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Newell Brands Touts Turnaround Progress After Q2 Earnings Beat

Newell Brands Touts Turnaround Progress After Q2 Earnings Beat

by Mike Duff | Jul 26, 2024 | Featured News, Retail Articles

Newell Brands continued its turnaround push by beating a Wall Street second-quarter earnings estimate while coming up a little short of a revenue forecast. Net income was $45 million, or 11 cents per diluted share, versus $18 million, or four cents per diluted share,...
Newell Brands Q4 Topped Street Estimates Amid Initiatives To Boost Operations

Newell Brands Q4 Topped Street Estimates Amid Initiatives To Boost Operations

by Mike Duff | Feb 9, 2024 | Featured News, Retail Articles

In the fourth quarter, Newell Brands did better than Wall Street expected as it pursued a revamped corporate strategy that included initiatives to improve operations. Net loss was $86 million, or 21 cents per diluted share, versus a net loss of $249 million, or 60...
Newell Brands Q4 Topped Street Estimates Amid Initiatives To Boost Operations

Newell Brands Q3 Sales Slip but Earnings Still Beat Street

by Mike Duff | Oct 27, 2023 | Appliances, Cookware, Home + Housewares, Kitchen Electrics, Kitchenware, Retail Articles

Newell Brands posted a big third-quarter earnings beat versus Wall Street estimates but fell short of analyst forecasts on sales, including sales declines in its home product businesses. The company reported a net loss of $218 million, or 53 cents per diluted loss per...
Newell Discusses Sharpening Strategy and Execution

Newell Discusses Sharpening Strategy and Execution

by Mike Duff | Jun 6, 2023 | Retail Articles

Presenting at the 2023 dbAccess Global Consumer Conference in Paris, Newell Brands president and CEO Chris Peterson and CFO Mark Erceg provided an update on the company’s strategic priorities, capital allocation framework and Evergreen Targets as part of focusing and...
Newell Brands Posts Q1 Loss, Emphasizes Ongoing Operational Streamlining

Newell Brands Posts Q1 Loss, Emphasizes Ongoing Operational Streamlining

by Mike Duff | Apr 28, 2023 | Appliances, Cutlery, Featured News, Food Storage, Kitchen Electrics, Kitchenware

Newell Brands posted a first-quarter loss as it takes steps to make the business more efficient. Newell posted a net loss of $102 million, or 25 cents per diluted share, versus net income of $228 million, or 54 cents per diluted share, in the year-earlier quarter....
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