Newell Brands (NWL) Tops Q3 EPS by 6c, Offers Guidance

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Go back to Newell Brands (NWL) Tops Q3 EPS by 6c, Offers Guidance

Newell Brands Announces Third Quarter 2022 Results

October 28, 2022 7:00 AM EDT

Net Sales Decline 19.2%; Core Sales Decline 10.8%
Diluted EPS $0.07; Normalized Diluted EPS $0.53
Strengthens Financial Flexibility
Updates Outlook for Full Year 2022

ATLANTA--(BUSINESS WIRE)-- Newell Brands (NASDAQ: NWL) today announced its third quarter 2022 financial results.

"Following strong performance over the first half of the year, results decelerated in Q3, reflecting a tough operating environment as many retailers rightsized their inventory positions, inflationary pressure on both the consumer and our business, as well as the impact of a stronger dollar, said Ravi Saligram, Newell Brands CEO. We expect... More