Newell Brands shares surged up to 13.2% to $4.62, hitting a two‑month high after raising its sales outlook.
Full‑year net sales forecast upgraded to flat‑to‑2% growth, replacing prior expectation of a 1% decline to 1% gain.
Normalized EPS guidance low end lifted to $0.56‑$0.60 from $0.54‑$0.60, while Q1 beat sales and narrowed loss.
CEO Chris Peterson cited strong consumer demand despite a challenging macro environment and noted a $5 million impact per $5 oil price move.