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Home products conglomerate Newell Brands posted its first-quarter results on Friday, and investors reacted positively to a beat-and-raise performance. By the close, Newell’s share price was more than 11% higher.
Newell, which owns consumer brands including Rubbermaid, Sharpie, and Elmer’s glue, reported results before market open. For the quarter, the company earned $1.55 billion in net sales, a 1% decline versus the same quarter of 2025.
Despite the revenue decline, Newell narrowed its GAAP net loss. The company posted a net loss of $33 million, or $0.08 per share, compared with a year-ago deficit of $37 million.
Both key line items edged past consensus estimates. Analysts expected Newell to report $1.51 billion in net sales and a GAAP net loss of $0.09 per share.
Newell said the quarter reflected lower sales volumes, with inflation also a factor. The company noted these headwinds were partially offset by improved productivity and “pricing actions.”
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
