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Benzinga
Benzinga
Business
Triveni Kothapalli

Paper Mate Maker Turnaround Stumbles As Tariffs And Soft Sales Take A Toll

Stuttgart,,Germany,-,09-25-2022:,Person,Holding,Cellphone,With,Webpage,Of

Newell Brands Inc. (NASDAQ:NWL) reported third-quarter results on Friday that fell short of analysts’ expectations, as lower retail inventory levels and weakness in international markets weighed down sales.

The company reported adjusted earnings of 17 cents per share, compared with 16 cents in the prior year period, which was slightly below Wall Street expectations of 18 cents.

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