10:51 AM EDT, 08/04/2025 (MT Newswires) -- Newell Brands' ( NWL ) recent stock selloff seems "harsh" amid a weak Q2 performance and downbeat full-year earnings guidance, RBC Capital Markets analysts wrote Monday.
The company reported Friday that net sales for the quarter ended June 30 were $1.94 billion, reflecting a core sales decline of 4.4%.
For 2025, the company expects normalized EPS between $0.66 and $0.70, down from a previous range of $0.70 to $0.76. Analysts polled by FactSet expect $0.70.
RBC noted that the company lowered its 2025 earnings guidance as they do not plan to offset the costs associated with a short-lived 125% tariff imposed on China by the US government. They note, however, that the stock sell-off that followed the guidance announcement was excessive, as the tariff-related costs are a one-time event.
The brokerage retains a sector perform rating on the stock and an $8 price target.
Price: 4.99, Change: +0.23, Percent Change: +4.73