The earnings call reflected a strong focus on strategic improvements, margin expansion, and innovation, with some concerns about core sales decline and macroeconomic challenges. The company's successful debt management and tariff mitigation strategies are positive aspects, while the cautious outlook for Q1 2025 reflects ongoing uncertainties.

Company Guidance

In the Newell Brands Inc. fourth quarter and full year 2024 earnings call, the company provided preliminary financial guidance for 2025, highlighting a focus on returning to top-line growth, with an expected core sales range between -2% and +1%. The company aims to achieve a normalized operating margin between 9% and 9.5%, representing a 110 basis point improvement from 2024. Newell Brands anticipates $450 million to $500 million in operating cash flow, driven by high single-digit reductions in the cash conversion cycle. The leadership emphasized structural improvements in gross margin, which grew 460 basis points to 34.1% in 2024, and a significant reduction in leverage ratio to 4.9 times, facilitated by substantial debt reduction. The call also addressed ongoing tariff mitigation strategies, with exposure to Chinese imports expected to fall below 10% of the total cost of goods sold by year-end.

Core Sales Growth Improvement

Core sales trends improved across all six business units, with three turning positive, driven by innovation in the baby, writing, and commercial businesses.

Margin Expansion

Normalized gross margin improved by 460 basis points to 34.1% for the full year compared with 2023. Normalized operating margin improved by 210 basis points to 8.2%.

Record Operating Cash Flow

Generated nearly $500 million in operating cash flow, allowing a reduction in debt and a reduction in the leverage ratio to 4.9 times.

Successful Tariff Mitigation

Reduced dependence on China sourcing, with imports from China accounting for only 15% of the company's total cost of goods sold, expected to decrease to less than 10% by year-end.

Innovation and Product Launches

Significant product launches planned for 2025 across various segments, including baby, writing, kitchen, and home fragrance.

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Newell Brands (NWL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NWL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 25, 2025	2025 (Q1)	-0.06 / -	0	―	―	―
Feb 07, 2025	2024 (Q4)	0.14 / 0.16	0.22	-27.27% (-0.06)	―
Oct 25, 2024	2024 (Q3)	0.16 / 0.16	0.39	-58.97% (-0.23)	―
Jul 26, 2024	2024 (Q2)	0.21 / 0.36	0.24	50.00% (+0.12)	―
Apr 26, 2024	2024 (Q1)	-0.07 / 0.00	-0.06	―	―
Feb 09, 2024	2023 (Q4)	0.17 / 0.22	0.16	37.50% (+0.06)	―
Oct 27, 2023	2023 (Q3)	0.23 / 0.39	0.53	-26.42% (-0.14)	―
Jul 28, 2023	2023 (Q2)	0.13 / 0.24	0.57	-57.89% (-0.33)	―
Apr 28, 2023	2023 (Q1)	-0.03 / -0.06	0.36	-116.67% (-0.42)	―
Feb 10, 2023	2022 (Q4)	0.11 / 0.16	0.42	-61.90% (-0.26)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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NWL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 07, 2025	$9.69	$7.13	-26.42%
Oct 25, 2024	$7.13	$8.67	+21.60%
Jul 26, 2024	$6.23	$8.76	+40.61%
Apr 26, 2024	$6.76	$7.59	+12.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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