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Newell Brands took a step closer to ending its sales slide. Management affirmed its 2024 outlook.
Newell (NWL) reports a sales decline in first-quarter 2024, owing to a core sales drop of 4.7% year over year.
Newell Brands (NWL) shares surged in intraday trading Friday as the consumer and commercial products maker pointed to the success of its turnaround plan for better-than-expected results.
Although the revenue and EPS for Newell Brands (NWL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Newell Brands Inc.'s stock was up by 7.8% in premarket trading Friday after the household-products maker boosted its margins, narrowed its first-quarter loss and posted stronger-than-expected revenue.
Newell's (NWL) first-quarter 2024 performance is likely to have been hurt by a challenging macroeconomic environment and elevated levels of inflation.
ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NASDAQ: NWL) today announced its first quarter 2024 earnings results will be released Friday, April 26, 2024 prior to market open and will be followed by a live webcast at 9:30 a.m. ET. To listen to the webcast, please select Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com. The live webcast will be recorded and made available for replay. About Newell Brands Newell Brands (NASDAQ: NWL) is a leadi.
Newell's (NWL) strategic endeavors, including enhancing digital business and cost-saving efforts, bode well.
The market has a risk-on sentiment that is shifting investor sentiment to growth stocks. This includes low-priced small-cap equities that trade at a low price.
Newell's (NWL) strategic endeavors, including enhancing digital business and cost-saving efforts, bode well.