Reynolds sees growth in third quarter

LAKE FOREST - Reynolds Consumer Products Inc. said net revenue grew to $823 million in the third quarter, compared to $741 million in the prior year period. Growth was driven by strong demand across all business segments, reflecting the increased every day at-home use and the impact of new products, the company said.

Net Income increased $50 million to $113 million in the third quarter, compared to $63 million in the third quarter of last fiscal year.

Reynolds is a consumer products company with such brands as Reynolds cooking and baking products, and Hefty waste, storage and tableware products.

"Our near-term priorities remain employee health and safety, maximizing availability of our products, and continued investment in our business," said Lance Mitchell, president and chief executive officer.