Newell Brands Q2 net sales +3% YoY, normalized EPS $0.42 vs $0.24; raises FY guidance

NEWELL BRANDS INC.

Q2 net sales $2.0B (+3.0% YoY), core sales +2.3% YoY; first sales growth in over four years.
Normalized diluted EPS $0.42 (vs $0.24 YoY); GAAP diluted EPS $0.25 (vs $0.11).
Normalized operating margin 16.2% (vs 10.7% YoY); normalized EBITDA $406M (vs $280M).
Raised full-year 2026 normalized EPS guidance to $0.73-$0.77 (from $0.56-$0.60) and operating margin to 10.0%-10.4%.
Entered new $800M ABL credit facility, extending maturity to 2031; Q3 outlook: core sales +2-3%, normalized EPS $0.18-$0.20.

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