NWL faces near-term headwinds, but strategic initiatives and margin expansion offer long-term recovery potential.
Shares of Newell Brands (NWL) — the parent company of stationary brands Sharpie, Elmer's, Paper Mate, and consumer products like Yankee Candle — have seen a significant decline of over 27% Friday morning after reporting mixed fourth quarter results in its earnings release. Newell posted adjusted earnings per share (EPS) of $0.16 — beating consensus estimates of $0.14 — while quarterly sales of $1.949 billion fell short of analyst estimates of $1.96 billion.
The maker of Rubbermaid storage products and Sharpie pens forecasts 2025 net sales declining 2% to 4%.
Newell Brands (NWL) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.22 per share a year ago.
The Sharpie S-Gel pen will be in hand throughout Jeanty and McMillan's rookie seasons, to help them make their mark as pro athletes. ATLANTA , Feb. 7, 2025 /PRNewswire/ -- After a powerhouse first year, Sharpie®, the iconic brand within the Newell Brands global portfolio, is bringing the Sharpie Rookie of the Year program back for another season.
NWL reports a sales decline in fourth-quarter 2024, owing to a core sales drop of 3% year over year.
Newell Brands' (NWL) fourth quarter does not seem to be "especially difficult," as the data appears to be "varied."
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Newell Brands (NWL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
NWL's fourth-quarter 2024 bottom-line results are likely to reflect the impacts of a tough macroeconomic environment, including inflation.
Newell Brands (NWL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.