used for cooking, baking, grilling, and food storage.
• Hefty Trash Bags: Durable garbage bags designed for various household and outdoor waste disposal needs.
• Hefty Food Storage Bags: Resealable plastic bags intended for preserving food freshness and organizing pantry items.
• Hefty Disposable Tableware: Convenient disposable plates, cups, and bowls for entertaining and everyday use.
• Reynolds Kitchens Cooking & Baking Aids: Specialty products like parchment paper, slow cooker liners, and oven bags for easier cooking and cleanup.

Reynolds Consumer Products (REYN) sells primarily to **other companies**, specifically large retailers and wholesalers that then sell their products to individual consumers.

Based on the company's annual reports, its major customer is:

• Walmart Inc. (NYSE: WMT) - Walmart Inc. (which includes Walmart stores and Sam's Club) accounted for approximately 21% of Reynolds Consumer Products' net sales in fiscal year 2023.

The company also notes that its top five customers collectively accounted for approximately 50% of its net sales in fiscal 2023. While specific names of the other top customers are not publicly disclosed, they typically include other major national and regional grocery chains, mass merchandisers, club stores, and e-commerce platforms.

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Scott Huckins, President and Chief Executive Officer

Scott Huckins assumed the role of President and Chief Executive Officer of Reynolds Consumer Products in January 2025. He previously served as the company's Chief Financial Officer from November 2023 to December 2024. Before joining Reynolds, Mr. Huckins was the CFO of SunOpta, Inc. from 2019 to October 2023, where he contributed to significant revenue and earnings growth through operational focus and portfolio prioritization, and also served as general manager for one of SunOpta's business units. He also led the 2020 sale of SunOpta's global ingredients segment. Prior to SunOpta, Mr. Huckins was the CFO of Claire's Stores, Inc. from 2016 to 2019, where he led recapitalization and business consolidation initiatives followed by a change of ownership. His background also includes positions at Sears Holdings, RSC Holdings, Pioneer Advisors, and various leadership roles at Koch Industries Inc. and affiliated companies.

Nathan Lowe, Chief Financial Officer

Nathan Lowe was appointed Chief Financial Officer of Reynolds Consumer Products, effective January 1, 2025. He previously served as the company's Senior Vice President of Financial Planning & Analysis from October 2023 to December 2024, and prior to that as Vice President of Financial Planning & Analysis from January 2021 to October 2023, and Senior Director of Financial Planning & Analysis from January 2019 to December 2020. Before joining Reynolds, Mr. Lowe served as Assistant Corporate Controller and Treasurer of GEC Packaging Technologies (part of Pactiv Evergreen Inc.) from 2016 to 2018, and Financial Controller of Americold Logistics LLC's international business from 2015 to 2016. From 2006 to 2015, he worked at KPMG in both Australia and the USA, primarily with consumer and industrial businesses, providing audit and advisory services.

Christopher Corey, President, Presto Products

Christopher Corey has served as the President of Presto Products since November 2022. Prior to this role, he was the Senior Vice President, International and Canada, for Reynolds Consumer Products from 2019 until November 2022. His previous experience in consumer packaged goods (CPG) leadership includes roles at Kraft Heinz, Boehringer Ingelheim Consumer Healthcare, and Johnson & Johnson.

Ryan Clark, President, Hefty Tableware

Ryan Clark was appointed President of Hefty Tableware, effective May 2025. He brings over 25 years of experience in the CPG industry. Before joining Reynolds, Mr. Clark served as Chief Commercial Officer, Grocery, at Post Consumer Brands, where he was responsible for expanding gross margins through portfolio optimization, pricing, and market share growth. He also spent a decade at Conagra Brands, holding leadership roles as President across multiple business units.

Carlen Hooker, Chief Commercial Officer

Carlen Hooker was appointed Chief Commercial Officer, effective June 16, 2025. She is a recognized CPG executive with over 30 years of experience, bringing strong commercial operations expertise from companies such as Church & Dwight, Ferrero U.S.A., Novartis, and Pfizer. Most recently, Ms. Hooker served as EVP Sales, Chief Commercial Officer at Church & Dwight, where she led the $5.6 billion US Consumer Domestic business.

The accelerating global movement towards sustainability, characterized by increasing regulatory restrictions on single-use plastics and non-recyclable materials, and a rapidly growing consumer preference for reusable, compostable, and sustainable alternatives. This trend directly challenges the demand for and long-term viability of several of REYN's core single-use product lines, particularly disposable tableware and plastic food storage bags, and puts pressure on other categories like trash bags and aluminum foil to offer more sustainable options or face market share erosion from competitors focused on these alternatives. This represents a fundamental shift in market demand and regulatory environment, potentially rendering traditional single-use products less desirable or even obsolete in certain markets.

The addressable markets for Reynolds Consumer Products' (REYN) main products are as follows:

• Aluminum Foil:
  • U.S. Market: The U.S. aluminum foil market generated a revenue of $2,812.8 million in 2024 and is expected to reach $4,792.5 million by 2033, growing at a CAGR of 6.1% from 2025 to 2033.
  • Global Market: The global aluminum foil market size is expected to be worth around $29.1 billion in 2024, growing to approximately $48.8 billion by 2034, at a CAGR of 5.3% from 2025 to 2034.
• Waste Bags (Trash Bags):
  • U.S. Market: The United States trash bags market size is estimated at $2.98 billion in 2025 and is expected to reach $3.57 billion by 2030, reflecting a CAGR of 3.69% during 2025-2030.
  • Global Market: The global trash bags market size was valued at $10.69 billion in 2024. The market is projected to grow to $16.83 billion by 2032, exhibiting a CAGR of 5.90% during the forecast period.
• Parchment Paper:
  • Global Market: The global parchment paper market is estimated to be valued at $1.27 billion in 2025 and is expected to reach $1.86 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2025 to 2032.
  • North America Market: North America is the leading region in the parchment paper market, holding a dominant share of 45.3%, valued at $0.4 billion in 2024.
• Plastic Wrap:
  • North America Market: The North America plastic wrap market size was valued at $5.61 billion in 2024 and is expected to reach $9.09 billion by 2032, at a CAGR of 6.20% during the forecast period.
  • U.S. Market: The U.S. plastic wrap market captured the largest revenue share of 78.5% in 2024 within North America, which can be estimated at approximately $4.40 billion ($5.61 billion * 0.785).
• Food Storage Bags:
  • U.S. Market: The United States is a leading market for food storage bags, with a market size of $3.5 billion.
  • Global Market: The market size of food storage bags is estimated to be worth $5,098.4 million (approximately $5.10 billion) in 2025 and is anticipated to reach a value of $9,485.2 million (approximately $9.49 billion) by 2035, with sales projected to rise at a CAGR of 6.4% over the forecast period between 2025 and 2035.
• Baking Cups (Cupcake Liners):
  • Global Market: The global cupcake liner market is estimated to be valued at $104.8 million in 2025 and is projected to reach $155.1 million by 2035, registering a compound annual growth rate (CAGR) of 4.0% over the forecast period.
  • North America Market: The North America cupcake liner market is projected to hold an estimated 19.70% value share in 2025, which can be estimated at approximately $20.6 million ($104.8 million * 0.197).
• Disposable Tableware: null

• Product Innovation and New Product Launches: Reynolds Consumer Products anticipates revenue growth through the introduction and scaling of innovative products. The company has highlighted new offerings such as Hefty Fabuloso scented waste bags, Hefty ECOSAVE compostable cutlery, Reynolds Kitchens air fryer cups, and Reynolds Wrap Fun Foil as key contributors to volume and market share gains. These innovations aim to meet evolving consumer demands and expand the company's market presence.
• Strategic Pricing Actions: The company plans to continue implementing strategic pricing actions to offset higher input costs and enhance revenue. Recent successful price increases, particularly for aluminum foil, have contributed to improved results across business units. Management expects sequentially accelerating price growth to remain a factor in their financial performance.
• Volume Growth and Market Share Expansion: Reynolds Consumer Products is focused on driving volume growth and increasing its market share across various categories. The company has demonstrated success in gaining share in multiple areas, including Hefty Waste Bags, private label food bags, Hefty Party Cups, Reynolds Wrap, and Reynolds Kitchens Parchment products. Efforts to outperform category takeaways indicate a continued focus on expanding its customer base and sales volume.
• Strategic Investments in Growth and Operational Excellence: The company is making significant capital investments in high-return projects designed to support growth, drive margin expansion, and build a more robust earnings model beyond 2025. These investments include initiatives in automation and other operational cost-saving programs, which, while also impacting profitability, are strategically aimed at enabling incremental growth and strengthening the company's U.S.-centric manufacturing and supply chain for a competitive advantage.

Share Issuance

• Reynolds Consumer Products completed its initial public offering (IPO) on January 31, 2020, issuing 47,170,000 shares and raising $1,226.42 million.
• As of July 31, 2024, the company had 210,138,321 shares of common stock outstanding.

Capital Expenditures

• Capital expenditures were $104 million for the year ended December 31, 2023.
• Capital expenditures were $120 million for the year ended December 31, 2024.
• For 2025, capital spending is expected to increase by $30 million to $40 million compared to 2024, focusing on high-return projects to support growth, drive margin expansion, deliver a more robust earnings model, and invest in automation and reshoring manufacturing.