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Dec 31, 2020
Newell Brands Q4 2020 Earnings Report
Announced fourth quarter and full year 2020 financial results, showing net sales growth and normalized EPS exceeding expectations.
Key Takeaways
Newell Brands reported a 2.5% increase in net sales and a 4.9% increase in core sales for Q4 2020. The company's normalized diluted EPS was $0.56, exceeding expectations. Full year operating cash flow exceeded $1.4 billion, and the company provided initial outlook for 2021.
Net sales increased by 2.5% with core sales growing by 4.9% compared to the prior year period.
Reported operating margin was 9.2%, up from 5.0% in the prior year period.
Normalized diluted earnings per share increased to $0.56, compared to $0.42 in the prior year period.
Full year 2020 operating cash flow reached $1.4 billion, driven by progress on working capital initiatives.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company is projecting low single digit core sales growth, normalized operating margin improvement of 30 to 60 basis points, normalized diluted EPS of $1.55 to $1.65, and operating cash flow of approximately $1.0 billion for 2021.
Positive Outlook
- Low single digit core sales growth
- Normalized operating margin improvement of 30 to 60 basis points
- Normalized diluted EPS of $1.55 to $1.65
- Operating cash flow of approximately $1.0 billion
- Focus on sustaining top line growth
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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