Newell Brands (NWL) Tops Q4 EPS by 5c, Guidance Misses

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Go back to Newell Brands (NWL) Tops Q4 EPS by 5c, Guidance Misses

Newell Brands Announces Fourth Quarter and Full Year 2022 Results

February 10, 2023 7:03 AM EST

Q4 Net Sales Decline 18.5%; Core Sales Decline 9.4%
Q4 Diluted Loss Per Share $0.60 Including Impairment Charges
Normalized Diluted EPS $0.16
Provides Initial Outlook for Full Year 2023

ATLANTA--(BUSINESS WIRE)-- Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2022 financial results.

"Fourth quarter results were in line with our expectations and brought to a close a difficult second half. The business continued to be impacted by a tough operating environment, including slowing consumer demand for general merchandise categories, as well as inventory reductions at... More