Previous Close | 20.32 |
Open | 20.34 |
Bid | 19.75 x 2900 |
Ask | 20.44 x 1400 |
Day's Range | 19.76 - 20.39 |
52 Week Range | 17.40 - 26.45 |
Volume | |
Avg. Volume | 3,370,762 |
Market Cap | 8.227B |
Beta (5Y Monthly) | 0.75 |
PE Ratio (TTM) | 11.63 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.92 (4.53%) |
Ex-Dividend Date | May 27, 2022 |
1y Target Est | N/A |
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Newell's (NWL) Q2 results reflect gains from strong demand, pricing actions and robust core sales growth. However, it slashes the 2022 view on inflation woes and adverse currency.
Small-caps appear to be following a familiar pattern, underperforming before a recession and then outperforming coming out of one. Here are some to consider.
Newell Brands Inc (NASDAQ: NWL) reported a second-quarter FY22 sales decline of 6.5% year-on-year to $2.53 billion, missing the consensus of $2.56 billion. Core sales grew 1.7%. The Commercial Solutions segment sales decreased 12.9% Y/Y to $429 million, Home Appliances fell 12.2% to $346 million, Home Solutions declined 11% to $467 million, and Learning & Development increased 2.4% to $865 million. The gross margin for the quarter remained flat Y/Y at 32.6%, and the gross profit decreased 6.5% t