Newell Brands (NWL) Tops Q3 EPS by 41c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

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Go back to Newell Brands (NWL) Tops Q3 EPS by 41c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

Newell Brands Announces Third Quarter 2020 Results

October 30, 2020 7:00 AM EDT

Net Sales Growth 5.1%; Core Sales Growth 7.2%
Delivers Meaningful Operating Profit and Margin Expansion
Posts Significant Operating Cash Flow Improvement
Reinstitutes Guidance for 2020

ATLANTA--(BUSINESS WIRE)-- Newell Brands (NASDAQ: NWL) today announced its third quarter 2020 financial results.

"We delivered very strong third quarter results, including broad-based sales growth underpinned by strong consumption, and significant improvement in operating margin and cash flow generation, as the organization rallied behind our strategic priorities, said Ravi Saligram, Newell Brands President and CEO. We are heading into the fourth... More