Newell Brands (NWL) Tops Q2 EPS by 11c; Offers FY23 Guidance

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Newell Brands Announces Second Quarter 2023 Results

July 28, 2023 7:00 AM EDT

Net Sales Decline 13%; Core Sales Decline 12%
Diluted EPS $0.04; Normalized Diluted EPS $0.24
Operating Cash Flow Improves Significantly Versus Prior Year
Updates Outlook for Full Year 2023

ATLANTA--(BUSINESS WIRE)-- Newell Brands (NASDAQ: NWL) today announced its second quarter 2023 financial results.

Chris Peterson, Newell Brands President and Chief Executive Officer, said, "Since my appointment two months ago we have created and deployed a new corporate strategy based on a comprehensive company wide capability assessment. Building on the solid operational foundation we have already put in place, we are now focused on... More