Newell Brands (NWL) Q3 2025 results showed a financial turnaround heavily influenced by prior-year non-cash charges. For the 9 months ended September 30, 2025, Net Sales fell 5.8% to $5.31B, but Net Income swung to a $30M profit (vs. a $162M loss YoY), largely due to the absence of a $260M goodwill/intangible impairment recorded in Q3 2024. Quarterly operating income significantly rebounded to $119M. However, Operating Cash Flow declined sharply to $103M.
The company executed a material debt refinancing, issuing $1.25B in 8.500% senior notes due 2028 to redeem 4.200% notes due 2026, in
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