NASDAQ$NWL
Newell Brands Inc. · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong top and bottom line results driven by strategic vision and agile execution.
Newell Brands reported strong Q2 2021 results with net sales of $2.7 billion, a 28.3% increase compared to the prior year period. Diluted EPS was $0.46, and normalized diluted EPS was $0.56. The company updated its full year 2021 outlook, expecting core sales to increase 7 to 10 percent.
- Net sales increased by 28.3% to $2.7 billion compared to the prior year.
- Core sales grew by 25.4% compared to the prior year, with growth in every business unit and major region.
- Reported operating margin was 11.3%, an increase from 7.7% in the prior year period.
- Normalized diluted earnings per share were $0.56, compared to $0.30 in the prior year period.
Headline financials
Revenue & EPS history
Newell Brands · Revenue · Quarterly
$2.71B
Revenue by segment
Newell Brands · $1.3B total across 2 segments · Q2 2021
- Learning & Dev$844M+33.8%65.1%
- Outdoor & Rec$453M+28.3%34.9%
Forward guidance
The company updated its full year outlook for 2021 and initiated its third quarter 2021 guidance.
Tailwinds
- Full year net sales outlook raised to $10.1 billion to $10.35 billion from $9.9 billion to $10.1 billion.
- Core sales are expected to grow by 7% to 10%.
- Operating cash flow is projected to be approximately $1.0 billion.
- Q3 2021 Net Sales are expected to be $2.7 to $2.78 billion
- Q3 2021 Core Sales are expected to grow flat to 3%
Headwinds
- Normalized operating margin for the full year is expected to be ~11.1%.
- Full year normalized earnings per share outlook remains unchanged at $1.63 to $1.73.
- Q3 2021 Normalized Operating Margin is expected to be 10.3% to 10.8%
- Q3 2021 Normalized EPS is expected to be $0.46 to $0.50
- The company anticipates facing short-term challenges surrounding extraordinary inflationary and supply chain pressures.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.1%
Avg return
Earnings day
-0.4%
Avg return
5 days after
-3.0%
Avg return
30 days after
50%
34 / 68 earnings
Positive
+38.8%
Q2 2024
Best reaction
-31.3%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.5% | +13.2% | -16.9% | |
| Q4 2025 | +2.4% | -0.2% | -6.2% | |
| Q3 2025 | -31.3% | -31.8% | -22.7% | |
| Q1 2025 | -7.5% | -1.4% | +2.5% | |
| Q4 2024 | -26.4% | -26.8% | -30.3% | |
| Q3 2024 | +32.7% | +24.9% | +27.0% | |
| Q2 2024 | +38.8% | +35.5% | +16.7% | |
| Q1 2024 | +16.0% | +11.7% | +13.3% | |
| Q4 2023 | -13.7% | -9.9% | -7.0% | |
| Q3 2023 | -5.1% | -10.4% | +1.4% | |
| Q2 2023 | +8.9% | +6.9% | +0.0% | |
| Q1 2023 | -9.0% | -15.7% | -26.5% | |
| Q4 2022 | +1.1% | +2.8% | -16.2% | |
| Q3 2022 | -11.9% | -17.9% | -14.8% | |
| Q2 2022 | -2.0% | -4.3% | -5.5% | |
| Q1 2022 | -2.6% | +1.1% | -5.0% | |
| Q4 2021 | +13.5% | +18.4% | -1.7% | |
| Q3 2021 | +8.2% | +10.7% | +3.2% | |
| Q2 2021 | -8.7% | -8.8% | -6.2% | |
| Q1 2021 | +3.0% | +5.1% | +6.3% | |
| Q4 2020 | -8.7% | -7.6% | -2.5% | |
| Q3 2020 | +12.4% | +12.2% | +25.3% | |
| Q2 2020 | -7.5% | -5.4% | -8.5% | |
| Q1 2020 | -10.7% | -15.8% | -5.3% | |
| Q4 2019 | +2.6% | +0.2% | -32.1% | |
| Q3 2019 | +10.0% | +6.1% | +1.3% | |
| Q2 2019 | +12.4% | +20.1% | +23.6% | |
| Q1 2019 | +9.1% | +6.0% | -8.4% | |
| Q4 2018 | -21.6% | -20.9% | -28.3% | |
| Q3 2018 | +20.7% | +21.9% | +41.4% | |
| Q2 2018 | -18.4% | -21.6% | -17.7% | |
| Q1 2018 | +3.3% | +1.0% | -13.4% | |
| Q4 2017 | -0.9% | -2.9% | +3.7% | |
| Q3 2017 | -25.0% | -25.2% | -23.1% | |
| Q2 2017 | -2.4% | -3.5% | -6.9% | |
| Q1 2017 | +14.0% | +13.6% | +14.1% | |
| Q4 2016 | -2.9% | +0.2% | +4.0% | |
| Q3 2016 | -4.3% | -5.1% | -3.5% | |
| Q2 2016 | +9.3% | +8.3% | +9.1% | |
| Q1 2016 | +8.7% | — | — | |
| Q4 2015 | +4.0% | — | — | |
| Q3 2015 | +1.0% | — | — | |
| Q2 2015 | +1.6% | — | — | |
| Q1 2015 | +2.8% | — | — | |
| Q4 2014 | -1.1% | — | — | |
| Q3 2014 | -2.6% | — | — | |
| Q2 2014 | +2.7% | — | — | |
| Q1 2014 | -4.2% | — | — | |
| Q4 2013 | -0.5% | — | — | |
| Q3 2013 | +2.7% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | +0.4% | — | — | |
| Q4 2012 | -0.7% | — | — | |
| Q3 2012 | +2.7% | — | — | |
| Q2 2012 | +0.5% | — | — | |
| Q1 2012 | +1.3% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q3 2011 | +1.1% | — | — | |
| Q2 2011 | -8.1% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q4 2008 | -1.7% | — | — | |
| Q4 2010 | -1.7% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q3 2009 | -1.4% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q2 2009 | +0.8% | — | — | |
| Q2 2010 | +0.8% | — | — |
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