Newell Brands Shares Surge Over 38% After Strong Q2 Earnings Report
Shares of Newell Brands (NWL) surged as much as 38.7% on Friday morning following the company's second-quarter earnings report, which showed better-than-expected results and an upward revision to full-year guidance. The consumer products firm reported adjusted earnings per share of $0.42 against a consensus estimate of $0.19, with revenue rising 3% year-over-year to $2 billion — marking its first sales growth in over four years. However, much of the beat was attributed to one-time tariff recoveries totaling approximately $0.17 per share from 2025 and early 2026 refunds. After adjusting for these non-recurring items, core operating performance still exceeded expectations but by a narrower margin than initially suggested. Management raised its full-year EPS guidance range to between $0.73 and $0.77. Despite the initial enthusiasm from investors cooling slightly later in the day, analysts noted positive underlying trends such as 2.3% growth in core sales across five of six business units and a rebound in U.S. operations since the post-pandemic period.
Tickers: $NWL