Newell Brands Inc. (NWL) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Newell's global productivity plan cuts 900 roles, closes Yankee Candle stores and targets major cost savings through 2026.
Newell Brands to close 20 Yankee Candle stores and cut 900 jobs as part of an optimization plan to streamline operations and align with shopping trends.
The company, which has struggled to revive sales, said it will take up to $90 million in restructuring charges.
Newell Brands will lay off about 10% of its professional and clerical employees, or over 900 workers, as part of its ongoing cost-savings plan.
Although the revenue and EPS for Newell Brands (NWL) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Newell Brands Inc. ( NWL ) Q3 2025 Earnings Call October 31, 2025 7:30 AM EDT Company Participants Joanne Freiberger Christopher Peterson - President, CEO & Director Mark Erceg - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Bank PLC, Research Division Filippo Falorni - Citigroup Inc. Exchange Research Peter Grom - UBS Investment Bank, Research Division Andrea Teixeira - JPMorgan Chase & Co, Research Division Brian McNamara - Canaccord Genuity Corp., Research Division Olivia Tong Cheang - Raymond James & Associates, Inc., Research Division Stephen Robert Powers - Deutsche Bank AG, Research Division Presentation Operator Good morning, and welcome to Newell Brands' Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded.
Newell Brands (NWL) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.16 per share a year ago.
Newell Brands reported lower third-quarter sales and cut its full-year earnings outlook, citing higher costs and reduced demand as a result of tariffs.
NWL's Q3 results will test whether cost cuts, pricing and innovation can offset weak demand and currency headwinds.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NWL posts its eighth straight quarter of margin gains as cost cuts, automation and pricing actions fuel operating leverage.