{"schema_version":"secwatch.filing_event.v1","accession":"0000814453-23-000066","form_type":"8-K","ticker":"NWL","cik":"0000814453","company_name":"NEWELL BRANDS INC.","filed_at":"2023-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.338960+00:00","generated_at":"2026-06-16T07:09:33.933401+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Newell Brands Q1 net sales down 24% to $1.8B, normalized EPS -$0.06, FY at low end","bullets":["Net sales $1.8B (-24.4% YoY); core sales -18%; reported diluted loss $0.25; normalized diluted loss $0.06.","All segments declined: Home & Commercial core sales -18.8%, Learning & Dev -10.8%, Outdoor & Rec -27.4%.","Project Phoenix: $36M restructuring charges in Q1; expects $100-130M total; $18M savings in Q1.","Full year 2023 reaffirmed: net sales $8.4-8.6B, normalized EPS $0.95-1.08, but now expects low end.","Operating cash outflow improved to -$77M from -$272M YoY; inventory down ~$150M."],"urls":{"canonical":"https://secwatch.observer/filing/0000814453-23-000066","json":"https://secwatch.observer/filing/0000814453-23-000066.json","markdown":"https://secwatch.observer/filing/0000814453-23-000066.md","text":"https://secwatch.observer/filing/0000814453-23-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814453/000081445323000066/0000814453-23-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814453/000081445323000066/nwl-20230428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T07:09:33.933401+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d5e5631e0472e874ad19a25317e617dca78bf521","claim":"NEWELL BRANDS INC. updated its first quarter 2023 guidance (reaffirmed).","evidence_excerpt":"On April 28, 2023 Newell Brands Inc. (the “Company”) issued a press release including additional financial information to report the Company’s earnings for the quarter ended March 31, 2023, which is attached to this report as Exhibit 99.1.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814453/000081445323000066/0000814453-23-000066-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}