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-0.000771604938271588 0 -0.00307098765432096 -0.00231481481481477 -0.00617283950617284 -0.00385802469135808 -0.00462962962962967 -0.00385802469135808
Stock impact report

Can Newell Brands' (NWL) Strategic Initiatives Boost the Stock? [Yahoo! Finance]

Newell Brands Inc. (NWL) 
Last newell brands inc. earnings: 5/1 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
In the recent quarter, the company successfully operationalized its new operating model and continues to execute its strategy, which focuses on investing in innovation, brand building, and go-to-market excellence in its largest and most profitable brands and markets. NWL is gaining from its productivity and pricing actions, which aided margin expansions in first-quarter 2024. It witnessed normalized gross margin expansion of 410 basis points (bps) year over year to 31.2%, marking the third consecutive quarter of expansion. The normalized operating margin increased 220 bps year over year to 4.6%, while normalized EBITDA rose more than 30%. The company has been experiencing stronger cross-functional partnerships leading to more agile and efficient decision-making, and streamlined ways of working. These enhancements are essential for NWL's transition into a high-performing, innovative and inclusive organization. Let's Dig Deeper Newell Brands is actively boosting its productivity Show less Read more
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