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BUZZ-Newell shares reverse course after co expects international segment to turn positive in Q2

Reuters
Feb 06
BUZZ-Newell shares reverse course after co expects international segment to turn positive in <a href="https://laohu8.com/S/QTWO">Q2</a>

Updates

** Shares of Sharpie maker Newell Brands NWL.O shed premarket losses, last up ~1% at $4.54 in morning trade

** Co expects international segment, which represents 40% of total company sales, to turn positive in second quarter

** Cuts prices at its Rubbermaid brand and on some baby-care items such as car seats, a spokesperson tells Reuters

** NWL pegs its tariff hit this year at $130 million, compared with $174 million in 2025

** Quarterly revenue of $1.90 billion, beat estimates of $1.88 billion - data compiled by LSEG

** Co forecasts annual adj. earnings per share below analysts' estimates

** Expects FY26 normalized EPS in the range of 54 cents to 60 cents vs analysts' estimates of 60 cents

** Shares down ~63% in 2025

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))

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