Newell Brands Sees Flat-to-Down Sales and EPS Guidance of $0.54–0.60 for 2026
Newell Brands reported Q4 normalized EPS of $0.18 and revenue of $1.9 billion, slightly above the $1.88 billion consensus while core sales fell 4.1% year-over-year. For fiscal 2026, the company forecast normalized EPS of $0.54–$0.60, net sales to decline 1% to grow 1%, and core sales down up to 2%, with Q1 loss guidance of $0.08–$0.12 per share.
1. Q4 Financial Results
Newell Brands delivered normalized earnings per share of $0.18, matching estimates, and reported revenue of $1.9 billion versus the $1.88 billion consensus. However, core sales declined 4.1% year-over-year, reflecting persistent volume pressures across key segments.
2. Margin Improvement Initiatives
The company achieved a normalized operating margin of 8.7% in Q4, up from 7.1% a year earlier, driven by benefits from ongoing restructuring actions and productivity programs aimed at reducing costs and optimizing the supply chain.
3. 2026 Full-Year Outlook
For fiscal 2026, Newell Brands projects normalized EPS of $0.54 to $0.60, with the midpoint aligning at $0.58 per share. Net sales are expected to range from a 1% decline to 1% growth, while core sales are forecast to contract up to 2% or remain flat.
4. First-Quarter 2026 Guidance
The company signaled a weak start to the year, forecasting a normalized loss of $0.08 to $0.12 per share in Q1 2026. This cautious near-term outlook underlines ongoing demand challenges and sets a lower bar for early-year performance.