Newell Brands backs FY25 normalized EPS view 70c-76c, consensus 70c

Backs FY25 revenue view down 2%-4%. Sees FY25 normalized operating margin 9%-9.5%. Mark Erceg, Newell Brands (NWL) CFO said, “A series of swift interventions including targeted pricing actions, incremental cost reduction efforts, and rapid sourcing decisions in conjunction with our first quarter bottom-line over delivery gives us confidence we can fully offset the U.S. tariffs and foreign retaliatory tariffs currently in place, other than the additional 125% U.S. tariffs on China, and maintain our original 2025 full year net sales, operating margin and EPS guidance ranges. We have also conducted a sensitivity analysis, and if the additional 125% China tariff remains in effect for the full year Newell Brands’ 2025 normalized EPS could be negatively impacted by as much as $0.10 after the implementation of additional mitigating actions.”