Net Sales Dip 7.2% for Newell Brands in Q3 2025

Net sales dipped 7.2% to $1.8 billion for Newell Brands, compared to the prior-year quarter, in Q3 2025.

Core sales declined 7.4% and gross margin decreased to 34.1% compared with 34.9% in the prior-year period.

“Our turnaround continues to advance, even as Newell and the broader industry navigated significant trade disruptions in the third quarter,” said CEO Chris Peterson. “Our team responded swiftly with strategic measures including sourcing changes, pricing actions, and productivity initiatives to mitigate the impact. Sales were affected by reduced retail inventory levels, softness in international markets—particularly in Brazil—and moderated demand following tariff driven pricing actions. We believe the retailer inventory adjustment was a one-time event, as tariff-related inventory values were absorbed and retailer delivery preferences shifted away from direct import. Looking ahead, we expect our international business to return to growth in the fourth quarter.”

Operating Segment Results

The Home & Commercial Solutions segment generated net sales of $942 million compared with $1.0 billion in the prior year period, reflecting a core sales decline of 9.8%, as well as the impact of favorable foreign exchange. Operating income was $40 million, or 4.2% of sales, compared with operating loss of $94 million, or negative 9.0% of sales, in the prior year period. Normalized operating income was $64 million, or 6.8% of sales, compared with $122 million, or 11.7% of sales, in the prior year period.

Outlook

Newell Brands is estimating an incremental cash tariff cost, compared to 2024, of approximately $180 million. Of this, the gross profit impact, prior to mitigating actions in 2025, is estimated to be approximately $115 million, or $0.23 per share after tax, compared to 2024.