By Nicholas G. Miller
Newell Brands reported lower fourth-quarter sales after previously saying that its price hikes were drawing resistance from customers.
The company posted a widened loss of $315 million, or 75 cents a share, compared with a loss of $54 million, or 13 cents a share, the year prior.
Adjusted earnings were 18 cents a share, in line with analysts' expectations, according to FactSet.
Sales fell 2.7% to $1.9 billion. Wall Street expected $1.88 billion.
The company guided for 2026 net sales to be down 1% to up 1% and adjusted earnings to be between 54 cents and 60 cents a share. Analysts see 2026 adjusted earnings of 58 cents a share.
The company said in October last year that it had implemented price increases across a range of its segments to offset tariffs but that competitors hadn't followed suit, leading to lower sales.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
February 06, 2026 06:19 ET (11:19 GMT)
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