Newell Brands Inc. (NWL) Earnings
Newell Brands Inc. is expected to report next earnings on August 7, 2026 (in NaN days), with a consensus EPS estimate of $0.19. NWL has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise +9.7% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 1, 2026 | $-0.09 | $-0.05 | +44.4% | $1.5B | +2.4% |
| Feb 6, 2026 | $0.18 | $0.18 | +0.0% | $1.9B | +25.3% |
| Oct 31, 2025 | $0.18 | $0.17 | -5.6% | $1.8B | -3.9% |
| Aug 1, 2025 | $0.24 | $0.24 | +0.0% | $1.9B | -0.6% |
| Apr 30, 2025 | $-0.07 | $-0.01 | +85.7% | $1.6B | -20.3% |
| Feb 7, 2025 | $0.14 | $0.16 | +14.3% | $1.9B | +22.8% |
| Oct 25, 2024 | $0.16 | $0.16 | +0.0% | $1.9B | -1.2% |
| Jul 26, 2024 | $0.21 | $0.36 | +71.4% | $2.0B | -0.6% |
| Apr 26, 2024 | $-0.07 | $-0.02 | +69.0% | $1.7B | +0.7% |
| Feb 9, 2024 | $0.17 | $0.22 | +29.4% | $2.1B | +5.0% |
| Oct 27, 2023 | $0.23 | $0.39 | +69.6% | $2.0B | -3.3% |
| Jul 28, 2023 | $0.13 | $0.24 | +84.6% | $2.2B | +2.4% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 1, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Good morning, everyone, and welcome to our first quarter earnings call. We had a strong start to the year with Q1 results ahead of expectations across all key financial metrics. All three segments delivered core sales growth above plan. First, better than expected consumer demand for products driven by improving point of sale and market share trends related to innovation and higher levels of advertising and promotion support. Second, a net pricing benefit related to customer programs due to better claims experience and improved deduction management. Currently, we see an additional approximately $50 million of commodity and transportation inflation versus our original plan. The tariff environment is very fluid, with the current tariff regime a help versus going in expectations. We will actively pursue tariff refunds related to approximately $120 million of IEPA tariffs paid in 2025. Consumer spending in categories declined slightly better than expected in Q1, and we're assuming a 1.5% category decline for the full year and predicting a return to top line growth in the second quarter. We're raising our full-year outlook for net sales, core sales, and normalized earnings per share.
Guidance
We are raising our full year estimates for net sales, core sales, and normalized earnings per share. Specifically, net sales are now expected to be between flat and positive 2% compared with previous expectation of negative 1 to positive 1%, and core sales are now expected to be between negative 1 and positive 1% compared with prior expectation of negative 2% to flat. The outlook for normalized operating margin remains unchanged at 8.6% to 9.2%. For the second quarter of 2026, we expect both net and core sales to be flat up 2% behind consumer-relevant innovation, net distribution gains, and higher levels of A&P support. Normalized operating margin is projected to be between 9.6% and 10.2%, and normalized diluted earnings per share is projected to be in the range of $0.16 to $0.19.
Segment performance
Learning and development was the strongest part of the portfolio in the quarter. The segment returned to core sales growth led by baby, which grew 4.9% in the first quarter, supported by strong consumer demand, positive POS trends, innovation, and share gains. Both home and commercial and outdoor and recreation exceeded plan and improved sequentially.
Risks & headwinds
Currently, we see an additional approximately $50 million of commodity and transportation inflation versus our original plan. The tariff environment clearly remains very fluid with various tariff changes and uncertainties. There are remaining uncertainties regarding the potential IEPA tariff refunds as of March 31st, including the appeals process and implementation of the refund process itself.
Analyst Q&A
Q: Lauren Liverman with Barclays asked about category growth outlook and Yankee Candle shelf set.
A: Chris said category growth was at negative 1% year to date, which was a factor in raising core sales growth guidance. On Yankee Candle, shelf set took longer than expected but is now in good shape.
Q: Andrea Teixeira with JP Morgan asked about pricing strategy and Q2 inflection drivers.
A: Chris said they made pricing adjustments on Rubbermaid and baby businesses, and Q2 inflection drivers include strong POS trends, innovation response, distribution wins, and international business expected to be stronger in Q2.
Q: Olivia Tong with Raymond James asked about Q2 EPS guide and domestic manufacturing.
A: Mark said Q2 EPS guide is affected by tariff impacts, commodity increase, and A&P investment. Chris talked about domestic manufacturing automation and ability to scale up to compensate for supply disruption