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Newell Brands (NWL) Surpasses Q4 Earnings Estimates
ZACKS· 2025-02-07 14:11
Core Viewpoint - Newell Brands reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, but down from $0.22 per share a year ago, indicating a 14.29% earnings surprise [1][2] Financial Performance - The company posted revenues of $1.95 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.21% and down from $2.08 billion year-over-year [2] - Over the last four quarters, Newell Brands has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [2] Stock Performance - Newell Brands shares have declined approximately 2.7% since the beginning of the year, contrasting with the S&P 500's gain of 3.4% [3] - The current Zacks Rank for Newell Brands is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $1.61 billion, and $0.76 on revenues of $7.56 billion for the current fiscal year [7] - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock performance [6] Industry Context - The Consumer Products - Staples industry, to which Newell Brands belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]
Sharpie® Drafts Ashton Jeanty and Tetairoa McMillan as its 2025 Rookies of the Year
Prnewswire· 2025-02-07 13:49
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. Today, the brand announced its second class of college football standouts and prospective pros, Ashton Jeanty and Tetairoa McMillan. Throughout their rookie year, t ...
Newell Brands(NWL) - 2024 Q4 - Annual Results
2025-02-07 12:29
Newell Brands Announces Fourth Quarter and Full Year 2024 Results Transformation of Structural Economics Continues at Pace Operating and Gross Margin Both Improve Year-over-Year Provides Preliminary Outlook for Full Year 2025 Reported gross margin was 34.2% compared with 29.9% in the prior year period, as the positive impact from productivity savings and pricing more than offset the headwinds from lower sales volume, inflation and foreign exchange. Normalized gross margin was 34.6% compared with 31.1% in th ...
Ahead of Newell Brands (NWL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2025-02-04 15:20
Wall Street analysts expect Newell Brands (NWL) to post quarterly earnings of $0.14 per share in its upcoming report, which indicates a year-over-year decline of 36.4%. Revenues are expected to be $1.97 billion, down 5% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 14% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timefram ...
Newell to Report Q4 Earnings: What Surprise Awaits Investors?
ZACKS· 2025-02-03 19:06
Newell Brands Inc. (NWL) is expected to register year-over-year declines in the top and bottom lines when it reports fourth-quarter 2024 results on Feb. 7, 2025, before the opening bell. The Zacks Consensus Estimate for quarterly revenues is pegged at $2 billion, indicating a drop of 5% from the figure reported in the year-ago quarter.The consensus estimate for the bottom line is 13 cents per share, which indicates a plunge of more than 40% year over year. The consensus mark has gone down a penny in the pas ...
Analysts Estimate Newell Brands (NWL) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-01-31 16:01
The market expects Newell Brands (NWL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...
Yankee Candle® Unveils New 'Hello, Italy!' Collection - A Celebration of Mediterranean Fragrances and Beauty
Prnewswire· 2025-01-27 13:01
New Fragrances Capture the Essence of Italy's Olive Groves, Lemon Zest and Costal Breezes SOUTH DEERFIELD, Mass., Jan. 27, 2025 /PRNewswire/ -- The Yankee Candle Company, Inc., a leader in home fragrance and part of the Newell Brands portfolio, announces the launch the Hello, Italy! Collection. The captivating, new spring line is inspired by the charm, vibrancy, and breathtaking beauty of Italy, bringing the spirit of the Mediterranean into homes around the world. Yankee Candle® Unveils New ‘Hello, Ital ...
Newell's Innovations & Other Strategies Encouraging: Apt to Hold
ZACKS· 2025-01-09 17:30
Newell Brands Inc (NWL) Strategic Overview - The company is well-positioned for growth due to robust business strategies, including optimizing category mix and driving growth within each business unit [1] - Newell's corporate strategy focuses on innovation, brand-building, and go-to-market excellence, alongside achieving standardization and scale efficiencies in supply-chain and back-office functions [2] - The transition to a new operating model aims to enhance organizational effectiveness, agility, and foster a high-performing, innovative culture [3] - Organizational realignment strengthens front-end commercial capabilities, improves accountability, and unlocks operational efficiencies and cost savings [4] - Consumer-driven innovations, such as Graco's SmartSense Soothing Bassinet and Swing, are expected to bolster sales and profitability [5] NWL's Growth Challenges - The company faces a challenging macroeconomic environment, including unfavorable foreign currency impacts and muted demand for discretionary products [6] - The Outdoor & Recreation segment experienced a 20.8% year-over-year decline in net sales and a 16.8% drop in core sales in Q3 2024 [6] Financial Performance and Market Position - NWL's shares have risen 31.9% in the past three months, outperforming the industry's 4% decline [7] - The Zacks Consensus Estimate for 2025 sales is $7.6 billion, indicating a 0.3% year-over-year growth, while EPS is estimated at 77 cents, reflecting an 18% increase [8] Industry Comparison and Stocks to Consider - Freshpet, Inc (FRPT) has a trailing four-quarter average earnings surprise of 144.5%, with current financial-year sales and EPS growth estimates of 27.3% and 224.3%, respectively [10] - Vital Farms (VITL) shows a current financial-year sales and EPS growth estimate of 27.3% and 88.1%, respectively, with a trailing four-quarter average earnings surprise of 48.5% [11] - McCormick & Company (MKC) has a trailing four-quarter average earnings surprise of 13.8%, with current financial-year sales and EPS growth estimates of 0.6% and 8.2%, respectively [12]
Newell Rises 61.7% in a Year: Time to Buy, Sell or Hold the Stock?
ZACKS· 2024-12-27 14:31
Newell Brands Inc. (NWL) stock has been doing well on the bourses, recording a gain of 61.7% in a year. This gain comfortably outpaces the broader Consumer Staples sector’s rise of 1.6% and the Zacks Consumer Products - Staples industry’s growth of 3% in the same period. NWL’s shares also surpassed the S&P 500 index’s appreciation of 11.6% in a year.The company has been executing its corporate strategy, which aims at investing in innovation, brand-building and go-to-market excellence across its brands and m ...
Newell's Innovations & Other Strategies Seem Encouraging: Apt to Hold
ZACKS· 2024-11-26 17:00
Newell Brands Inc. (NWL) appears well-poised for growth on the back of its robust business strategies. Management has been evaluating opportunities to optimize the category mix and drive growth within each business unit. NWL’s recently introduced corporate strategy is also quite encouraging.In the past three months, shares of this manufacturer and marketer of consumer and commercial products company have risen 34% against the industry’s 0.5% decline.More on Newell’s Strategic EffortsThe company has been exe ...