Table of Contents FORM 10-Q (Exact name of registrant as specified in its charter) Delaware 36-3514169 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing ...

Net sales declined 7.8% year over year to $2,033 million on lower core sales, as well as the impacts of business exits and adverse foreign exchange. Also, the metric was below the consensus estimate of $2,043 million. Core sales fell 4.2% year over year. However, pricing across the international markets to offset inflation and currency was a significant contributor to core sales. In the past three months, shares of this Zacks Rank #4 (Sell) company have lost 20.6% against the industry's 2.5% growth. The Lea ...

Newell Brands Inc. (NASDAQ:NWL) Q2 2024 Earnings Conference Call July 26, 2024 9:30 AM ET Company Participants Sofya Tsinis - Vice President of Investor Relations Chris Peterson - President and CEO Mark Erceg - Chief Financial Officer Conference Call Participants Peter Grom - UBS William Chappell - Truist Securities Andrea Teixeira - JPMorgan Lauren Lieberman - Barclays Brian McNamara - Canaccord Genuity Chris Carey - Wells Fargo Securities Filippo Falorni - Citi Olivia Tong - Raymond James Operator Good mo ...

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. (NWL) is expected to register a year-over-year decline in the top and bottom lines when it reports second-quarter 2024 results on Jul 26, before the opening bell. The Zacks Consensus Estimate for quarterly revenues is pegged at $2 billion, indicating a drop of 7.5% from the figure reported in the year-ago quarter. Newell currently has an Earnings ESP of 0.00% and a Zacks Rank of 3. However, Newell has been making strategic moves to maneuver a tough operating landscape. The company's front ...

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 ...