Newell Brands Inc. reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was USD 1,949 million compared to USD 2,076 million a year ago. Net loss was USD 54 million compared to USD 86 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.21 a year ago. For the full year, sales was USD 7,582 million compared to USD 8,133 million a year ago. Net loss was USD 216 million compared to USD 388 million a year ago. Basic loss per share from continuing operations was USD 0.52 compared to USD 0.94 a year ago. Diluted loss per share from continuing operations was USD 0.52 compared to USD 0.94 a year ago.
Newell Brands is a Georgia-based holding company that owns and sells such brands as Coleman, Marmot, PaperMate& Parker pens Oster, Sunbeam, Yankee Candle and Rubbermaid.