| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.0K | 28.7% | 3.0% |
| Total Income | 2.0K | 28.7% | 3.0% |
| Expenditure | 1.7K | 12.9% | 3.0% |
| PBT | 195.00 | 419.7% | 174.7% |
| Net Profit | 106.00 | 421.2% | 130.4% |
| OPM | 14.19% | 12.00pp | 5.36pp |
| NPM | 5.32% | 7.45pp | 2.94pp |
| EPS | 0.25 | 412.5% | 127.3% |
Newell Brands Announces Q2 2026 Results, Returns to Sales Growth and Raises Full Year Outlook
31 Jul 2026 · 31 Jul, 4:46 pm
Summary
Newell Brands announced its second quarter 2026 financial results, reporting a return to year-over-year growth in net sales and core sales for the first time in over four years. Net sales reached $2.0 billion, a 3.0% increase, with core sales up 2.3%. The company saw significant improvements in margins, with gross margin rising to 40.7% and operating margin to 14.2%. Normalized net income more than doubled to $180 million from $101 million in the prior year. Based on this performance and improving trends, Newell Brands has raised its full-year 2026 outlook across key financial metrics.
Key Highlights
- 1
Newell Brands returned to year-over-year growth in both net sales and core sales in the second quarter of 2026, marking an important milestone in its turnaround.
- 2
Second quarter 2026 net sales were $2.0 billion, an increase of 3.0% compared with the prior year period, with core sales growing 2.3%.
- 3
Gross margin increased to 40.7% compared with 35.4% in the prior year period, and normalized gross margin rose to 40.8% from 35.6%.
- 4
Operating margin improved to 14.2% compared with 8.8% in the prior year period, with normalized operating margin increasing to 16.2% from 10.7%.
- 5
Net income was $106 million compared with $46 million in the prior year period, and normalized net income was $180 million compared with $101 million.
- 6
Normalized diluted EPS was $0.42 for the second quarter of 2026, up from $0.24 in the prior year period.
- 7
The company raised its full year 2026 outlook across all key metrics, including net sales, core sales, normalized operating margin, and normalized earnings per share.
Management Comments
Chris Peterson
Newell Brands returned to year-over-year growth in both net sales and core sales in the second quarter, marking an important milestone in our turnaround. The improvement was broad-based across the portfolio and reflects stronger innovation, higher levels of advertising and promotional support and vastly improved go-to-market capabilities we have built over the past several years. These investments have strengthened the capabilities required to win in our industry and established a solid foundation upon which, we believe, profitable growth can be achieved and sustained in the years ahead.
Mark Erceg
Second quarter results were above our expectations across all key financial metrics as stronger sales, gross productivity and disciplined overhead management more than offset higher-than-anticipated commodity and transportation costs. Based on our second quarter performance, including the IEEPA tariff refund P&L benefit we recorded during the quarter and the cash refund we expect to receive during the second half of the year, and improving top line trends we are raising our full-year outlook for net and core sales growth, normalized operating margin, normalized earnings per share and operating cash flow.
Informational and educational content only. Not investment advice.