NEWELL BRANDS INC. (NWL)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Net sales | 1,935 | 1,566 | 1,947 | 2,033 |
Cost of products sold | 1,250 | 1,063 | 1,268 | 1,334 |
Gross profit | 685 | 503 | 679 | 699 |
Impairment of goodwill, intangibles and other assets | - | - | 260 | 6 |
Restructuring costs, net | 6 | 11 | 4 | 10 |
Selling, general and administrative expenses | 508 | 471 | 536 | 520 |
Operating income (loss) | 171 | 21 | -121 | 163 |
Interest expense, net | -82 | -72 | -75 | -78 |
Loss on extinguishment and modification of debt | -13 | - | - | - |
Other expense, net | -5 | -4 | -9 | -1 |
Loss on extinguishment and modification of debt | - | - | - | - |
Income before income taxes | 71 | -55 | -205 | 84 |
Income tax provision (benefit) | 25 | -18 | -7 | 39 |
Net income | 46 | -37 | -198 | 45 |
Derivative financial instruments | - | -5 | -1 | 7 |
Derivative financial instruments | -11 | - | - | - |
Foreign currency translation adjustments | -17 | -1 | - | - |
Pension and postretirement costs | 2 | -3 | - | - |
Total other comprehensive loss, net of tax | -30 | -3 | - | - |
Pension and postretirement costs | - | - | 3 | - |
Foreign currency translation adjustments | - | - | -2 | -35 |
Total other comprehensive income (loss), net of tax | - | - | -6 | -28 |
Total comprehensive income (loss) | 16 | -40 | -204 | 17 |
Basic (in usd per share) | 0.11 | -0.09 | -0.48 | 0.11 |
Basic weighted-average shares outstanding (in shares) | 417,800,000 | 416,800,000 | 416,000,000 | 415,200,000 |
Diluted (in usd per share) | 0.11 | -0.09 | -0.48 | 0.11 |
Diluted weighted-average shares outstanding (in shares) | 420,900,000 | 416,800,000 | 416,000,000 | 418,200,000 |