Quarterly ResultJul 31, 2026, 07:16 AM
Newell Brands Q2 Net Sales +3.0% to $2.0B; Raises Full Year Outlook
AI Summary
Newell Brands reported strong second quarter 2026 results, with net sales increasing 3.0% to $2.0 billion and core sales growing 2.3%, marking the first sales growth in over four years. The company exceeded expectations across all key metrics, including a significant rise in normalized diluted EPS to $0.42. Based on this performance and tariff recoveries, Newell Brands raised its full-year 2026 outlook for sales, operating margin, EPS, and operating cash flow. Additionally, the company entered into a new $800 million asset-based revolving credit facility, extending maturity to 2031.
Key Highlights
- Net sales increased 3.0% to $2.0 billion in Q2 2026.
- Core sales grew 2.3% in Q2 2026, marking the first growth in over four years.
- Normalized diluted EPS rose to $0.42 in Q2 2026 from $0.24 in the prior year period.
- Normalized operating margin improved to 16.2% from 10.7% in the prior year period.
- Full-year 2026 normalized EPS outlook raised to $0.73-$0.77 from $0.56-$0.60.
- Full-year 2026 net sales outlook raised to 1%-2% from Flat-2%.
- Learning & Development segment net sales grew 5.2% to $851 million.
- New $800 million asset-based revolving credit facility secured, extending maturity to 2031.
Price Impact
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