Newell Brands Q1 2026 Earnings Release
Newell Brands reported its first quarter 2026 financial results, with performance exceeding expectations across key metrics. The company saw a slight year-over-year decline in net sales to $1.5 billion, a decrease of 1.1%, and a 3.5% drop in core sales. However, gross margin improved to 33.1% and operating margin increased to 2.2%. The net loss for the quarter was $33 million, an improvement from the $37 million loss in the prior year period. Normalized diluted loss per share was $0.05. The company raised its full-year 2026 outlook for net sales, core sales, and normalized earnings per share, anticipating a return to top-line growth in the second quarter. Key segment results showed mixed performance, with Learning & Development outperforming.