Newell Brands (NWL) shares slide as company forecasts 2024 net sales decline
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Newell Brands Announces Fourth Quarter and Full Year 2023 Results
February 9, 2024 7:00 AM EST
Q4 Net Sales and Core Sales Decline 9%
Q4 Gross Margin and Operating Margin Improve Versus Prior Year
Full Year Operating Cash Flow Increases $1.2 Billion Versus Prior Year
Provides Initial Outlook for Full Year 2024
ATLANTA--(BUSINESS WIRE)-- Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2023 financial results.
Chris Peterson, Newell Brands President and Chief Executive Officer, said, "Since our leadership transition in May 2023, we introduced and deployed a comprehensive corporate strategy, which focuses on disproportionately investing in innovation, brand... More
Sharpie® Partners with Michael Penix Jr., Rome Odunze to Showcase High-Performance and Precision of Sharpie S-Gel Pens In Career-Defining Moments
February 8, 2024 8:01 AM ESTPenix and Odunze will exclusively use Sharpie at pivotal moments throughout their rookie seasons as they make their mark on professional sports.
ATLANTA, Feb. 8, 2024 /PRNewswire/ -- Today, Sharpie®, the iconic writing brand part of the Newell Brands global portfolio, has launched the Sharpie Rookie of the Year program a first-of-its-kind program that helps prolific college athletes and prospective professional draftees make their mark as they transition into the next phase of their careers. To kick off... More
