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NWL faces near-term headwinds, but strategic initiatives and margin expansion offer long-term recovery potential.
ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.07 per share. The dividend is payable March 14, 2025 to common stockholders of record at the close of business on February 28, 2025. About Newell Brands Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mat.
Newell Brands' recent debt refinancing was six times oversubscribed, indicating strong investor confidence in the company's new corporate strategy and reorganization efforts. Significant reduction in restructuring expenses and gross margin expansion in 2024 suggest potential free cash flow growth and operational efficiency improvements by 2025. Despite a projected revenue decline in 2025, the market's reaction appears overblown. The stock trades at an attractive valuation relative to its future earnings potential.
Shares of Newell Brands (NWL) — the parent company of stationary brands Sharpie, Elmer's, Paper Mate, and consumer products like Yankee Candle — have seen a significant decline of over 27% Friday morning after reporting mixed fourth quarter results in its earnings release. Newell posted adjusted earnings per share (EPS) of $0.16 — beating consensus estimates of $0.14 — while quarterly sales of $1.949 billion fell short of analyst estimates of $1.96 billion.
Newell Brands Inc. (NASDAQ:NWL ) Q4 2024 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Joanne Freiberger - Senior Vice President of Investor Relations and Chief Communications Officer Chris Peterson - President and Chief Executive Officer Mark Erceg - Chief Financial Officer Conference Call Participants Bill Chappell - Truist Securities Lauren Lieberman - Barclays Chris Carey - Wells Fargo Securities Brian McNamara - Canaccord Genuity Andrea Teixeira - JPMorgan Peter Grom - UBS Operator Good morning, and welcome to Newell Brands Fourth Quarter and Full Year 2024 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded.
NWL reports a sales decline in fourth-quarter 2024, owing to a core sales drop of 3% year over year.
The maker of Rubbermaid storage products and Sharpie pens forecasts 2025 net sales declining 2% to 4%.
While the top- and bottom-line numbers for Newell Brands (NWL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Newell Brands (NWL) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.22 per share a year ago.
The Sharpie S-Gel pen will be in hand throughout Jeanty and McMillan's rookie seasons, to help them make their mark as pro athletes. ATLANTA , Feb. 7, 2025 /PRNewswire/ -- After a powerhouse first year, Sharpie®, the iconic brand within the Newell Brands global portfolio, is bringing the Sharpie Rookie of the Year program back for another season.