Markets NWL

Newell Brands Boosts FY26 Outlook - Update

(RTTNews) - While reporting financial results for the first quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) provided its normalized earnings and sales growth guidance for the second quarter and raised its outlook for the full-year 2026, based on our first quarter over-delivery and projected sales growth over the balance of the year.

For the second quarter, the company anticipates normalized earnings in a range of $0.16 to $0.19 per share on net sales and core sales growth of 0 to 2 percent.

For fiscal 2025, the company now projects normalized earnings in a range of $0.56 to $0.60 per share on net sales growth of 0 to 2 percent, with core sales between a decline of 1 and a growth of 1 percent.

Previously, the company expected normalized earnings in a range of $0.54 to $0.60 per share on net sales between a decline of 1 and a growth of 1 percent, with core sales decline of 2 to 0 percent.

The Company said the outlook does not include any refund of the $120 million paid for IEEPA tariffs in 2025.

In Friday's pre-market trading, NWL is trading on the Nasdaq at $4.17, up $0.09 or 2.21 percent.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available