8/1017 sources · 7 publishersUpdated Oct 31, 18:26 UTC
Newell Brands raises full-year sales outlook after mixed third-quarter results
Newell Brands reported third-quarter net sales of $1.873B, up 3.7% year over year, while core sales increased 3.3%. The company posted a GAAP net loss of $81M but reported normalized EPS of $0.20. Newell raised its full-year 2026 sales-growth outlook to 2%-3% and forecast fourth-quarter adjusted EPS of $0.17-$0.19.
Why it matters
The higher sales outlook improves the company’s revenue trajectory, but the fourth-quarter EPS forecast was reported below analyst consensus. Shares fell after the release despite the raised sales outlook, reflecting investor concern over profitability and inflation pressure.
Key facts
- 1Third-quarter net sales were $1.873B, an increase of 3.7% year over year. tradingview.com
- 2Third-quarter core sales grew 3.3% year over year. stocktitan.net
- 3Newell reported a third-quarter GAAP net loss of $81M and normalized EPS of $0.20. tradingview.com
- 4The company raised its full-year 2026 sales-growth outlook to 2%-3%. rttnews.com
- 5Newell forecast fourth-quarter adjusted EPS of $0.17-$0.19 and full-year adjusted EPS of $0.74-$0.76. investing.com
Open questions
- reports normalized EPS of $0.05, while reports normalized EPS of $0.20 for the same quarter.
- reports third-quarter sales of $2.6 billion, which conflicts with the $1.873B figure reported.
Summary written by AlphAI AI Desk from 17 of 17 sources. Not investment advice. Figures are as stated by the linked sources.