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ATLANTA–(BUSINESS WIRE)–Newell Brands Inc. (NYSE: NWL) appear its added division 2016 banking after-effects today.

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“We are admiring to address a absolute acceptable quarter, our aboriginal as Newell Brands. Our after-effects benefited from the aggregate with Jarden and able top band advance in a cardinal of key businesses, including Writing, Baby, Food & Beverage, Yankee Candle and Appliances,” said Newell Brands Chief Executive Officer Michael Polk. “Increased advance in consumer-driven accession and announcement and advance helped drive broad-based bazaar allotment assets on our cardinal businesses and in our antecedence geographies. Gross allowance and operating banknote breeze were on plan, and we accept we are able-bodied positioned to accomplish our abounding year banking outlook.

“We are authoritative acceptable advance on the affiliation of the bequest Newell Rubbermaid and Jarden businesses. A cardinal of assignment streams are in abounding flight and we are assured in our affairs to bear both the accumulation associated with Action Renewal and the $500 actor in amount synergies accepted over the abutting four years accompanying to the Jarden transaction. Importantly, the cardinal assay analytical to re-shaping our priorities and advance choices is able-bodied underway. This assignment has added our aplomb in our abeyant to consistently bear arch levels of amount conception for our shareholders and has acute our action about the approaching of Newell Brands.”

Added Division 2016 Operating After-effects

Net sales added 147.2 percent to $3.86 billion, compared with $1.56 billion in the above-mentioned year, abundantly due to the admittance of $2.22 billion in net sales from the acquired Jarden business.

Amount sales grew 5.0 percent. (As of April 15, 2016, Newell Brands amount sales accommodate pro forma amount sales associated with the Jarden transaction as if the aggregate occurred April 15, 2015.) Amount sales exclude a abrogating 130 abject point appulse from adopted bill and a net absolute 1,600 abject point accession from acquisitions, divestitures and the December 31, 2015 deconsolidation of the company’s Venezuelan operations.

Appear gross allowance was 28.4 percent compared with 39.8 percent in the above-mentioned year, abundantly the aftereffect of a $333.7 actor allegation for the account accession accompanying to the Jarden transaction.

Normalized gross allowance was 37.2 percent compared with 40.0 percent in the above-mentioned year. The abrogating mix aftereffect from the Jarden accretion and the deconsolidation of Venezuela, as able-bodied as the appulse of adverse adopted currency, were partially account by the allowances of abundance and pricing.

Appear operating assets was $137.7 actor compared with $214.7 actor in the above-mentioned year. Appear operating allowance was 3.6 percent of sales compared with 13.8 percent of sales in the above-mentioned year. In accession to the factors cited in the account of gross margin, appear operating allowance was abnormally impacted by transaction accompanying costs, acquisition-related acquittal costs and costs associated with the affiliation of the bequest Newell Rubbermaid and Jarden businesses.

Normalized operating assets was $607.9 actor compared with $249.4 actor in the above-mentioned year. Normalized operating allowance decreased 20 abject credibility to 15.8 percent of sales as the abrogating mix aftereffect from the Jarden acquisition, the appulse of added announcement and advance and abrogating adopted bill was partially account by Action Renewal savings, amount synergies and the absolute mix aftereffect of able Writing growth.

The appear tax amount for the division was 20.3 percent, compared with 22.7 percent in the above-mentioned year. The normalized tax amount was 29.2 percent, compared with 24.5 percent in the above-mentioned year, a absorption of the admittance of the Jarden business with its historically college tax amount and the geographic mix aftereffect of able U.S. achievement beyond the absolute portfolio.

Appear net assets was $135.2 actor compared with $148.5 actor in the above-mentioned year. Appear adulterated balance per allotment were $0.30 compared with $0.55 in the above-mentioned year. The abatement was abundantly attributable to the assets accompanying to the acquired Jarden businesses, able assets advance on the bequest Newell Rubbermaid businesses and a $161.0 actor accretion on the auction of the Décor business, account by concoction from a college allotment adding and costs accompanying to the Jarden transaction, including account step-up, added acquittal of intangibles, and added absorption and added expenses.

Normalized net assets was $349.2 actor compared with $174.5 actor in the above-mentioned year. Normalized adulterated balance per allotment added 21.9 percent to $0.78 compared with $0.64 in the above-mentioned year. The advance was apprenticed by able sales growth, the accession from the Jarden and Elmer’s acquisitions and Action Renewal savings, partially account by an access in announcement and advance support, abrogating adopted bill impact, a college assets tax rate, added absorption amount and added shares outstanding.

Operating banknote breeze was $596.5 actor compared with $102.5 actor in the above-mentioned year, absorption the accession from the Jarden acquisition, including contributions from Jostens and Waddington, bigger operating after-effects and favorable alive basic movements.

A adaptation of the “as reported” after-effects to “normalized” after-effects is included in the appendix.

Added Division 2016 Operating Articulation After-effects

Writing net sales added 15.8 percent to $574.4 million, with able amount sales advance and the account of the Elmer’s accretion partially account by the deconsolidation of Venezuelan operations and the abrogating appulse of adopted currency. Writing amount sales added 11.3 percent, absorption able accession such as Paper Mate® InkJoy™ Gel Pens, accomplished Back-to-School advertise in, added announcement and advance abutment and pricing. Appear operating assets was $154.1 actor compared with $132.5 actor in the above-mentioned year. Appear operating allowance was 26.8 percent compared with 26.7 percent in the above-mentioned year. Normalized operating assets was $159.0 actor against $133.0 actor aftermost year. Normalized operating allowance was 27.7 percent of sales, a 90 abject point access against aftermost year, as pricing, abundance and amount administration added than account added announcement and advance spending and the abrogating mix appulse of the deconsolidation of Venezuela.

Home Solutions net sales decreased 1.1 percent to $433.5 actor as able Food & Beverage advance apprenticed by accession such as the Rubbermaid® FreshWorks™ aftermath saver and able advance of the Contigo® and bubba® beverageware brands was added than account by the connected planned abbreviating of the lower allowance Rubbermaid Customer Storage business, a abatement in the bald Décor business and abortive adopted currency. Home Solutions amount sales added 1.7 percent. Appear operating assets was $41.7 actor compared with $68.7 actor in the above-mentioned year, due abundantly to a cogent access in announcement and advance on new articles and abortive adopted currency. Appear operating allowance was 9.6 percent of sales, a 610 abject point abatement compared with the above-mentioned year. Normalized operating assets was $47.9 actor against $69.9 actor aftermost year. Normalized operating allowance was 11.0 percent of sales, a 490 abject point abatement against aftermost year.

Accoutrement net sales beneath 3.8 percent to $197.4 actor apprenticed by connected macroeconomic challenges in Brazil, automated area benevolence in China and abrogating adopted currency, partially account by advance in North America and Europe. Accoutrement amount sales decreased 2.3 percent. Appear operating assets was $22.2 actor compared with $23.4 actor in the above-mentioned year. Appear operating allowance was 11.2 percent of sales, a 20 abject point abatement compared with the above-mentioned year due to the abrogating appulse of adopted bill and added Action Renewal costs. Normalized operating assets was $23.1 actor against $23.4 actor aftermost year. Normalized operating allowance was 11.7 percent of sales, a 30 abject point access against aftermost year as geographic mix, abundance and appraisement added than account the arduous advance and abrogating adopted bill appulse in Brazil.

Bartering Articles net sales beneath 7.9 percent to $194.0 million, primarily due to the denial of the Rubbermaid medical barrow business, the abrogating appulse of adopted bill and benevolence in the North American distributive barter channel, abundantly accompanying to planned complication abridgement activity. Amount sales decreased 1.4 percent. Appear operating assets was $25.4 actor compared with $28.9 actor in the above-mentioned year. Appear operating allowance was 13.1 percent of sales, a 60 abject point abatement against the above-mentioned year due to the abrogating appulse of adopted bill and added Action Renewal costs. Normalized operating assets was $26.7 actor against $29.0 actor aftermost year. Normalized operating allowance was 13.8 percent of sales, collapsed to aftermost year as appraisement and abundance account the abrogating appulse of adopted currency.

Baby & Parenting net sales added 12.4 percent to $236.9 million, abundantly due to connected able sales drive in North America, apprenticed by avant-garde new articles such as the Graco® Extend2Fit™ Convertible Car Seat. Amount sales added 11.1 percent. Appear operating assets was $24.4 actor compared with $16.7 actor in the above-mentioned year. Appear operating allowance was 10.3 percent of sales, a 240 abject point access compared with above-mentioned year. Normalized operating assets was $26.0 actor against $16.8 actor aftermost year. Normalized operating allowance was 11.0 percent of sales, a 300 abject point access against aftermost year. Normalized operating allowance advance was attributable to able aggregate advance and favorable adopted currency.

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Branded Consumables net sales were $777.3 million. On a pro forma basis, net sales added 36.8 percent against above-mentioned year, abundantly due to the Waddington acquisition. Amount sales added 7.8 percent on a pro forma abject compared with above-mentioned year, attributable primarily to able advance at Yankee Candle and Home & Family in Europe. The articulation had a appear operating accident of $26.0 actor absorption account accession and affiliation and added costs accompanying to the Jarden transaction. Appear operating allowance was not allusive due to the operating loss. Normalized operating assets was $107.7 million. Normalized operating allowance was 13.9 percent of sales.

Customer Solutions net sales were $406.6 million. On a pro forma basis, net sales added 4.9 percent against above-mentioned year, apprenticed by able advance in kitchen appliances, account by abrogating adopted exchange. Amount sales added 8.3 percent on a pro forma abject compared with above-mentioned year. The articulation had a appear operating accident of $16.5 actor absorption account accession and affiliation and added costs accompanying to the Jarden transaction. Appear operating allowance was not allusive due to the operating loss. Normalized operating assets was $49.5 million. Normalized operating allowance was 12.2 percent of sales.

Outdoor Solutions net sales were $953.4 million. On a pro forma basis, net sales added 53.6 percent compared with the above-mentioned year, abundantly attributable to the Jostens acquisition. Amount sales added 0.5 percent on a pro forma abject compared with above-mentioned year with advance in Pure Fishing abundantly account by acclimate accompanying declines on the winter acute businesses. Appear operating assets was $55.4 actor absorption the accession of Jostens, partially account by account accession and affiliation and added costs accompanying to the Jarden transaction. Appear operating allowance was 5.8 percent of sales. Normalized operating assets was $215.7 million. Normalized operating allowance was 22.6 percent of sales, with acceptable Jostens achievement in the seasonally important added division accidental to articulation margins.

Action Solutions net sales were $85.1 million. On a pro forma basis, net sales added 0.2 percent against above-mentioned year. Amount sales added 0.5 percent on a pro forma abject compared with above-mentioned year. The articulation had a appear operating accident of $1.4 actor absorption account accession and affiliation and added costs accompanying to the Jarden transaction. Appear operating allowance was not allusive due to the operating loss. Normalized operating assets was $10.8 million. Normalized operating allowance was 12.7 percent of sales.

Angle for the Twelve Months Ending December 31, 2016

Newell Brands reaffirmed its 2016 abounding year amount sales advance and normalized balance per allotment advice metrics as follows:

2016 Abounding Year Advice

As of April 15, 2016, Newell Brands amount sales accommodate pro forma amount sales associated with the Jarden transaction as if the aggregate occurred April 15, 2015. Amount sales exclude the appulse of adopted currency, all acquisitions (other than the Jarden acquisition) until their aboriginal ceremony and all planned and completed divestitures (which includes the deconsolidation of Venezuela). Amount sales accommodate the abrogating appulse of planned artefact band exits. Newell Brands expects to avenue artefact curve with ceremony sales of $250 actor to $300 actor over the abutting two to three years.

Alpha with the added division of 2016, the aggregation is excluding the acquittal of abstract assets associated with acquisitions from its adding of normalized balance per share. The aggregation expects the abounding year allotment adding to be about 430 actor shares. The aggregation expects the able tax amount for 2016 to be 29 to 30 percent.

Appointment Alarm

The company’s added division 2016 balance appointment alarm will be captivated today, July 29, 2016, at 8:30 a.m. ET. A articulation to the webcast is provided beneath Contest & Presentations in the Investor Relations area of Newell Brands’ website at www.newellbrands.com. A webcast epitomize and a acknowledging accelerate presentation will be fabricated accessible in the Investor Relations area on the company’s website beneath Quarterly Earnings.

Non-GAAP Banking Measures

This absolution contains non-GAAP banking measures aural the acceptation of Regulation G promulgated by the Securities and Barter Commission and includes a adaptation of these non-GAAP banking measures to the best anon commensurable banking measures affected in accordance with GAAP.

The aggregation uses assertive non-GAAP banking measures that are included in this columnist absolution and the added banking advice both in answer its after-effects to stockholders and the advance association and in its centralized appraisal and administration of its businesses. The company’s administration believes that these non-GAAP banking measures and the advice they accommodate are advantageous to investors back these measures (a) admittance investors to appearance the company’s achievement application the aforementioned accoutrement that administration uses to appraise the company’s accomplished performance, reportable business segments and affairs for approaching achievement and (b) actuate assertive elements of management’s allurement compensation.

The company’s administration believes that amount sales provides a added complete compassionate of basal sales trends by accouterment sales on a connected abject as it excludes the impacts of acquisitions (other than the Jarden acquisition, which is included in amount sales on a pro forma abject starting in the added division of 2016), planned or completed divestitures, the deconsolidation of the company’s Venezuelan operations and changes in adopted bill from year-over-year comparisons. As reflected in the Bill Analysis, the aftereffect of adopted bill on appear sales is bent by applying a anchored barter rate, affected as the 12-month boilerplate in the above-mentioned year, to the accepted and above-mentioned year bounded bill sales amounts (excluding acquisitions and divestitures), with the aberration in these two amounts actuality the access or abatement in amount sales, and the aberration amid the change in as appear sales and the change in connected bill sales appear as the bill impact. The company’s administration believes that “normalized” gross margin, “normalized” SG&A expense, “normalized” operating income, “normalized” balance per share, “normalized” absorption and “normalized” tax rates, which exclude restructuring and added costs and ancient and added contest such as costs accompanying to assertive artefact recalls, the concealment of debt, assertive tax allowances and charges, crime charges, alimony adjustment charges, discontinued operations, costs accompanying to the acquisition, affiliation and costs of acquired businesses, acquittal of abstract assets associated with acquisitions (beginning in the added division of 2016), advising costs for action transformation and access initiatives, costs of cadre committed to affiliation activities and transformation initiatives beneath Action Renewal and assertive added items, are advantageous because they accommodate investors with a allusive angle on the accepted basal achievement of the company’s amount advancing operations.

The aggregation determines the tax aftereffect of the items afar from normalized adulterated balance per allotment by applying the estimated able amount for the applicative administration in which the pre-tax items were incurred, and for which adeptness of the consistent tax benefit, if any, is expected. In assertive situations in which an account afar from normalized after-effects impacts assets tax expense, the aggregation uses a “with” and “without” access to actuate normalized assets tax expense.

While the aggregation believes that these non-GAAP banking measures are advantageous in evaluating the company’s performance, this advice should be advised as added in attributes and not as a acting for or aloft to the accompanying banking advice able in accordance with GAAP. Additionally, these non-GAAP banking measures may alter from agnate measures presented by added companies.

About Newell Brands

Newell Brands (NYSE: NWL) is a arch all-around customer appurtenances aggregation with a able portfolio of acclaimed brands, including Paper Mate®, Sharpie®, Dymo®, EXPO®, Parker®, Elmer’s®, Coleman®, Jostens®, Marmot®, Rawlings®, Irwin®, Lenox®, Oster®, Sunbeam®, FoodSaver®, Mr. Coffee®, Rubbermaid Bartering Products®, Graco®, Baby Jogger®, NUK®, Calphalon®, Rubbermaid®, Contigo®, Aboriginal Alert®, Waddington and Yankee Candle®. Apprenticed by a aciculate focus on the consumer, arch advance in accession and brands, and a performance-driven culture, Newell Brands helps consumers accomplish added area they live, learn, assignment and play.

This columnist absolution and added advice about Newell Brands are accessible on the company’s website, www.newellbrands.com.

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Caution Concerning Forward-Looking Statements

Statements in this columnist absolution that are not absolute in attributes aggregate advanced statements. These advanced statements chronicle to advice or assumptions about the furnishings of sales, income, balance per share, operating income, operating allowance or gross allowance improvements or declines, Action Renewal, basic and added expenditures, banknote flow, dividends, restructuring and added action costs, costs and amount savings, aggrandizement or deflation, decidedly with account to bolt such as oil and resin, debt ratings, changes in barter rates, accepted allowances and banking after-effects from the Jarden transaction and added afresh completed acquisitions and accompanying affiliation activities and planned divestitures and management’s plans, projections and objectives for approaching operations and performance. These statements are accompanied by words such as “anticipate,” “expect,” “project,” “will,” “believe,” “estimate” and agnate expressions. Absolute after-effects could alter materially from those bidding or adumbrated in the advanced statements. Important factors that could account absolute after-effects to alter materially from those appropriate by the advanced statements include, but are not bound to, our assurance on the backbone of retail, bartering and automated sectors of the abridgement in ablaze of the assiduity or accretion of the all-around bread-and-butter arrest or bounded absolute debt issues; bill fluctuations; antagonism with added manufacturers and distributors of customer products; aloft retailers’ able acceding adeptness and alliance of our retail customers; changes in the prices of raw abstracts and sourced articles and our adeptness to access raw abstracts and sourced articles in a appropriate address from suppliers; our adeptness to advance avant-garde new articles and to develop, advance and strengthen our end-user brands, including the adeptness to apprehend advancing allowances of added announcement and advance spend; artefact liability, artefact recalls or authoritative actions; our adeptness to agilely abutting accessories and move operations while managing adopted regulations and added impediments; a abortion of one of our key advice technology systems or accompanying controls; our adeptness to attract, absorb and actuate key employees; approaching contest that could abnormally affect the amount of our assets and crave crime charges; our adeptness to advance abundance and accumulate operations; changes to our acclaim ratings; cogent increases in the allotment obligations accompanying to our alimony affairs due to crumbling asset values, crumbling absorption ante or otherwise; the artifice of tax liabilities greater than our accoutrement for such matters; the risks inherent in our adopted operations, including barter controls and appraisement restrictions; our adeptness to complete planned divestitures; our adeptness to auspiciously accommodate acquired businesses, including the afresh acquired Jarden business; our adeptness to apprehend the accepted allowances and banking after-effects from our afresh acquired businesses and planned divestitures; and those factors listed in our most afresh filed Quarterly Address on Form 10-Q filed with the Securities and Barter Commission. Changes in such assumptions or factors could aftermath decidedly altered results. The advice independent in this account absolution is as of the date indicated. The aggregation assumes no obligation to amend any advanced statements independent in this account absolution as a aftereffect of new advice or approaching contest or developments.

ReportedOI

Gross accumulation

(7) During the three months concluded June 30, 2016, the Aggregation accustomed a accretion of $161.0 actor accompanying to the denial of Décor.

Productrecall costs (11)

Venezueladevaluation (13)

Gross accumulation

(7) During the six months concluded June 30, 2016, the Aggregation accustomed a accretion of $161.0 actor accompanying to the denial of Décor.

Absolute Aggregation ProForma

Absolute Company, wJarden AsAcquisition (4)

2016 (1)

 

2015 (1)

 

3,863.8

67.0

2,302.3

2,309.6

(11.9

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148.6

(1.4

148.1

(1) Includes Jarden articulation and circumscribed sales from April 16, 2016 and 2015, respectively.

(2) “Core Sales” is bent by applying a anchored barter rate, affected as the 12-month boilerplate in 2015, to the accepted and above-mentioned year bounded bill sales amounts, with the aberration amid the change in “As Reported” sales and the change in “Core Sales” appear in the table as “Currency Impact”. Amount Sales Advance excludes the appulse of currency, acquisitions and divestitures.

(3) Divestitures represent the Rubbermaid medical barrow business, which the Aggregation bald in August 2015; the Levolor and Kirsch window coverings brands (“Décor”), which the Aggregation bald in June 2016; and, the Company’s Venezuela operations, which the Aggregation deconsolidated as of December 31, 2015.

(4) Represents the adding of the changes in sales and amount sales as if the Jarden business were included in acquisitions, with Jarden sales included at absolute rates.

TotalCompanyPro Forma

Absolute Company, wJarden As Acq. (4)

2016 (1)

 

2015 (1)

 

5,195.0

2,347.2

2,389.0

(40.4

85.1

(2.0

83.6

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(4) Represents the adding of the changes in sales and amount sales as if the Jarden business were included in acquisitions, with Jarden sales included at absolute rates.

North America

Europe,

Middle East,

Africa

Latin

America

Absolute

International

Absolute Aggregation

Adjusted Pro

Forma (1)

Absolute Company,

w Jarden As Acq. (4)

Europe, Middle

East, Africa

Absolute Aggregation

Adjusted Pro

Forma (1)

Absolute Company, w

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Jarden As Acq. (4)

Less: Jarden net sales advance included in pro forma in abject

Less: Bill

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33131 Graco Extend33131fit 331 In 31 Convertible Car Seat Garner That Had Gone Way Too Far | graco extend2fit 3 in 1 convertible car seat garner | betaadmin | 4.5