What To Expect From Reynolds’s (REYN) Q4 Earnings

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how household products stocks fared in Q3, starting with Central Garden & Pet .

Household products stocks are generally stable investments, as many of the industry's products are essential for a comfortable and functional living space. Recently, there's been a growing emphasis on eco-friendly and sustainable offerings, reflecting the evolving consumer preferences for environmentally conscious options. These trends can be double-edged swords that benefit companies who innovate quickly to take advantage of them and hurt companies that don't invest enough to meet consumers where they want to be with regards to trends.

The 10 household products stocks we track reported a satisfactory Q3. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was 1% above.

While some household products stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.2% since the latest earnings results.

Best Q3: Central Garden & Pet

Enhancing the lives of both pets and homeowners, Central Garden & Pet is a leading producer and distributor of essential products for pet care, lawn and garden maintenance, and pest control.

Central Garden & Pet reported revenues of $678.2 million, up 1.3% year on year. This print exceeded analysts’ expectations by 3.9%. Overall, it was an exceptional quarter for the company with a beat of analysts’ EPS and adjusted operating income estimates.

"This was a record year on the bottom line, marked by continued margin expansion and disciplined execution of our Cost and Simplicity agenda," said Niko Lahanas, CEO of Central Garden & Pet.

Interestingly, the stock is up 1.7% since reporting and currently trades at $31.97.

Clorox

Founded in 1913 with bleach as the sole product offering, Clorox today is a consumer products giant whose product portfolio spans everything from bleach to skincare to salad dressing to kitty litter.

Clorox reported revenues of $1.43 billion, down 18.9% year on year, outperforming analysts’ expectations by 2%. The business had a strong quarter with a solid beat of analysts’ EBITDA estimates and a decent beat of analysts’ revenue estimates.

Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 7.5% since reporting. It currently trades at $100.95.

Weakest Q3: Energizer

Masterminds behind the viral Energizer Bunny mascot, Energizer is one of the world's largest manufacturers of batteries.

Energizer reported revenues of $832.8 million, up 3.4% year on year, exceeding analysts’ expectations by 0.8%. Still, it was a softer quarter as it posted EPS guidance for next quarter missing analysts’ expectations and a miss of analysts’ gross margin estimates.

As expected, the stock is down 16.3% since the results and currently trades at $19.97.

Read our full analysis of Energizer’s results here.

Spectrum Brands

A leader in multiple consumer product categories, Spectrum Brands is a diversified company with a portfolio of trusted brands spanning home appliances, garden care, personal care, and pet care.

Spectrum Brands reported revenues of $733.5 million, down 5.2% year on year. This print missed analysts’ expectations by 1.1%. Zooming out, it was a mixed quarter as it also recorded a beat of analysts’ EPS estimates but a miss of analysts’ gross margin estimates.

Spectrum Brands had the weakest performance against analyst estimates among its peers. The stock is up 12.8% since reporting and currently trades at $60.04.

Read our full, actionable report on Spectrum Brands here, it’s free for active Edge members.

Reynolds

Best known for its aluminum foil, Reynolds is a household products company whose products focus on food storage, cooking, and waste.

Reynolds reported revenues of $931 million, up 2.3% year on year. This result surpassed analysts’ expectations by 3.4%. It was a strong quarter as it also logged revenue guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ organic revenue estimates.

The stock is down 2.7% since reporting and currently trades at $23.06.

Read our full, actionable report on Reynolds here, it’s free for active Edge members.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how household products stocks fared in Q3, starting with Church & Dwight .

Household products stocks are generally stable investments, as many of the industry's products are essential for a comfortable and functional living space. Recently, there's been a growing emphasis on eco-friendly and sustainable offerings, reflecting the evolving consumer preferences for environmentally conscious options. These trends can be double-edged swords that benefit companies who innovate quickly to take advantage of them and hurt companies that don't invest enough to meet consumers where they want to be with regards to trends.

The 10 household products stocks we track reported a satisfactory Q3. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was 1% above.

While some household products stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2% since the latest earnings results.

Church & Dwight

Best known for its Arm & Hammer baking soda, Church & Dwight is a household and personal care products company with a vast portfolio that spans laundry detergent to toothbrushes to hair removal creams.

Church & Dwight reported revenues of $1.59 billion, up 5% year on year. This print exceeded analysts’ expectations by 3.3%. Overall, it was a strong quarter for the company with a solid beat of analysts’ EBITDA estimates and a solid beat of analysts’ revenue estimates.

Rick Dierker, Chief Executive Officer, commented, “In a challenging environment, we are pleased to deliver another quarter of strong results. We continue to drive both dollar and volume share gains across most of our brands. Our balanced portfolio of value and premium products and our relentless focus on innovation continue to position us well for the future. We also were encouraged with our first quarter of ownership of TOUCHLAND, as our results exceeded our initial expectations.

Church & Dwight scored the fastest revenue growth of the whole group. Unsurprisingly, the stock is up 4.3% since reporting and currently trades at $85.36.

Best Q3: Central Garden & Pet

Enhancing the lives of both pets and homeowners, Central Garden & Pet is a leading producer and distributor of essential products for pet care, lawn and garden maintenance, and pest control.

Central Garden & Pet reported revenues of $678.2 million, up 1.3% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

The market seems content with the results as the stock is up 4% since reporting. It currently trades at $32.68.

Weakest Q3: Energizer

Masterminds behind the viral Energizer Bunny mascot, Energizer is one of the world's largest manufacturers of batteries.

Energizer reported revenues of $832.8 million, up 3.4% year on year, exceeding analysts’ expectations by 0.8%. Still, it was a softer quarter as it posted EPS guidance for next quarter missing analysts’ expectations significantly and a miss of analysts’ gross margin estimates.

As expected, the stock is down 16.5% since the results and currently trades at $19.92.

Read our full analysis of Energizer’s results here.

Clorox

Founded in 1913 with bleach as the sole product offering, Clorox today is a consumer products giant whose product portfolio spans everything from bleach to skincare to salad dressing to kitty litter.

Clorox reported revenues of $1.43 billion, down 18.9% year on year. This number topped analysts’ expectations by 2%. Overall, it was a strong quarter as it also produced an impressive beat of analysts’ EBITDA estimates and a decent beat of analysts’ revenue estimates.

Clorox had the slowest revenue growth among its peers. The stock is down 9.8% since reporting and currently trades at $98.47.

Read our full, actionable report on Clorox here, it’s free for active Edge members.

Reynolds

Best known for its aluminum foil, Reynolds is a household products company whose products focus on food storage, cooking, and waste.

Reynolds reported revenues of $931 million, up 2.3% year on year. This result beat analysts’ expectations by 3.4%. It was a strong quarter as it also logged revenue guidance for next quarter exceeding analysts’ expectations and a solid beat of analysts’ organic revenue estimates.

The stock is down 1.7% since reporting and currently trades at $23.29.

Read our full, actionable report on Reynolds here, it’s free for active Edge members.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the household products industry, including Reynolds and its peers.

Household products stocks are generally stable investments, as many of the industry's products are essential for a comfortable and functional living space. Recently, there's been a growing emphasis on eco-friendly and sustainable offerings, reflecting the evolving consumer preferences for environmentally conscious options. These trends can be double-edged swords that benefit companies who innovate quickly to take advantage of them and hurt companies that don't invest enough to meet consumers where they want to be with regards to trends.

The 10 household products stocks we track reported a satisfactory Q3. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was 1% above.

While some household products stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.5% since the latest earnings results.

Reynolds

Best known for its aluminum foil, Reynolds is a household products company whose products focus on food storage, cooking, and waste.

Reynolds reported revenues of $931 million, up 2.3% year on year. This print exceeded analysts’ expectations by 3.4%. Overall, it was a strong quarter for the company with revenue guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ organic revenue estimates.

“Our people, brands and products are winning in a challenging environment, with all four business units delivering improved results driven by share gains in the majority of our categories,” said Scott Huckins, President and Chief Executive Officer.

Interestingly, the stock is up 2.1% since reporting and currently trades at $24.18.

Best Q3: Central Garden & Pet

Enhancing the lives of both pets and homeowners, Central Garden & Pet is a leading producer and distributor of essential products for pet care, lawn and garden maintenance, and pest control.

Central Garden & Pet reported revenues of $678.2 million, up 1.3% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

The market seems content with the results as the stock is up 3.9% since reporting. It currently trades at $32.65.

Weakest Q3: Energizer

Masterminds behind the viral Energizer Bunny mascot, Energizer is one of the world's largest manufacturers of batteries.

Energizer reported revenues of $832.8 million, up 3.4% year on year, exceeding analysts’ expectations by 0.8%. Still, it was a softer quarter as it posted EPS guidance for next quarter missing analysts’ expectations significantly and a miss of analysts’ gross margin estimates.

As expected, the stock is down 15.3% since the results and currently trades at $20.20.

Read our full analysis of Energizer’s results here.

Kimberly-Clark

Originally founded as a Wisconsin paper mill in 1872, Kimberly-Clark (NYSE:KMB) is now a household products powerhouse known for personal care and tissue products.

Kimberly-Clark reported revenues of $4.15 billion, flat year on year. This print met analysts’ expectations. Aside from that, it was a satisfactory quarter as it also produced a decent beat of analysts’ EBITDA estimates but gross margin in line with analysts’ estimates.

The stock is down 13% since reporting and currently trades at $101.50.

Read our full, actionable report on Kimberly-Clark here, it’s free for active Edge members.

Clorox

Founded in 1913 with bleach as the sole product offering, Clorox today is a consumer products giant whose product portfolio spans everything from bleach to skincare to salad dressing to kitty litter.

Clorox reported revenues of $1.43 billion, down 18.9% year on year. This result topped analysts’ expectations by 2%. Overall, it was a strong quarter as it also logged an impressive beat of analysts’ EBITDA estimates and a decent beat of analysts’ revenue estimates.

Clorox had the slowest revenue growth among its peers. The stock is down 8.7% since reporting and currently trades at $99.70.

Read our full, actionable report on Clorox here, it’s free for active Edge members.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the household products stocks, including Kimberly-Clark and its peers.

Household products stocks are generally stable investments, as many of the industry's products are essential for a comfortable and functional living space. Recently, there's been a growing emphasis on eco-friendly and sustainable offerings, reflecting the evolving consumer preferences for environmentally conscious options. These trends can be double-edged swords that benefit companies who innovate quickly to take advantage of them and hurt companies that don't invest enough to meet consumers where they want to be with regards to trends.

The 10 household products stocks we track reported a satisfactory Q3. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was 1% above.

While some household products stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.1% since the latest earnings results.

Kimberly-Clark

Originally founded as a Wisconsin paper mill in 1872, Kimberly-Clark (NYSE:KMB) is now a household products powerhouse known for personal care and tissue products.

Kimberly-Clark reported revenues of $4.15 billion, flat year on year. This print was in line with analysts’ expectations, and overall, it was a satisfactory quarter for the company with a decent beat of analysts’ EBITDA estimates but gross margin in line with analysts’ estimates.

"The operating environment remains dynamic, but we continue to execute our strategy with discipline and excellence as we play to win," said Kimberly-Clark Chairman and CEO, Mike Hsu.

Unsurprisingly, the stock is down 11.6% since reporting and currently trades at $103.15.

Is now the time to buy Kimberly-Clark? Access our full analysis of the earnings results here, it’s free for active Edge members.

Best Q3: Central Garden & Pet

Enhancing the lives of both pets and homeowners, Central Garden & Pet is a leading producer and distributor of essential products for pet care, lawn and garden maintenance, and pest control.

Central Garden & Pet reported revenues of $678.2 million, up 1.3% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

The market seems happy with the results as the stock is up 8.1% since reporting. It currently trades at $33.98.

Is now the time to buy Central Garden & Pet? Access our full analysis of the earnings results here, it’s free for active Edge members.

Weakest Q3: Energizer

Masterminds behind the viral Energizer Bunny mascot, Energizer is one of the world's largest manufacturers of batteries.

Energizer reported revenues of $832.8 million, up 3.4% year on year, exceeding analysts’ expectations by 0.8%. Still, it was a softer quarter as it posted EPS guidance for next quarter missing analysts’ expectations significantly and a miss of analysts’ gross margin estimates.

As expected, the stock is down 20.5% since the results and currently trades at $18.96.

Read our full analysis of Energizer’s results here.

Clorox

Founded in 1913 with bleach as the sole product offering, Clorox today is a consumer products giant whose product portfolio spans everything from bleach to skincare to salad dressing to kitty litter.

Clorox reported revenues of $1.43 billion, down 18.9% year on year. This number beat analysts’ expectations by 2%. It was a strong quarter as it also logged an impressive beat of analysts’ EBITDA estimates and a decent beat of analysts’ revenue estimates.

Clorox had the slowest revenue growth among its peers. The stock is down 5.4% since reporting and currently trades at $103.20.

Read our full, actionable report on Clorox here, it’s free for active Edge members.

Reynolds

Best known for its aluminum foil, Reynolds is a household products company whose products focus on food storage, cooking, and waste.

Reynolds reported revenues of $931 million, up 2.3% year on year. This result topped analysts’ expectations by 3.4%. Overall, it was a strong quarter as it also put up revenue guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ organic revenue estimates.

The stock is up 2.8% since reporting and currently trades at $24.36.

Read our full, actionable report on Reynolds here, it’s free for active Edge members.

Even though Reynolds (currently trading at $24.60 per share) has gained 7.3% over the last six months, it has lagged the S&P 500’s 21.3% return during that period. This might have investors contemplating their next move.

Is there a buying opportunity in Reynolds, or does it present a risk to your portfolio? Dive into our full research report to see our analyst team’s opinion, it’s free for active Edge members.

Why Do We Think Reynolds Will Underperform?

We don't have much confidence in Reynolds. Here are three reasons why REYN doesn't excite us and a stock we'd rather own.

1. Demand Slipping as Sales Volumes Decline

Revenue growth can be broken down into changes in price and volume (the number of units sold). While both are important, volume is the lifeblood of a successful staples business as there’s a ceiling to what consumers will pay for everyday goods; they can always trade down to non-branded products if the branded versions are too expensive.

Reynolds’s average quarterly sales volumes have shrunk by 1.6% over the last two years. This decrease isn’t ideal because the quantity demanded for consumer staples products is typically stable.

2. Projected Revenue Growth Shows Limited Upside

Forecasted revenues by Wall Street analysts signal a company’s potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite.

Over the next 12 months, sell-side analysts expect Reynolds’s revenue to stall, close to This projection is underwhelming and implies its newer products will not catalyze better top-line performance yet.

3. Free Cash Flow Margin Dropping

Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king.

As you can see below, Reynolds’s margin dropped by 4.5 percentage points over the last year. This decrease warrants extra caution because Reynolds failed to grow its revenue organically. Its cash profitability could decay further if it tries to reignite growth through investments.

Final Judgment

Reynolds doesn’t pass our quality test. With its shares lagging the market recently, the stock trades at 14.5× forward P/E (or $24.60 per share). While this valuation is reasonable, we don’t see a big opportunity at the moment. There are superior stocks to buy right now. Let us point you toward our favorite semiconductor picks and shovels play.

Stocks We Like More Than Reynolds

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Reynolds reported third quarter results that surpassed Wall Street’s expectations, with management crediting broad-based market share gains and execution on cost discipline as key drivers. CEO Scott Huckins highlighted that retail share increased across multiple product lines, including Hefty Waste Bags and Reynolds Wrap, which benefited from improved pricing and a narrower price gap versus store brands. Management also pointed to advancements in manufacturing productivity and supply chain efficiency, noting, “We are operating with increased agility, outperforming our categories and driving improved financial results.”

Is now the time to buy REYN? Find out in our full research report (it’s free for active Edge members).

Reynolds (REYN) Q3 CY2025 Highlights:

• Revenue: $931 million vs analyst estimates of $900.8 million (2.3% year-on-year growth, 3.4% beat)
• Adjusted EPS: $0.42 vs analyst estimates of $0.39 (6.8% beat)
• Adjusted EBITDA: $168 million vs analyst estimates of $165 million (18% margin, 1.8% beat)
• Revenue Guidance for Q4 CY2025 is $1.05 billion at the midpoint, above analyst estimates of $989.7 million
• Management raised its full-year Adjusted EPS guidance to $1.62 at the midpoint, a 2.9% increase
• EBITDA guidance for the full year is $660 million at the midpoint, above analyst estimates of $653.5 million
• Operating Margin: 13.2%, down from 15.2% in the same quarter last year
• Organic Revenue rose 2% year on year vs analyst estimates of 1.1% declines (308.7 basis point beat)
• Sales Volumes fell 2% year on year (0% in the same quarter last year)
• Market Capitalization: $5.17 billion

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Reynolds’s Q3 Earnings Call

• Robert Ottenstein (Evercore ISI) asked about holiday season promotional intensity and consumer affordability. CEO Scott Huckins explained that promotional activity is steady with pre-pandemic levels, and the company is prepared to serve both value-focused and brand-loyal consumers.

• Kaumil Gajrawala (Jefferies) inquired about the strategic impact of new leadership hires. Huckins stated that the addition of a Chief Commercial Officer and Chief Operations Officer directly supports innovation, revenue management, and cost reduction initiatives.

• Lauren Lieberman (Barclays) questioned the outlook for the tableware business amid volume declines. Huckins clarified that foam headwinds drove most of the decline but expressed confidence that these headwinds would lessen next year, with profitability improving despite lower volumes.

• Andrea Teixeira (JPMorgan Chase) sought detail on promotional strategy and distribution gains for Hefty. Huckins emphasized that innovation and high supply chain fill rates drive growth more than promotion, with scented waste bags and private label offerings both performing well.

• Peter Grom (UBS) asked if the effectiveness of promotions has changed. Huckins said that Reynolds is focused on optimizing promotional spend through revenue growth management tools but has not seen a structural change in trade effectiveness.

Catalysts in Upcoming Quarters

In the coming quarters, the StockStory team will be closely monitoring (1) the pace and sustainability of retail share gains in Reynolds’ core categories, (2) the impact of automation and lean initiatives on margins and cost structure, and (3) how successfully the management team navigates retailer dynamics and private label bidding amid inflation and tariffs. Execution on new product launches and the ability to manage input cost volatility will also be important signposts for ongoing performance.

Reynolds currently trades at $24.64, up from $23.72 just before the earnings. At this price, is it a buy or sell? Find out in our full research report (it’s free for active Edge members).

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Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return).

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.