Newell Brands (NWL) reported $2.03 billion in revenue for the quarter ended June 2024, representing a yearover-year decline of 7.8%. EPS of $0.36 for the same period compares to $0.24 a year ago. Shares of Newell Brands have returned +1% over the past month versus the Zacks S&P 500 composite's -1.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. The reported revenue represents a surprise of -0.51% over the Zacks Consensus Es ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. What's Next for Newell Brands? This quarterly report represents an earnings surprise of 71.43%. A quarter ago, it was expected that this consumer products company would post a loss of $0.07 per share when it actually produced break-even earnings, delivering a surprise of 100%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly ...

Newell Brands Announces Second Quarter 2024 Results Turnaround Gains Further Traction as Sales Improve Sequentially Gross and Operating Margin Increase Significantly Versus Prior Year Raises Outlook for Full Year 2024 Chris Peterson, Newell Brands President and Chief Executive Officer, said, "We are making significant progress in driving Newell's turnaround. During the second quarter, we continued to deliver on our operational and financial priorities for the year, as results came in at the high-end or ahea ...

ATLANTA, July 24, 2024 /PRNewswire/ -- Earlier this year, Sharpie®, part of Newell Brands' global portfolio, embarked on a cross-country journey with the brand-new Sharpie Bus as part of the brand's "The World Is Your Canvas" tour, which aims to ignite creativity in celebration of the brand's 60-year history. The tour takes place through the end of the year, visiting events and festivals across the U.S. With four stops in the books so far, the Sharpie Bus is headed to Comic-Con in San Diego this week. Exper ...

Newell Brands Inc. (NASDAQ:NWL), the consumer product manufacturer with a wide portfolio of brands including Sharpie, Rubbermaid, and Coleman, is going to report the company's Q2 results on the 26th of July and is still looking to post a core revenue decline with the multi-year turnaround in mind. A gradual demand recovery is expected, and with the turnaround showing some early signs of success, I believe that investors should watch the outlook past Q2 closely. After my previous article on the company, publ ...

In celebration of National Day of Joy, from now through 7/3, fans can enter for the chance to win a movie ticket* to see Disney and Pixar's Inside Out 2. ATLANTA, June 26, 2024 /PRNewswire/ -- Paper Mate, the iconic writing brand committed to inspiring joy for more than 75 years, is celebrating the National Day of Joy on June 26 by giving away 6,000 tickets* to see Disney and Pixar's must-watch film of the summer: Inside Out 2. People can visit www.feelthejoygiveaway.com to enter for a chance to be one of t ...

Moreover, there is an ongoing concern about the normalization of demand in home-based categories, which have been under pressure. Adverse foreign currency translations, particularly due to hyperinflation in Argentina, are further challenging the company's performance. This environment underscores the complexity and volatility NWL must navigate. These hurdles cannot be ignored in the near term. The Zacks Consensus Estimate for Vital Farms' current financial-year sales and earnings suggests growth of 22.5% an ...

ATLANTA, June 5, 2024 /PRNewswire/ -- DYMO®, a leading provider of innovative labeling solutions and part of the Newell Brands global portfolio, and Taylor, a renowned name in custom label manufacturing, have announced a strategic partnership that makes custom-printed LabelWriter® labels available for use with DYMO LabelWriter® 5 Series printers. (L) Joe Klenke, President, Taylor Labeling Solutions (M) Kris Malkoski, Segment CEO, Learning & Development, Newell Brands (R) Steve Mcdonell, Vice President of En ...

Core Insights - Ball® mason jars are celebrating their 140th anniversary by launching a new Collector's Edition Ball® 140th Anniversary Jar and the Try It All Sweepstakes to promote various uses of the jars [2][3] Company Overview - The Ball® brand, known for its mason jars, has a rich history dating back to 1884 when the first glass jar was produced by the Ball Brothers Glass Manufacturing Company [6] - The brand is part of Newell Brands' global portfolio, which includes several well-known consumer goods brands [7] Product Launch - The new Collector's Edition Ball® 140th Anniversary Jar features a vintage embossed design inspired by patterns from the 1880s and is BPA-free, suitable for canning, crafting, and more [4] - The jars are sold in sets of 4 Regular Mouth jars with bands and SureTight® lids, which can seal contents for up to 18 months, available at major retailers for an MSRP of $14.99 [4] Marketing Initiative - The Try It All Sweepstakes aims to engage hobby enthusiasts by offering 300 participants a chance to win kits that include the new jar and supplies for canning, baking, and gardening [2][4] - The initiative reflects the brand's evolution beyond traditional canning, showcasing its versatility and encouraging creativity among consumers [4]

Newell Brands Inc.'s (NWL) success hinges on its key operational and financial priorities for the year. Notably, in the last quarter, the company operationalized a new operating model and continued to execute its strategy, which emphasizes investments in innovation, brand building and go-to-market excellence for the largest and most profitable brands and markets. The company has been witnessing stronger cross-functional partnerships, which are enabling more agile and efficient decision-making, and streamlin ...