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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REYN
News
- Reynolds Consumer Products Declares Regular Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- Reynolds Consumer Products Declares Regular Quarterly Cash DividendBusiness Wire
- Reynolds Consumer Products to Report First Quarter 2024 Financial Results on May 8, 2024Business Wire
- Reynolds Consumer Products Inc. (NASDAQ: REYN) had its price target raised by analysts at Barclays PLC from $27.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Reynolds Consumer Products (REYN) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
REYN
Earnings
- 2/7/24 - Beat
REYN
Sec Filings
- 4/26/24 - Form 4/A
- 4/25/24 - Form 8-K
- 4/25/24 - Form 4
- REYN's page on the SEC website