
Reynolds Consumer Products to Report Second Quarter Financial Results on July 30, 2025
The Company's President and Chief Executive Officer, Scott Huckins, and Chief Financial Officer, Nathan Lowe, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) that same day. A link to the webcast and all related earnings materials will be available at https://investors.reynoldsconsumerproducts.com/.
About Reynolds Consumer Products Inc.
Reynolds Consumer Products is a leading provider of household essentials designed to simplify daily life, so consumers can enjoy what matters most. Found in 95% of U.S. homes, the Company offers trusted solutions for cooking, cleanup, food storage, and more. Its portfolio features iconic brands like Reynolds Wrap® aluminum foil and Hefty® trash bags and disposable tableware, along with store brand products tailored to retail partners. Reynolds holds the No. 1 or No. 2 market share in most of the categories it serves. Learn more at: investors.reynoldsconsumerproducts.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
an hour ago
- Globe and Mail
Colbert cancellation a ‘purely financial decision,' says Paramount CEO while Writers Guild calls for investigation
CBS says its decision to end Stephen Colbert's late-night comedy show is financial, not political. Yet even with the ample skepticism about that explanation, there's no denying the economics were not working in Colbert's favor. The network's bombshell announcement late Thursday that the 'Late Show' will end next May takes away President Donald Trump's most prominent TV critic and the most popular entertainment program in its genre. The television industry's declining economic health means similar hard calls are already being made with personalities and programming, with others to be faced in the future. For the late-night genre, there are unique factors to consider. As recently as 2018, broadcast networks took in an estimated US$439-million in advertising revenue for its late-night programs, according to the advertising firm Guidelines. Last year, that number dwindled to $220-million. Late-night TV was a particular draw for young men, considered the hardest-to-get and most valuable demographic for advertisers. Increasingly, these viewers are turning to streaming services, either to watch something else entirely or catch highlights of the late-night shows, which are more difficult for the networks to monetize. More broadly, the much-predicted takeover of viewers by streaming services is coming to pass. The Nielsen company reported that during the last two months, for the first time ever, more people consumed programming on services like YouTube and Netflix than on ABC, CBS and NBC or any cable network. Networks and streamers spent roughly $70-billion on entertainment shows and $30-billion for sports rights last year, said Brian Wieser, CEO of Madison & Wall, an advertising consultant and data services firm. Live sports is the most dependable magnet for viewers and costs for its rights are expected to increase eight per cent a year over the next decade. With television viewership declining in general, it's clear where savings will have to come from. Wieser said he does not know whether Colbert's show is profitable or not for CBS and parent company Paramount Global, but he knows the direction in which it is headed. 'The economics of television are weak,' he said. In a statement announcing the cancellation, George Cheeks, Paramount Global's president and chief executive officer, said that 'This is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show's performance, content or other matters happening at Paramount.' Cheeks' problem is that not everyone believes him. Colbert is a relentless critic of Mr. Trump, and earlier this week pointedly criticized Paramount's decision to settle Mr. Trump's lawsuit against CBS over a '60 Minutes' interview with Kamala Harris. He called Paramount's $16-million payment to Mr. Trump a 'big fat bribe,' since the company is seeking the administration's approval of its merger with Skydance Media. On Friday, the Writers Guild of America called for an investigation by New York's attorney general into whether Colbert's cancellation is itself a bribe, 'sacrificing free speech to curry favor with the Trump administration as the company looks for merger approval.' CBS' decision made this a pivotal week for the future of television and radio programming. Congress stripped federal funding for PBS and NPR, threatening the future of shows on those outlets. Journey Gunderson, executive director of the National Comedy Center, called the decision to end Colbert's show the end of an era. 'Late-night television has historically been one of comedy's most audience-accessible platforms — a place where commentary meets community, night after night,' Gunderson said. 'This isn't just the end of a show. It's the quiet removal of one of the few remaining platforms for daily comedic commentary. Mr. Trump, who has called in the past for CBS to terminate Colbert's contract, celebrated the show's upcoming demise. 'I absolutely love that Colbert got fired,' the president wrote on Truth Social. 'His talent was even less than his ratings.' Some experts questioned whether CBS could have explored other ways to save money on Colbert. NBC, for example, has cut costs by eliminating the band on Seth Meyers' late-night show and curtailing Jimmy Fallon's 'Tonight' show to four nights a week. Could CBS have saved more money by cutting off the show immediately, instead of letting it run until next May, which sets up an awkward 'lame duck' period? Then again, Colbert will keep working until his contract runs out; CBS would have had to keep paying him anyway. CBS recently cancelled the 'After Midnight' show that ran after Colbert. But the network had signaled earlier this year that it was prepared to continue that show until host Taylor Tomlinson decided that she wanted to leave, noted Bill Carter, author of 'The Late Shift.' 'It is a very sad day for CBS that they are getting out of the late-night race,' Andy Cohen, host of Bravo's 'Watch What Happens Live,' told The Associated Press. 'I mean, they are turning off the lights after the news.' Colbert, if he wanted to continue past next May, would likely be able to find a streaming service willing to pay him, Wieser said. But the future of late-night comedy on the entertainment networks is genuinely at risk. Mr. Trump, in fact, may outlast his fiercest comic critics. Jon Stewart, once a weeknight fixture, works one night a week at 'The Daily Show' for Paramount's Comedy Central, a network that seldom produces much original programming any more. ABC's Jimmy Kimmel, who was chided on social media by Mr. Trump on Friday — 'I hear Jimmy Kimmel is next' — has a contract that also runs out next year. Kimmel, 57, openly wondered in a Variety interview before signing his latest three-year contract extension how long he wanted to do it. He's hosted his show since 2003. 'I have moments where I go, I cannot do this anymore,' Kimmel told Variety in 2022. 'And I have moments where I go, what am I gonna do with my life if I'm not doing this anymore?' It's a very complicated thing ... I'm not going to do this forever.' Colbert, Kimmel and Stewart were all nominated for Emmy awards this week.


CTV News
an hour ago
- CTV News
CTV National News: A casualty of Trump's trade war
A three-decade-old duty-free shop in the Maritimes is blaming U.S. President Trump's trade war for its permanent closure. Sarah Plowman explains.


Globe and Mail
an hour ago
- Globe and Mail
Nexcel Closes Flow-Through Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2025) - Nexcel Metals Corp. (CSE: NEXX) (" Nexcel" or the " Company") is pleased to announce that it has closed its non-brokered private placement financing (the " FT Private Placement") of units of the Company (" FT Units") at a price of $0.50 per FT Unit for gross proceeds of $110,000. Each FT Unit consists of one common share of the Company (" FT Share") and one common share purchase warrant (" FT Warrant"). Each whole FT Warrant will entitle the holder thereof to purchase one common share at an exercise price of $0.75 for a period of 24 months from the date of issuance. Each of the FT Shares will qualify as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act"). The gross proceeds from the FT Private Placement will be used to incur "Canadian exploration expenses" on the Lac Ducharme Property in Québec which will qualify as "flow-through critical mineral mining expenditures" as those terms are defined in the Tax Act, and which the Company intends to renounce to the subscribers of the FT Private Placement. All securities issued in connection with the FT Private Placement will be subject to a statutory hold period of four months and one day from the Closing Date. As consideration for the services rendered by certain finders, the Company paid, in aggregate, a cash payment of $7,700 and issued 15,400 non-transferable common share purchase warrants (the " Broker Warrants"), with each Broker Warrant exercisable for one common share of the Company at a price of $0.50 for a period of twenty four (24) months. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Nexcel Metals Corp. Nexcel is a junior mining company engaged in the acquisition, exploration and development of mineral properties. The Company is currently focused on the Lac Ducharme Property located in the Province of Québec. Forward-Looking Statements This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact in this news release are forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the completion of the FT Private Placement; the anticipated Closing Date; the proposed use of proceeds of the FT Private Placement; the tax treatment of the FT Shares; the renouncement of applicable expenditures and the exploration and development of the Company's properties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially. Factors that could cause actual results to vary include the Company's ability to complete the FT Private Placement by the anticipated Closing Date or at all, use the proceeds of the FT Private Placement as proposed and renounce applicable expenditures; the availability of the proposed tax treatment of the FT Shares; and the risks detailed in filings with securities regulators. Forward-looking statements are made as of the date of this new release and are qualified by this cautionary statement. The Canadian Securities Exchange and the Market Regulator (as defined in the policies of the Canadian Securities Exchange) have not reviewed, approved, disapproved or accepted responsibility for the contents, adequacy or accuracy of this press release.