Newell Brands Inc. · NASDAQ:NWL
Newell Brands — Q1 2026 Earnings Presentation
29 slides from Newell Brands's earnings presentation, May 1, 2026
Slide 1: Investor Presentation Q1 2026
Investor Presentation Q1 2026
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Some of the statements in this presentation and its exhibits, particularly those anticipating future financial performance, business prospects, growth, operating strategies, future macroeconomic conditions and similar matters, are forward-looking statements within the mean
Slide 3: NWL Key Messages
NWL KEY MESSAGES The turnaround is delivering sustained margin improvement 1 (Productivity and simplification driving profitability) The business is approaching a topline inflection 2 (Innovation and distribution momentum building) Structural changes, capability investments and AI enablement have 3
Slide 4: Q1 Performance Supports Improved 2026 Outlook
Q1 Performance Supports Improved 2026 Outlook Results exceeded expectations across key metrics Q1 Ahead of Expectations Net sales, core sales, normalized operating margin and normalized EPS exceeded guidance, supported by stronger demand and improved execution as well as a net pricing benefit from c
Slide 5: Newell at a Glance – A Simplified and Focused Portfolio
NEWELL AT A GLANCE – A SIMPLIFIED AND FOCUSED PORTFOLIO $7.2B $881M 25 10 39% ~22K Net sales Normalized1 brands countries international employees EBITDA ~90% of net sales ~90% of net sales sales Top 10 Brands Top 10 International Markets UK Canada France Japan Mexico Brazil Germany Australia Italy S
Slide 6: A Diverse Portfolio with Global Reach
A DIVERSE PORTFOLIO WITH FY 2025 SEGMENT NET SALES FY 2025 REGIONAL NET SALES GLOBAL Outdoor & REACH Recreation 10% LATAM 11% Home & EMEA 17% Commercial Solutions 52% Learning & APAC Development 7% 37% Canada United States 4% 61% Totals may not add due to rounding © Newell Brands Slide 6
Slide 7: A Clear Strategy Is Driving Focused Execution
A CLEAR STRATEGY IS DRIVING FOCUSED EXECUTION © Newell Brands 7
Slide 8: Sustained Margin Expansion
SUSTAINED MARGIN EXPANSION Normalized gross and operating margins have expanded meaningfully over the past 2 years Normalized Operating Margin 1 Normalized Gross Margin 1 8.2% 8.4% 34.1% 34.2% 6.1% 29.5% FY'23 FY'24 FY'25 FY'23 FY'24 FY'25 +230 bps +470 bps FY’23 – FY’25 FY’23 – FY’25 2025 tariff im
Slide 9: Structural Actions Driving Margin Expansion
STRUCTURAL ACTIONS DRIVING MARGIN EXPANSION Plant Network & FUEL Productivity Pricing & RGM ~$2B invested in tariff-advantaged manufacturing and automation, with Disciplined pricing and trade actions ~57% of US sales made in US/USMCA mitigating tariff impacts facilities Procurement Distribution & Tr
Slide 10: Attractive Marginal Economics on Internal Production
ATTRACTIVE MARGINAL ECONOMICS ON INTERNAL PRODUCTION Automated manufacturing network drives strong incremental margins on internally produced volume ~50% 34.2% ~45% 8.4% Normalized GM% Normalized OM% Normalized GM% Normalized OM% 2025 1 Margin on Incremental Sales Volume recovery in internally produ
Slide 11: Core Sales Trends Reflect Progress Toward an Inflection
CORE SALES TRENDS REFLECT PROGRESS TOWARD AN INFLECTION Core Sales Growth Y/Y 1 Flat Innovation: Tier 1 and Tier 2 innovation planned in all -3.4% -4.6% business units in 2026 -12.1% Distribution & Go-to-Market: Net distribution expected to turn positive in 2026 for the first time in over a decade 3
Slide 12: Innovation at Scale Across the Portfolio
INNOVATION AT SCALE ACROSS THE PORTFOLIO *Leakproof and Insulated Rigid Coolers made from hard plastic such as PP (Polypropylene) or PE ( Polyethylene) Tier 1 and Tier 2 innovation planned across all business units in 2026 © Newell Brands 12
Slide 13: Retail Execution Driving Distribution Gains
RETAIL EXECUTION DRIVING DISTRIBUTION GAINS Incremental POS achieved for category and NWL June 2024 2026 4 Doors 3,500 locations (2,700 with signage) © Newell Brands 13
Slide 14: Broader Product Line Supports Distribution Gains
BROADER PRODUCT LINE SUPPORTS DISTRIBUTION GAINS $22.98 $199.99 Tariff Advantaged Manufacturing © Newell Brands 14
Slide 15: AI Operationalized Across the Business
AI OPERATIONALIZED ACROSS THE BUSINESS TO ACCELERATE PROFITABLE TOP-LINE GROWTH AI Steering Committee is CEO & executive-sponsored, cross-functional, with top technologists Workflow redesigns are driving productivity, improving outcomes and accelerating cycle time 33 AI Navigators providing embedded
Slide 16: Strong Cash Generation Supports Deleveraging Over Time
STRONG CASH GENERATION SUPPORTS DELEVERAGING OVER TIME Cash Generation & Capital Discipline Net Leverage Ratio 1 • 2026 Operating Cash Flow expected to 6.5x improve meaningfully vs 2025 1 ✓ Normalized EBITDA growth 4.9x 5.1x ✓ Lower cash taxes ✓ Lower cash bonus payout 2.5x ✓ Shorter cash conversion
Slide 17: Q1 2026 Results Snapshot
Q1 2026 RESULTS SNAPSHOT Net Sales $1.5B (-1.1%) Core Sales Growth 1 (-3.5%) Normalized Gross Margin 1 +70 bps Normalized Operating Margin 1 +30 bps Normalized EPS 1 ($0.05) • Core sales exceeded expectations, driven by stronger category performance and consumer demand, along with a net pricing bene
Slide 18: Committed to Profitable Growth and Strong Cash Flow
WE ARE COMMITTED TO PROFITABLE GROWTH AND STRONG CASH FLOW Long-Term Evergreen Financial Annual Targets 50 bps Operating Low Single-Digit ~90% FCF Margin Core Sales Growth Productivity Improvement 1 Capital Allocation Strategy Fund high return De-lever to 2.5x Target 30% to 35% internal growth inves
Slide 19: Why Newell Brands Now
WHY NEWELL BRANDS NOW A stronger, more capable Newell — positioned to grow & create value Capabilities Rebuilt: Simplified, AI-enabled platform with strong domestic manufacturing Commercial Momentum: Innovation at scale, improving distribution, increased A&P support Disciplined Financial Algorithm:
Slide 20: © Newell Brands 20
© Newell Brands 20
Slide 21: Appendix
Appendix © Newell Brands 21
Slide 22: Non-GAAP Information
NON-GAAP INFORMATION This presentation and the accompanying remarks contain non-GAAP financial measures within the meaning of Regulation G promulgated by the U.S. Securities and Exchange Commission (the "SEC") and includes a reconciliation of non-GAAP financial measures to the most directly comparab
Slide 23: Reconciliation of GAAP and Non-GAAP Information (Unaudited)
Reconciliation of GAAP and Non-GAAP Information (Unaudited) © Newell Brands 23
Slide 24: Reconciliation of GAAP and Non-GAAP Information (Unaudited)
Reconciliation of GAAP and Non-GAAP Information (Unaudited) © Newell Brands 24
Slide 25: Reconciliation of GAAP and Non-GAAP Information (Unaudited)
Reconciliation of GAAP and Non-GAAP Information (Unaudited) © Newell Brands 25
Slide 26: Reconciliation of GAAP and Non-GAAP Information (Unaudited)
Reconciliation of GAAP and Non-GAAP Information (Unaudited) © Newell Brands 26
Slide 27: Reconciliation of GAAP and Non-GAAP Information (Unaudited)
Reconciliation of GAAP and Non-GAAP Information (Unaudited) © Newell Brands 27
Slide 28: Reconciliation of GAAP and Non-GAAP Information (Unaudited)
Reconciliation of GAAP and Non-GAAP Information (Unaudited) © Newell Brands 28
Slide 29: © Newell Brands 29
© Newell Brands 29