Earnings Releases·Oct 30, 2026, 7:01 AM ET

Newell Brands — Third Quarter 2026 Earnings Summary

Reported net loss of $81 million ($0.19 diluted loss per share) versus prior year net income of $21 million, driven by a $101 million non-cash impairment charge; normalized net income rose to $86 million ($0.20 EPS) and normalized operating margin expanded to 9.8%.
Raised full-year 2026 net sales guidance to 2%–3% growth (previously 1%–2%) and core sales to 1%–2% (previously flat to 1%), while maintaining normalized operating margin (10.0%–10.4%) and EPS ($0.74–$0.76) outlooks.
Revised full-year operating cash flow guidance to approximately $150 million due to accounting treatment of defined benefit plan terminations and lower receivables factoring proceeds; initiated Q4 2026 sales outlook of 1%–3% growth.
Executed capital management actions including a new $800 million asset-based credit facility extending to 2031 and issuance of $600 million senior notes to redeem 2027 debt; management targets reducing total debt and factoring by a couple hundred million dollars in 2026.
Home & Commercial Solutions drove segment growth with 6.0% core sales increase, while Outdoor & Recreation declined 7.7%; management cites broad-based growth offset by inflation, soft global demand, and elevated interest rates.