The upcoming report from Newell Brands (NWL) is expected to reveal quarterly earnings of $0.16 per share, indicating a decline of 59% compared to the year-ago period. Analysts forecast revenues of $1.96 billion, representing a decrease of 4.3% year over year.The current level reflects an upward revision of 1.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Bef ...

Newell Brands Inc. (NWL) is expected to register year-over-year declines in the bottom and top lines when it reports third-quarter 2024 results on Oct. 25, before the opening bell. The Zacks Consensus Estimate for quarterly revenues is pegged at $2 billion, indicating a drop of 4.3% from the figure reported in the year-ago quarter.The consensus estimate for the bottom line is pegged at 16 cents per share, which indicates a year-over-year plunge of 59%. The consensus mark has been unchanged in the past 30 da ...

Core Insights - FoodSaver has launched the Handheld+ 2-in-1 Vacuum Sealing System, which combines a countertop vacuum sealer and a cordless handheld device, offering unmatched versatility in food storage [2][3][4] Product Features - The Handheld+ system keeps food fresh up to 5 times longer compared to ordinary storage methods and helps prevent freezer burn [2][4] - It includes a detachable cordless handheld unit that allows users to vacuum seal, heat seal, and marinate with one device, making it ideal for various food types [3][4] - The handheld device can marinate proteins and vegetables in just 12 minutes, significantly reducing preparation time [3] - The product is designed for easy storage and features a dishwasher-safe removable drip tray for convenient cleanup [4] Market Positioning - The launch addresses consumer concerns about rising food prices and aims to help save money by reducing food waste [4] - The Handheld+ is compatible with all FoodSaver accessories, enhancing its usability and appeal [4] - The product is available in three colors and comes with a variety of vacuum sealing bags and accessories, with a retail price ranging from $149.99 to $169.99 [5] Company Background - FoodSaver is part of Newell Brands, a leading global consumer goods company with a diverse portfolio of well-known brands [7] - The company focuses on quality and expertise in vacuum sealing and food preservation, aiming to reduce food waste and save consumers money [6]

Newell Brands (NASDAQ: NWL ) is a large consumer products corporation and the owner of many recognizable brands such as Rubbermaid, Coleman, and Graco. The company's shares have been on a slide, down 60% from their pre-pandemic levels. Management has worked on a turnaround plan and About My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company ...

Rubbermaid Commercial Products is hosting more than 200 global events to recognize custodians and environmental service workers HUNTERSVILLE, N.C, Sept. 9, 2024 /PRNewswire/ -- Rubbermaid Commercial Products (RCP), part of the Newell Brands Global portfolio and a leader in innovative, solutions-based commercial products, is hosting the Behind the Scenes of Clean campaign for the third year in a row to show its continued appreciation for cleaning and maintenance professionals in honor of Environmental Servic ...

The Ally Love x Contigo collection features best-selling Contigo water bottles, tumblers, and travel mugs outfitted with unique, on-trend designs ATLANTA, Aug. 27, 2024 /PRNewswire/ -- Today, Contigo®, a leading producer of leak-proof beverageware, is debuting a new, limited-edition water bottle collection designed in partnership with fan-favorite Peloton instructor and renowned fitness boss, Ally Love. With nearly half of Americans not hitting their daily water goals, Contigo and Ally are stepping up to ma ...

Artists and audiences will gather for an unforgettable night of creativity, competition, and community sponsored by Sharpie Creative Markers ATLANTA, Aug. 20, 2024 /PRNewswire/ -- On Saturday, Aug. 24, Sharpie®, part of the Newell Brands global portfolio, is sponsoring Art Battle® at a flagship Los Angeles event. The creativity-fueled evening will feature three rounds of live art competition. Armed with an arsenal of Sharpie products, including the New Sharpie Creative Markers, and Art Battle paint, top LA ...

Newell Brands Inc. (NWL) stock has been under pressure lately, with shares dropping as much as 21.5% in the past three months, while the broader Zacks Consumer Products – Staples industry has dipped 1.9%. The stock's current trading level is 36% below its 52-week high of $10.72. The company has been witnessing a challenging macroeconomic environment and elevated levels of core inflation that have led to muted demand for discretionary and durable products. This resulted in a 7.8% yearover-year decline in sec ...

New Fragrances Embrace the Most Memorable Moments of Fall with Fragrances Ranging from Lake Mist and Cedarwood to Amber and Soft Leather SOUTH DEERFIELD, Mass., Aug. 5, 2024 /PRNewswire/ -- The Yankee Candle Company, Inc., part of the Newell Brands portfolio and the leader in home fragrance, announces today the launch of a new assortment of fall fragrances, The Cottage Getaway Collection. The new fall collection features six fragrances that capture the essence of the perfect fall weekend away with your fami ...

Q2 Numbers Author For revenues, there isn't a lot of information to gauge how well the strategy is going to work out in the end, however, for the sake of forecasting, I decided to go with around a 7% decrease in top-line for FY24, as per management's updated numbers, -2% for the following year, flat for FY26 and a slight bounce in FY27 that will taper off to 2% growth by FY33, giving me an overall CAGR of 2% over the decade. As per below. Newell Brands (NASDAQ:NWL) has recently reported Q2 '24 earnings, whi ...