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The Latest Breaking News from Newell Brands Inc

3 Consumer Discretionary Stocks to Buy as Spending Increases

The consumer discretionary sector is flourishing, with positive economic indicators and solid wage gains boosting consumer confidence. As consumer spending surges amid robust economic growth, quality consumer discretionary stocks Lowe's Companies (LOW), American Eagle Outfitters (AEO), and Newell Brands (NWL) could be ideal buys now. Read more….

Newell Brands (NWL): Buy, Sell or Hold for July?

Newell Brands (NWL): Buy, Sell or Hold for July?

Home improvement company Newell Brands (NWL) is struggling with weakening sales and losses amid current macroeconomic uncertainties. So, let's analyze if the stock is a Buy, Sell, or Hold this month.

Newell Brands: Buy, Sell, or Hold?

Newell Brands: Buy, Sell, or Hold?

A robust first-quarter earnings report boosted Newell Brands’ (NWL) shares this year. The company also raised its outlook for 2022. But should one invest in the stock considering the company’s insufficient cash flow? Read on.

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Newell Brands Q1 Earnings Tops Estimates, Reaffirms FY22 Outlook

Newell Brands Inc (NASDAQ:NWL) reported first-quarter FY22 sales growth of 4.4%, to $2.39 billion, beating the consensus of $2.28 billion. Core sales grew 6.9%. The Commercial Solutions segment sales increased 8.3% Y/Y to $510 million, Home Appliances fell 5.8% to $340 million, Home Solutions declined 0.8% to $500 million, Learning & Development…

Newell Brands Launches Multi-Purpose, Brick-And-Mortar Kitchen Space

Newell Brands Inc (NASDAQ:NWL) has launched Newell Creative Kitchen, its first multi-purpose, brick-and-mortar kitchen space located in Hoboken, New Jersey. The space aims to cater to virtual and in-person events and serves as a hub for content creation and food and kitchen trends. It will also showcase offerings of Newell's home and kitchen…

Newell's NUK Launches Sustainable Baby Products

Newell Brands Inc (NASDAQ:NWL) owned baby care products maker NUK has launched its first sustainable collection, NUK For Nature. The sustainable collection consists of pacifiers, cups, plates, bowls, and baby utensils. The products in the collection use recycled and recyclable packaging and include instructions from How2Recycle disposal methods. Antoine Forbin, President of…

Interface Picks Laurel Hurd To Succeed Daniel Hendrix As CEO

Interface Inc (NASDAQ:TILE) has appointed Laurel M. Hurd as President and Chief Executive Officer, effective April 18, 2022. Hurd will succeed Daniel T. Hendrix, who will continue with the company as Chairman of the board of directors. Hurd has spent most of her career at Newell Brands Inc (NASDAQ:NWL). Hurd also was recently appointed as…

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Newell Brands To Repurchase $275M Of Its Shares From Icahn Enterprises

Newell Brands To Repurchase $275M Of Its Shares From Icahn Enterprises

Newell Brands Inc (NASDAQ:NWL) has agreed to repurchase about $275 million of its common shares owned by Carl C. Icahn and his associates. Newell will buy back the shares at a purchase price of $25.86 per share, the closing price of its shares on February 18, 2022. The company will use cash on hand and its…

Newell Brands Q4 Earnings Top Estimates

Newell Brands Q4 Earnings Top Estimates

Newell Brands Inc (NASDAQ:NWL) reported fourth-quarter FY21 sales growth of 4.3% year-on-year, to $2.81 billion, beating the analyst consensus of $2.65 billion. Adjusted EPS of $0.42 beat the analyst consensus of $0.32. Gross margin contracted 310 basis points to 29.8% of net sales. The normalized gross margin compressed 280 basis points to 30.1%. …

Resideo Technologies To Acquire First Alert From Newell Brands For $593M Cash

Resideo Technologies To Acquire First Alert From Newell Brands For $593M Cash

Resideo Technologies Inc (NYSE:REZI) has agreed to acquire First Alert Inc, a home safety products provider, from Newell Brands Inc (NASDAQ:NWL) for $593 million in an all-cash transaction. First Alert offers a portfolio of detection and suppression devices, including smoke alarms, carbon monoxide (CO) alarms, combination alarms, connected fire, and CO devices. For the…

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