Workflow
Newell Brands: Core Sales And Margins Moving In The Right Direction
NWLNewell Brands(NWL) Seeking Alpha·2024-05-13 20:32

Edwin Tan/E+ via Getty Images Investment Summary My previous investment thesis (published on 15-Feb-24) was a buy rating for Newell Brands (NASDAQ:NWL) as I believed FY24 could see a turnaround for both revenue growth and margin expansion, especially since January '24 performance was tracking well. I continue to attach a buy rating to NWL as the business seems on track to recover sales back to historical growth rates, and the margin outlook is now a lot healthier. 1Q24 Results Update In 1Q24 (26th April), N ...