Newell Brands Raises Full-Year 2026 Outlook Following Strong First Quarter

Newell Brands, Inc. (NWL) has revised its financial guidance upward for the remainder of the 2026 fiscal year, citing an over-delivery in the first quarter and optimistic sales projections for the balance of the year. The company's updated outlook reflects a positive shift in both earnings and sales growth expectations, signaling improved operational momentum. For the second quarter, the company anticipates normalized earnings in a range of $0.16 to $0.19 per share, with net sales and core sales growth projected between 0% and 2%. For the full fiscal year 2026, Newell Brands now projects normalized earnings between $0.56 and $0.60 per share, an increase from the previous range of $0.54 to $0.60. Net sales growth is now expected to be between 0% and 2%, compared to the previous estimate of -1% to 1%. Core sales are projected to range from a 1% decline to 1% growth, improving from the prior forecast of -2% to 0%. Management noted that these projections do not include any potential refund of the $120 million paid for IEEPA tariffs in 2025. Following the announcement, shares of NWL rose 2.21% to $4.17 in pre-market trading on the Nasdaq.