NWL Stock Recent News

Newell's (NWL) fourth-quarter 2023 sales decline 9.1% year over year on lower core sales and impacts of category exits.

Newell Brands lifted margins by cutting less profitable products. Sales were down 9% in the quarter.

Revenue is expected to drop between 8% to 5% in 2024, the company said.

Although the revenue and EPS for Newell Brands (NWL) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Shares of Newell Brands Inc. NWL, +6.69% fell 3.6% in premarket trades Friday after the consumer goods company reported better-than-expected fourth-quarter earnings and sales but gave soft full-year outlook. The company, whose brands include Rubbermaid, Sharpie, Graco and Yankee Candle reported a net loss of $86 million, or a loss of 21 cents a share, compared with a net loss of $249 million, or a loss of 60 cents a share, in the prior year's quarter.

Get a deeper insight into the potential performance of Newell Brands (NWL) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Newell's (NWL) fourth-quarter 2023 bottom-line performance is likely to have gained from productivity program and pricing actions.

Newell Brands (NWL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Newell (NWL) announces strategic realignment to strengthen commercial capabilities and drive operational efficiencies. The company expects to cut the workforce under the plan.