Newell Earnings Meet Estimates in Q3, Core Sales Decline 1.7% Y/Y

Newell Brands Inc. (NWL) posted third-quarter 2024 results, wherein sales missed the Zacks Consensus Estimate and fell year over year. Nevertheless, earnings met the consensus mark. The company is making progress in its turnaround efforts. Its front-end commercial capabilities, appear encouraging. The company's normalized earnings per share (EPS) were 16 cents, down from 37 cents in the year-ago quarter. The bottom-line figure met the Zacks Consensus Estimate. Net sales dipped 4.9% year over year to $1,947 ...