Newell Brands Cuts Outlook As Tariffs Raise Costs
Core Insights - Newell Brands reported lower third-quarter sales and reduced its full-year earnings outlook due to higher costs and decreased demand attributed to tariffs [1] Financial Performance - The company experienced a decline in third-quarter sales, indicating a challenging market environment [1] - The full-year earnings outlook has been cut, reflecting the impact of rising costs and tariffs on profitability [1] Market Conditions - Higher costs and reduced demand are significant factors affecting the company's performance, suggesting broader industry challenges related to tariffs [1]