Newell Brands (NWL) Upbeat on Outlook, Climbs 11.5%

Newell Brands Inc. (NASDAQ:NWL) is one of the 10 Stocks With Remarkable Gains.

Newell Brands saw its share prices jump by 11.52 percent on Friday to finish at $4.55 apiece, as investors cheered a higher growth outlook for full-year 2026.

In an updated report, the company said that it now expects net sales to either grow by 2 percent or finish flat year-on-year, versus the previous guidance of a 1 percent uptick or a 1 percent dip.

The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels

Core sales are also targeted to either inch up or decrease by 1 percent in the same comparable period, better than the previous outlook of a 2-percent decline or flat growth.

The outlook followed the company’s earnings performance in the first quarter of the year, with net loss narrowing by 10.8 percent to $33 million from $37 million in the same period last year. Net sales, however, declined by 1.1 percent to $1.549 billion from $1.566 billion.

“First quarter results came in ahead of plan across all key metrics, with all three segments delivering core sales above our expectations. Higher than expected consumer demand for our products, as evidenced by improving point of sale and share trends, was driven by continued investment in innovation, advertising, and promotional support. We also experienced better-than-expected underlying category dynamics despite the continued existence of a challenging macroeconomic backdrop,” said Newell Brands Inc. (NASDAQ:NWL) President and CEO Christ Peterson.

“We continue to believe that our strategy is working and, importantly, we now expect to return to top-line growth in the second quarter,” he noted.

For the second quarter, both net sales and core sales are targeted to either grow by 2 percent or remain unchanged year-on-year.

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