Newell (NWL) Earnings Surpass Estimates in Q1 Sales Dip Y/Y

Newell Brands Inc. (NWL) posted first-quarter 2024 results, wherein both sales and earnings beat the Zacks Consensus Estimate. The company’s normalized loss per share was $0.00 against earnings per share of 6 cents in the year-ago quarter. The bottom-line figure was narrower than the consensus mark of a loss of 7 cents per share.Net sales declined 8.4$1.7 billion on lower core sales as well as the impacts of business exits and adverse foreign exchange. Nonetheless, the metric exceeded th ...