Newell Brands reported a third-quarter net loss of $81 million, or diluted EPS of negative $0.19, compared to net income of $21 million in the prior year period. The loss included a $101 million non-cash impairment charge related to an indefinite-lived tradename. On a normalized basis, the company reported net income of $86 million and diluted EPS of $0.20. Net sales increased 3.7% to $1.9 billion, marking the second consecutive quarter of year-over-year growth. The company raised its full-year 2026 net sales outlook and maintained midpoints for normalized operating margin and earnings per share. Additionally, Newell Brands issued $600 million in senior notes due 2031 to redeem existing debt and repay borrowings under a new $800 million asset-based revolving credit facility. Newell Brands is a global consumer goods company with brands including Rubbermaid, Sharpie, and Graco.
