WASHINGTON (dpa-AFX) - While reporting financial results for the second quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) lowered its normalized earnings guidance for the full-year 2025. The company also provided outlook for the third quarter.
For fiscal 2025, the company continues to project normalized earnings in a range of $0.66 to $0.70 per share on net sales decline of 3 to 2 percent, with core sales decline of 3 to 2 percent.
Previously, the company expected normalized earnings in a range of $0.70 to $0.76 per share on net sales decline of 4 to 2 percent, with core sales decline of 3 to 1 percent.
On average, analysts polled expect the company to report earnings of $0.70 per share on revenue decline of 2.98 percent to $7.36 billion for the year. Analysts' estimates typically exclude special items.
For the third quarter, the company anticipates normalized loss in a range of $0.16 to $0.19 per share on net sales decline of 4 to 2 percent, with core sales decline of 4 to 2 percent.
The Street is looking for earnings of $0.27 per share on revenue decline of 2.27 percent to $1.90 billion for the quarter.
Included in the full year 2025 updated outlook, the Company said it is estimating an incremental cash tariff cost, compared to 2024, of approximately $155 million.
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