Reynolds Consumer says it’s ‘well-positioned’ to win in online grocery [MarketWatch]
Reynolds Consumer Products Inc. (REYN)
Company Research
Source: MarketWatch
Reynolds Consumer says it’s ‘well-positioned’ to win in online grocery Reynolds Consumer Products Inc., with its portfolio of consumer goods from Hefty bags to Reynolds Wrap, has been focused on e-commerce for years, according to Chief Executive Lance Mitchell, which should pay off as online grocery shopping grows. Mitchell notes that Reynolds Consumer REYN, +4.59% products are “shelf stable,” meaning they can be stored at room temperature, and cost-effective for shipping. Not only that, Reynolds Consumer merchandise is sold at major grocery stores and warehouse clubs like Costco Wholesale Corp. COST, -0.72% , among other retailers. Curbside pickup is gaining popularity for retailers like Walmart Inc. WMT, +0.09% and Target Corp. TGT, +1.99% And the categories that Reynolds Consumer merchandise occupies are often sold along with perishable food items. See: Reynolds Consumer shares soar after its portfolio of everyday goods goes public in $1 billion-plus IPO Shoppers pic
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News
- The Hefty® Brand Launches Trash Time Out to Transform Trash Duty into a Moment of Zen [Yahoo! Finance]Yahoo! Finance
- Reynolds Consumer Products (NASDAQ:REYN) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Here's What Analysts Are Forecasting For Reynolds Consumer Products Inc. (NASDAQ:REYN) After Its Third-Quarter Results [Yahoo! Finance]Yahoo! Finance
- Reynolds Consumer Products Inc. (NASDAQ: REYN) had its price target lowered by analysts at Barclays PLC from $29.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Reynolds Consumer Products Inc. (REYN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
REYN
Earnings
- 10/30/24 - In-Line
REYN
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form 144
- 11/4/24 - Form 4
- REYN's page on the SEC website