Rubbermaid Parent Newell Brands Stock Soars as It Says Turnaround Plan Working [Yahoo! Finance]
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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Source: Yahoo! Finance
CEO Chris Peterson said the company's "business transformation is well underway." The news sent shares of Newell Brands into positive territory for the year. Newell Brands ( NWL ) shares soared nearly 25% Friday afternoon as the maker of consumer products said its turnaround plan is "on track." The owner of brands such as Rubbermaid, Graco, and Coleman reported it cut its year-over-year third-quarter net loss by $20 million to $198 million. The $0.48 loss per share was down from $0.53. Normalized diluted earnings per share (EPS) came in at $0.16, in line with consensus estimates of analysts polled by Visible Alpha, while revenue fell 5% to $1.95 billion, just short of forecasts. Sales at the company's Learning & Development division rose 3% to $717 million. They were down 7% to $1.05 billion at the Home & Commercial Solutions segment, and were off 21% to $183 million at the Outdoor & Recreation unit. Chief Executive Officer (CEO) Chris Peterson said that after five full qua
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NWL
News
- Newell Brands to Webcast Fireside Chat at the Morgan Stanley Global Consumer & Retail ConferenceBusiness Wire
- Newell Brands Inc. (NASDAQ: NWL) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $10.00 price target on the stock, up previously from $8.00.MarketBeat
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- Newell Brands Declares Dividend on Common StockBusiness Wire
NWL
Earnings
- 10/25/24 - In-Line
NWL
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 8-K
- 11/8/24 - Form SC
- NWL's page on the SEC website