---
schema_version: "secwatch.filing_event.v1"
accession: "0000814453-24-000013"
form_type: "8-K"
ticker: "NWL"
cik: "0000814453"
company_name: "NEWELL BRANDS INC."
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T05:04:15.253284+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newell Brands Q4 net sales down 9.1% to $2.1B; FY cash flow $930M; FY2024 outlook: normalized EPS $0.52-$0.62

## Summary
- Q4 net sales $2.1B, decline 9.1% YoY; core sales down 9.3%; normalized gross margin improved to 32.3% from 26.6%.
- Q4 normalized diluted EPS $0.22 vs $0.16 prior year; reported diluted loss per share $0.21 vs $0.60 loss.
- Full year operating cash flow surged $1.2B to $930M; debt reduced to $4.9B from $5.4B.
- Full year net sales $8.1B, decline 14%; net loss $388M ($0.94 loss) vs prior year net income $197M.
- Initial FY2024 outlook: net sales decline 8-5%, normalized EPS $0.52-$0.62; restructuring charges $75-90M.

## SEC filing metadata
- accession: 0000814453-24-000013
- form_type: 8-K
- ticker: NWL
- cik: 0000814453
- company_name: NEWELL BRANDS INC.
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814453/000081445324000013/0000814453-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814453/000081445324000013/nwl-20240209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000814453-24-000013
- JSON: https://secwatch.observer/filing/0000814453-24-000013.json
- Plain text: https://secwatch.observer/filing/0000814453-24-000013.txt

## Key facts
- Earnings Releases
  NEWELL BRANDS INC. reported Full Year 2023 results: net income operating cash flow increased by $1.2 billion to $930 million. Guidance initiated.
  - Period: Full Year 2023
  - Net income: operating cash flow increased by $1.2 billion to $930 million
  - Guidance: initiated
  - Result: reported results
  source text: Full year operating cash flow increased by $1.2 billion to $930 million compared with outflow of $272 million in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814453/000081445324000013/0000814453-24-000013-index.htm
- Earnings Releases
  NEWELL BRANDS INC. reported full year 2024 results: EPS $0.52 to $0.62. Guidance initiated.
  - Period: full year 2024
  - EPS: $0.52 to $0.62
  - Guidance: initiated
  - Result: guidance update
  source text: The company initiated its full year 2024 outlook for net sales decline of 8 percent to 5 percent and normalized earnings per share of $0.52 to $0.62.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814453/000081445324000013/0000814453-24-000013-index.htm
- Earnings Releases
  NEWELL BRANDS INC. reported Fourth Quarter 2023 results: revenue $2.1 billion, net income $86 million, or $0.21 diluted loss per share, EPS $0.22 normalized diluted earnings per share. Guidance initiated.
  - Period: Fourth Quarter 2023
  - Revenue: $2.1 billion
  - Net income: $86 million, or $0.21 diluted loss per share
  - EPS: $0.22 normalized diluted earnings per share
  - Guidance: initiated
  - Result: reported results
  source text: Fourth quarter net sales were $2.1 billion, a decline of 9.1 percent compared with the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814453/000081445324000013/0000814453-24-000013-index.htm
- Earnings Releases
  NEWELL BRANDS INC. updated its the quarter and year ended December 31, 2023 guidance (initiated).
  - Period: the quarter and year ended December 31, 2023
  - Guidance: initiated
  - Result: reported results
  source text: On February 9, 2024 Newell Brands Inc. (the “Company”) issued a press release including additional financial information to report the Company’s earnings for the quarter and year ended December 31, 2023, which is attached to this report as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814453/000081445324000013/0000814453-24-000013-index.htm

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