---
schema_version: "secwatch.filing_event.v1"
accession: "0000814453-23-000143"
form_type: "8-K"
ticker: "NWL"
cik: "0000814453"
company_name: "NEWELL BRANDS INC."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:30:21.160594+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Newell Brands Q3 net sales down 9.1%, normalized EPS $0.39 vs $0.50, updates FY outlook lower

## Summary
- Q3 net sales $2.0B, down 9.1% YoY; core sales declined 9.2%.
- Reported diluted loss per share $0.53 vs $0.05 EPS prior year; normalized EPS $0.39 vs $0.50.
- FY2023 outlook: net sales $8.02B-$8.09B, normalized EPS $0.72-$0.77; OCF raised to $800M-$900M.
- Gross margin improved: reported 30.3% (up 110bps); normalized 31.3% (up 170bps).
- Year-to-date operating cash flow $679M vs outflow $567M; net debt reduced to $4.7B from $5.0B Q2.

## SEC filing metadata
- accession: 0000814453-23-000143
- form_type: 8-K
- ticker: NWL
- cik: 0000814453
- company_name: NEWELL BRANDS INC.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814453/000081445323000143/0000814453-23-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814453/000081445323000143/nwl-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000814453-23-000143
- JSON: https://secwatch.observer/filing/0000814453-23-000143.json
- Plain text: https://secwatch.observer/filing/0000814453-23-000143.txt

## Key facts
- Earnings Releases
  NEWELL BRANDS INC. reported quarter ended September 30, 2023 results: revenue $2.0 billion, net income net loss of $218 million, or $0.53 diluted loss per share, EPS $0.53 diluted loss per share. Guidance reaffirmed.
  - Period: quarter ended September 30, 2023
  - Revenue: $2.0 billion
  - Net income: net loss of $218 million, or $0.53 diluted loss per share
  - EPS: $0.53 diluted loss per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales were $2.0 billion, a 9.1 percent decline compared to the prior year period
  evidence_url: https://www.sec.gov/Archives/edgar/data/814453/000081445323000143/0000814453-23-000143-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.