Newell Brands Swings to Q1 Normalized Loss, Sales Fall; Q2 Normalized EPS Outlook Issued

MT Newswires Live
30 Apr

Newell Brands (NWL) swung to a Q1 normalized loss Wednesday of $0.01 per diluted share from breakeven a year earlier.

Analysts polled by FactSet expected a loss of $0.06.

Net sales for the quarter ended March 31 were $1.57 billion, down from $1.65 billion a year earlier.

Analysts surveyed by FactSet expected $1.54 billion.

The company said it expects Q2 normalized EPS in the range of $0.21 to $0.24. Analysts polled by FactSet expect $0.32.

Newell Brands also said it continues to expect full-year 2025 normalized EPS in the range of $0.70 to $0.76. Analysts surveyed by FactSet expect $0.68.

Newell's stock was down 2.3% in recent Wednesday premarket activity.

Price: 5.05, Change: -0.12, Percent Change: -2.32

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