)
Newell Brands (NWL) investor relations material
Newell Brands Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q3 2025 declined 7% year-over-year to $1.81 billion, driven by lower retailer inventory, international market slowdowns, and aggressive tariff-related pricing actions not matched by competitors.
Operating income improved to $119 million from a prior-year loss of $121 million, aided by the absence of $260 million in non-cash impairment charges and restructuring savings.
Net income was $21 million, compared to a net loss of $198 million in the prior year quarter.
Management remains confident in the turnaround strategy, citing strong innovation pipelines, expected net distribution gains, and a focus on margin expansion and deleveraging.
Strategic actions included sourcing changes, pricing adjustments, and productivity initiatives to offset tariff impacts and inventory reductions.
Financial highlights
Q3 2025 net sales: $1.81 billion (down 7% year-over-year); core sales down 7.4%.
Gross margin declined to 34.1% from 34.9%; normalized gross margin was 34.5%, down 90 bps, but would have expanded by 40 bps excluding one-time China tariffs.
Operating margin improved to 6.6% from -6.2% prior year; normalized operating margin was 8.9%, down 60 bps, but would have expanded by 80 bps to 10.3% excluding China tariffs.
Net income was $21 million; normalized net income was $70 million, up from $69 million; diluted EPS was $0.05, normalized diluted EPS was $0.17.
Year-to-date operating cash flow was $103 million, down from $346 million last year, impacted by higher tariffs and bonus payouts.
Outlook and guidance
Q4 2025 net sales expected to decline 4%-1%, core sales to decline 5%-3%, with sequential improvement anticipated.
Full-year 2025 net sales expected to decline 5%-4.5%, core sales 5%-4%.
Normalized operating margin for 2025 projected at 8.4%-8.6%; normalized EPS range $0.56-$0.60, including $0.23 per share in tariff headwinds.
Full-year operating cash flow guidance updated to $250-$300 million, reflecting $180 million in incremental cash tariff impacts.
2026 outlook: significant improvement in operating cash flow, lower CapEx, and improved working capital as tariff effects normalize.
Next Newell Brands earnings date
Next Newell Brands earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)