It made standardized business documents using carbon copy paper. The live conference call webcast and supplemental presentation will be available live over the Internet through the Investors section of the Company’s website at www.reynoldsconsumerproducts.com. Reynolds primarily sells cooking products, waste and storage products and tableware through several brands, including Reynolds and Hefty. (203) 682-8276, Impact of tax legislation change from CARES Act, Net revenues increased $30 million, or 14%, Adjusted EBITDA increased $22 million, or 122%, Net revenues increased $27 million, or 16%, Adjusted EBITDA increased $16 million, or 41%, Net revenues increased $14 million, or 9%, Adjusted EBITDA increased $3 million, or 15%. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Reynolds & Reynolds Co. The increase in Adjusted EBITDA was primarily due to lower material and manufacturing costs. 7373 [SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN], 5045: Computers and Computer Peripheral Equipment and Software. Stock Ticker Lookup. To participate on the live call, dial (855) 982-6675 and enter the passcode 4361736. The increase in Adjusted EBITDA was due to the increase in net revenues and lower material and manufacturing costs. Key Segment Results (compared to the first quarter of 2019). We define Net Debt as the current portion of long term debt plus long term debt less cash and cash equivalents. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. Visit www.zacksdata.com to get our data and content for your mobile app or website. See here for a complete list of exchanges and delays. (847) 482-4081, Media Overall, across both branded and store brand offerings, RCP holds the #1 or #2 U.S. market share position in the majority of product categories in which it participates. For financial reporting, their fiscal year ends on September 30th. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. We provide Dealer Management Systems (DMS) complemented by unique innovative retailing solutions, all integrated and built to deliver better results and transform the customer experience. The stock is up more than 13% to $32.43 per share since its debut. This press release contains statements reflecting our views about our future performance that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including our fiscal year 2020 guidance. Our ability to continue to operate as an essential business is a direct result of our safety culture and management teamwork.”, Mitchell continued, “RCP plant leaders were able to quickly implement procedures and processes that met or exceeded CDC guidelines in our operations to minimize risk, even ahead of state or local mandates. The increase in Net Income was primarily driven by strong volume and lower interest expense as the Company transitioned from a related party capital structure prior to its initial public offering (“IPO”) that carried significantly higher interest expense compared to the Company’s new debt structure that went into effect in conjunction with its IPO. See its 7 best stocks FREE. “Our hearts go out to those who are directly or indirectly affected by the pandemic, the serious impacts of which we could not anticipate. Perhaps time to learn more. United States. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. After the IPO, just over three quarters of the company’s voting power will be controlled by New Zealand billionaire Graeme Hart. Reynolds & Reynolds Co is a registered with the U.S. Security and Exchange Commission and incorporated in the state of Ohio. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.53% per year. We define Adjusted Net Income and Adjusted Earnings Per Share as Net Income and Earnings Per Share calculated in accordance with GAAP, plus the sum of IPO transaction-related costs, the impact of tax legislation changes under the CARES Act enacted March 27, 2020 and any unrealized gains or losses on derivatives. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”), today reported results for the first quarter 2020 ended March 31, 2020. As a result of increased demand related to the COVID-19 pandemic and the anticipated benefit from lower interest rates, the Company has increased its guidance on all profit measures and reduced its Net Debt target.
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