Reynolds Consumer Products Inc. (REYN) Q4 2022 Earnings Call Transcript

Reynolds Consumer Products Inc. (NASDAQ:REYN) Q4 2022 Earnings Conference Call February 8, 2023 8:00 AM ET

Company Participants

Mark Swartzberg – Investor Relations

Lance Mitchell – President and Chief Executive Officer

Michael Graham – Chief Financial Officer

Conference Call Participants

Lauren Lieberman – Barclays

Jason English – Goldman Sachs

Kaumil Gajrawala – Credit Suisse

Tristen Chau – Stifel

Peter Grom – UBS

Rob Ottenstein – Evercore ISI

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Reynolds Consumer Products Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised, that today’s call is being recorded.

I would now like to hand the conference over to your speaker today, Mark Swartzberg. Thank you. Please go ahead.

Mark Swartzberg

Thank you, operator. Good morning everyone, and thank you for joining us on Reynolds Consumer Products fourth quarter and fiscal year 2022 earnings conference call. Please note that this call is being simultaneously webcast on the Investor Relations section of the company’s corporate website at reynoldsconsumerproducts.com. Our earnings press release and accompanying presentation slides are also available on the website.

With me on the call today are, Lance Mitchell, our President and Chief Executive Officer; and Michael Graham, our Chief Financial Officer. For our agenda this morning, Lance will focus his remarks on market performance and the Reynolds cooking and baking recovery plans, as well as discussion of our performance drivers, while Michael will review our fourth quarter and full-year financials, as well as our 2023 outlook. Following prepared remarks, we will open the call for questions.

Before we begin, I would like to provide a few reminders. First, this morning’s discussion may contain forward-looking statements based on current expectations and beliefs. These

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