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 ...

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 (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 ...