---
schema_version: "secwatch.filing_event.v1"
accession: "0000814453-24-000053"
form_type: "8-K"
ticker: "NWL"
cik: "0000814453"
company_name: "NEWELL BRANDS INC."
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:58:31.619635+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newell Brands Q1 net loss narrows to $9M; margins expand; affirms FY2024 outlook

## Summary
- Net sales $1.7B, down 8.4% YoY; core sales down 4.7% (sequential improvement).
- Reported gross margin 30.5% (up 380bps); normalized operating margin 4.6% (up 220bps).
- Normalized diluted EPS $0.00 vs -$0.06; operating cash flow $32M vs -$77M.
- Outdoor & Recreation segment weak: sales -25.6% YoY, core sales decline 20.3%.
- FY2024 outlook affirmed: net sales decline 8%-5%, normalized EPS $0.52-$0.62.

## SEC filing metadata
- accession: 0000814453-24-000053
- form_type: 8-K
- ticker: NWL
- cik: 0000814453
- company_name: NEWELL BRANDS INC.
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/814453/000081445324000053/0000814453-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814453/000081445324000053/nwl-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000814453-24-000053
- JSON: https://secwatch.observer/filing/0000814453-24-000053.json
- Plain text: https://secwatch.observer/filing/0000814453-24-000053.txt

## Key facts
- Earnings Releases
  NEWELL BRANDS INC. reported first quarter 2024 results: revenue $1.7 billion, net income $9 million, EPS $0.02. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $1.7 billion
  - Net income: $9 million
  - EPS: $0.02
  - Guidance: reaffirmed
  - Result: reported results
  source text: due to the seasonality of the business. With a stronger than anticipated start to the year we remain confident in our full year outlook." Executive Summary – Net sales were $1.7 billion, a decline of 8.4 percent compared with the prior year period. Core sales declined 4.7 percent compared with the prior year period. – Reported gross margin increased to 30.5
  evidence_url: https://www.sec.gov/Archives/edgar/data/814453/000081445324000053/0000814453-24-000053-index.htm

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